About Global Bakeries
Global Bakeries is a company based in Los Angeles (United States) founded in 1985 by Albert Boyajian was acquired by Surge Private Equity in December 2018.. Global Bakeries has raised $15 million across 1 funding round from investors including Surge Private Equity and Firmament. Global Bakeries has completed 2 acquisitions, including Bubbles Baking and THE BETTER BAKING COMPANY.
- Headquarter Los Angeles, United States
- Founders Albert Boyajian
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Sectors
Consumer
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$15 M (USD)
in 1 rounds
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Latest Funding Round
$15 M (USD), Private Equity Round
Nov 27, 2018
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Investors
Surge Private Equity
& 1 more
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Employee Count
Employee Count
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Investments & Acquisitions
Bubbles Baking
& 1 more
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Acquired by
Surge Private Equity
(Dec 03, 2018)
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Funding Insights of Global Bakeries
Global Bakeries has successfully raised a total of $15M through 1 strategic funding round. The most recent funding activity was a Private Equity Round round of $15 million completed in November 2018. 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 1
- Last Round Private Equity Round — $15.0M
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First Round
First Round
(27 Nov 2018)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2018 | Amount | Private Equity Round - Global Bakeries | Valuation |
investors |
| 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 Global Bakeries
Global Bakeries has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Surge Private Equity and Firmament. 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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Surge Private Equity is engaged in private equity investments.
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Founded Year | Domain | Location | |
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Structured capital solutions are provided to small and medium-sized enterprises.
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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 Global Bakeries
Global Bakeries has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Bubbles Baking and THE BETTER BAKING COMPANY. 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 |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
|
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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bakery snacks are manufactured and branded by the company.
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1991 | ||||
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Bakery products are manufactured and distributed by Bubbles Baking.
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1963 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
|
2017 | ||||
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Bionic investment advisor platform
|
2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - Global Bakeries
| 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 |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Global Bakeries Comparisons
Competitors of Global Bakeries
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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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Frequently Asked Questions about Global Bakeries
When was Global Bakeries founded?
Global Bakeries was founded in 1985 and raised its 1st funding round 33 years after it was founded.
Where is Global Bakeries located?
Global Bakeries is headquartered in Los Angeles, United States. It is registered at Los Angeles, California, United States.
Is Global Bakeries a funded company?
Global Bakeries is a funded company, having raised a total of $15M across 1 funding round to date. The company's 1st funding round was a Private Equity Round of $15M, raised on Nov 27, 2018.
What does Global Bakeries do?
Global Bakeries was established in 1985 in Los Angeles, United States, by founder Albert Boyajian, who serves as president. Operations focus on the production of bakery snacks within the food manufacturing sector. Products are distributed from the companys base, with an online presence maintained through the domain globalbakeriesinc.com. The firm remains headquartered in Los Angeles, emphasizing standard manufacturing processes for snacks.
How many acquisitions has Global Bakeries made?
Global Bakeries has made 2 acquisitions, including Bubbles Baking, and THE BETTER BAKING COMPANY.
Who are Global Bakeries's investors?
Global Bakeries has 2 investors. Key investors include Surge Private Equity, and Firmament.