About Gelato
Gelato is a company based in Oslo (Norway) founded in 2007 by Henrik Muller Hansen.. Gelato has raised $268.7 million across 4 funding rounds from investors including SoftBank Group, SEB and Dawn Capital. Gelato operates in a competitive market with competitors including Printful, Prodigi, Printify, Gooten and Spocket, among others.
- Headquarter Oslo, Norway
- Founders Henrik Muller Hansen
- Stage Unicorn
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Sectors
Transportation, Automotive & LogisticsRetail
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Gelato Print Services India Private Limited
- Date of Incorporation 02 Dec, 2016
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$1.04 M (USD)209.26as on Mar 31, 2023
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Net Profit
$69.7 K (USD)203.17as on Mar 31, 2023
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EBITDA
$198.19 K (USD)319.96as on Mar 31, 2023
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Total Equity Funding
$268.7 M (USD)
in 4 rounds
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Latest Funding Round
$240 M (USD), Series D
Aug 16, 2021
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Investors
SoftBank Group
& 10 more
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Employee Count
Employee Count
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Software Development Team
21 people
Product Management Team
12 people
Leadership Team
10 people
Senior Team
7 people
Finance and Accounting
6 people
Creative and Marketing Team
6 people
Sales and Marketing
5 people
Head Team
5 people
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Funding Insights of Gelato
Gelato has successfully raised a total of $268.7M across 4 strategic funding rounds. The most recent funding activity was a Series D round of $240 million completed in August 2021. 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 4
- Last Round Series D — $240.0M
- First Round First Round
- Investors Count 11
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2021 | Amount | Series D - Gelato | Valuation | Insight Partners | |
| Jun, 2020 | Amount | Series B - Gelato | Valuation | DN Capital | |
| Jun, 2018 | Amount | Series B - Gelato | Valuation | Dawn Capital |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Gelato
Gelato has secured backing from 11 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include SoftBank Group, SEB and Dawn Capital. 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 |
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Investment firm scaling software and technology companies from early to late stages.
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Founded Year | Domain | Location | |
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Venture capital investments in technology and startups.
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Founded Year | Domain | Location | |
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Dawn Capital is focused on investing in European software startups.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Gelato
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Gelato
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Gelato Comparisons
Competitors of Gelato
Gelato operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Printful, Prodigi, Printify, Gooten and Spocket, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
On-demand custom printing and fulfillment services are provided for e-commerce.
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| domain | founded_year | HQ Location |
On-demand printing and dropshipping solutions are provided globally.
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| domain | founded_year | HQ Location |
Software solutions for custom print-on-demand dropshipping in fashion are provided.
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| domain | founded_year | HQ Location |
Print-on-demand manufacturing and delivery solutions are offered to businesses.
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| domain | founded_year | HQ Location |
Dropshipping services for multi-category fashion products are offered.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Gelato
Frequently Asked Questions about Gelato
When was Gelato founded?
Gelato was founded in 2007 and raised its 1st funding round 3 years after it was founded.
Where is Gelato located?
Gelato is headquartered in Oslo, Norway. It is registered at Oslo, Oslo, Norway.
Who is the current CEO of Gelato?
Henrik Muller Hansen is the current CEO of Gelato. They have also founded this company.
Is Gelato a funded company?
Gelato is a funded company, having raised a total of $268.7M across 4 funding rounds to date. The company's 1st funding round was a Series B of $20M, raised on Apr 01, 2010.
What is the annual revenue of Gelato?
Annual revenue of Gelato is $1.04M as on Mar 31, 2023.
What does Gelato do?
Gelato was founded in 2007 in Oslo, Norway, as a provider of SaaS-based solutions in the e-commerce and printing sector. On-demand printing services for customized products, including apparel, drinkware, phone cases, and decor, are facilitated through its platform. Operations support dropshipping models for global users, with a mobile application available on Android and iOS.
Who are the top competitors of Gelato?
Who are Gelato's investors?
Gelato has 11 investors. Key investors include SoftBank Group, SEB, Dawn Capital, SoftBank Vision Fund, and Goldman Sachs Asset Management.
What is Gelato's valuation?
The valuation of Gelato is $1.05B as of Aug 2021.