About Geia Food
Geia Food is a company based in Aalborg (Denmark) founded in 2014 was acquired by Triton Partners in April 2021.. Geia Food has raised $52.75 million across 2 funding rounds from investors including Triton Partners and Credo Partners. The company has 132 employees as of December 31, 2023. Geia Food has completed 2 acquisitions, including LupaFoods and Topfoods. Geia Food offers products and services including Food Development Services and Product Sourcing.
- Headquarter Aalborg, Denmark
- Employees 132 as on 31 Dec, 2023
-
Sectors
ConsumerRetail
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Geia Group
-
Annual Revenue
$299.67 M (USD)11as on Dec 31, 2023
-
Net Profit
$7.51 M (USD)26as on Dec 31, 2023
-
EBITDA
$10.19 M (USD)34as on Dec 31, 2023
-
Total Equity Funding
$52.75 M (USD)
in 2 rounds
-
Latest Funding Round
$2.2 M (USD), Seed
Apr 24, 2023
-
Investors
Triton Partners
& 1 more
-
Employee Count
132
as on Dec 31, 2023
-
Investments & Acquisitions
LupaFoods
& 1 more
- Acquired by
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Geia Food
Geia Food offers a comprehensive portfolio of products and services, including Food Development Services and Product Sourcing. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Offers expertise in food recipes and quality assurance for partners
Manages sourcing of dairy, poultry, and beverages efficiently
Unlock access to complete
Funding Insights of Geia Food
Geia Food has successfully raised a total of $52.75M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $2.2 million completed in April 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Seed — $2.2M
-
First Round
First Round
(14 Jun 2021)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2023 | Amount | Seed - Geia Food | Valuation |
investors |
|
| Jun, 2021 | Amount | Seed - Geia Food | Valuation |
investors |
|
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Geia Food
Geia Food has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Triton Partners and Credo Partners. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Private equity and debt fund focused on service, healthcare, consumer, and industrial sectors
|
Founded Year | Domain | Location | |
|
Credo Partners is engaged in scaling founder-led Scandinavian companies.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Geia Food
Geia Food has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include LupaFoods and Topfoods. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Online recipes and food products with nutritional details are discovered.
|
2008 | ||||
|
Frozen ready meals are branded and distributed by LupaFoods.
|
1999 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
OVO is recognized as a smart digital payment application.
|
2017 | ||||
|
Bionic investment advisor platform
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - Geia Food
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Geia Food Comparisons
Competitors of Geia Food
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Geia Food
Frequently Asked Questions about Geia Food
When was Geia Food founded?
Geia Food was founded in 2014 and raised its 1st funding round 7 years after it was founded.
Where is Geia Food located?
Geia Food is headquartered in Aalborg, Denmark.
Who is the current CEO of Geia Food?
Claus Ravnsbo is the current CEO of Geia Food.
Is Geia Food a funded company?
Geia Food is a funded company, having raised a total of $52.75M across 2 funding rounds to date. The company's 1st funding round was a Seed of $50.56M, raised on Jun 14, 2021.
How many employees does Geia Food have?
As of Dec 31, 2023, the latest employee count at Geia Food is 132.
What is the annual revenue of Geia Food?
Annual revenue of Geia Food is $299.67M as on Dec 31, 2023.
What does Geia Food do?
Geia Food was founded in 2014 in Aalborg, Denmark, and operates as a distributor in the food sector. A wide range of categories, including frozen and chilled foods, groceries, and beverages, is handled by the company. Operations focus on product innovation, operational simplification, and category profitability enhancement. Leadership is provided by CEO Claus Ravnsbo, supporting business partnerships in the region.
What products or services does Geia Food offer?
Geia Food offers Food Development Services and Product Sourcing.
How many acquisitions has Geia Food made?
Who are Geia Food's investors?
Geia Food has 2 investors. Key investors include Triton Partners, and Credo Partners.