About Halla
Halla is a company based in Los Angeles (United States) founded in 2016 was acquired by Wynshop in March 2024. It operates as a AI-as-a-Service, and SaaS (Software-as-a-Service). Halla has raised $7.14 million across 3 funding rounds from investors including Wynshop, Food Retail Ventures and SOSV. Halla offers products and services including Halla Intelligence, Recommendations, Substitutions, and AI-Powered Semantic Search. Halla operates in a competitive market with competitors including Zenput, Silo, Vendasta, Nosto and Dmall, among others.
- Headquarter Los Angeles, United States
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Sectors
Retail
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Wynshop Enterprises Inc.
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Annual Revenue
$213.81 K (USD)46as on Dec 31, 2022
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Net Profit
$18.53 K (USD)434as on Dec 31, 2022
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EBITDA
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Total Equity Funding
$7.14 M (USD)
in 3 rounds
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Latest Funding Round
$1.24 M (USD), Series A
Mar 14, 2023
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Investors
Wynshop
& 3 more
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Employee Count
Employee Count
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Acquired by
Wynshop
(Mar 11, 2024)
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Products & Services of Halla
Halla offers a comprehensive portfolio of products and services, including Halla Intelligence, Recommendations, Substitutions, and AI-Powered Semantic Search. 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.
AI engine built for grocery personalization and recommendations.
Dynamic product suggestions based on shopper behavior data.
Relevant replacement products identified using real-time inventory data.
NLP search engine interpreting intent for grocery products.
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Advisor Team
6 people
Advisory Team
1 people
Knowledge Team
1 people
CMO Team
1 people
Operations Team
1 people
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Funding Insights of Halla
Halla has successfully raised a total of $7.14M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $1.24 million completed in March 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 3
- Last Round Series A — $1.2M
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First Round
First Round
(15 May 2019)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2023 | Amount | Series A - Halla | Valuation |
investors |
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| Jul, 2021 | Amount | Series A - Halla | Valuation | Food Retail Ventures , EA Ventures | |
| May, 2019 | Amount | Seed - Halla | 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 Halla
Halla has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include Wynshop, Food Retail Ventures and SOSV. 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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Venture capital is provided to food and retail tech startups.
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Founded Year | Domain | Location | |
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Venture capital and accelerator services are provided across multiple sectors.
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Founded Year | Domain | Location | |
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ea ventures provides brand identity, web development, app development, and digital marketing services.
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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 Halla
| 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 - Halla
| 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 |
Halla Comparisons
Competitors of Halla
Halla 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 Zenput, Silo, Vendasta, Nosto and Dmall, 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 |
Zenput is utilized as an operations execution platform for multi-unit operators.
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| domain | founded_year | HQ Location |
Software suite solutions are provided for food distributor businesses.
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| domain | founded_year | HQ Location |
All-in-one platform for companies selling digital solutions to local businesses
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| domain | founded_year | HQ Location |
Personalized product recommendations are delivered via SaaS to online retailers.
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| domain | founded_year | HQ Location |
Cloud-based software suites are provided for retail businesses.
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| domain | founded_year | HQ Location |
Software suite solutions for retail supply chain are provided.
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| 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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Latest news on Halla
Frequently Asked Questions about Halla
When was Halla founded?
Halla was founded in 2016 and raised its 1st funding round 3 years after it was founded.
Where is Halla located?
Halla is headquartered in Los Angeles, United States. It is registered at Los Angeles, California, United States.
Is Halla a funded company?
Halla is a funded company, having raised a total of $7.14M across 3 funding rounds to date. The company's 1st funding round was a Seed of $1.4M, raised on May 15, 2019.
What is the annual revenue of Halla?
Annual revenue of Halla is $213.81K as on Dec 31, 2022.
What does Halla do?
Halla, integrated with Wynshop, is dedicated to transforming grocery retail through AI-driven personalization solutions. Its proprietary Halla Intelligence engine leverages over 100 billion data points to predict shopper preferences and recommend products, enhancing engagement and sales. The technology serves the grocery sector by offering tailored digital shopping experiences across various channels, including e-commerce, digital marketing, and in-store fulfillment. Solutions such as Recommendations, Substitutions, and AI-Powered Semantic Search are designed to meet unique consumer needs with precision.
Who are the top competitors of Halla?
Halla's top competitors include SPS Commerce, Dmall and Nosto.
What products or services does Halla offer?
Halla offers Halla Intelligence, Recommendations, Substitutions, and AI-Powered Semantic Search.
Who are Halla's investors?
Halla has 4 investors. Key investors include Wynshop, Food Retail Ventures, SOSV, and EA Ventures.
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