About Hammond’s Candies
Hammond’s Candies is a company based in Denver (United States) founded in 1920 was acquired by Lolli and Pops in November 2024.. Hammond’s Candies has completed 1 acquisition, including Old Dominion Peanut. Hammond’s Candies offers products and services including Handmade Candies, Chocolate Bars, Marshmallows, Lollipops, and Gift Boxes. Hammond’s Candies operates in a competitive market with competitors including Jelly Belly, Candy Club, M&M'S, SmashMallow and StuffedPuffs, among others.
- Headquarter Denver, United States
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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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- Legal Name Hammonds Candies
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
$7.5 M (USD), Debt – Conventional
Sep 15, 2021
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Investors
TAB Bank
& 3 more
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Employee Count
Employee Count
- Investments & Acquisitions
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Acquired by
Lolli and Pops
(Nov 14, 2024)
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Products & Services of Hammond’s Candies
Hammond’s Candies offers a comprehensive portfolio of products and services, including Handmade Candies, Chocolate Bars, Marshmallows, Lollipops, and Gift Boxes. 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.
Handcrafted sweets using premium ingredients for various flavors
Variety of bars with unique flavors for snacking
Soft, flavored marshmallows made with traditional recipes
Colorful, flavored lollipops for everyday enjoyment
Curated boxes of candies for gifting purposes
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Funding Insights of Hammond’s Candies
- Total Funding Total Funding
- Total Rounds 3
- Last Round Debt – Conventional — $7.5M
- First Round First Round
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2021 | Amount | Debt – Conventional - Hammond’s Candies | Valuation |
investors |
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| Jan, 2013 | Amount | Private Equity Round - Hammond’s Candies | Valuation | CIG |
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| Jan, 2013 | Amount | Debt – Conventional - Hammond’s Candies | 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 Hammond’s Candies
Hammond’s Candies has secured backing from 4 investors, including institutional and venture fund investors. Prominent investors backing the company include TAB Bank, Lolli and Pops and MCG 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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Investments are managed by a family-owned firm in New York.
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Founded Year | Domain | Location | |
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Growth equity is provided to early-stage SMEs by MCG Capital.
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Founded Year | Domain | Location | |
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Commercial banking services are provided by TAB Bank.
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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 Hammond’s Candies
Hammond’s Candies has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Old Dominion Peanut. 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
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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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Brand of chocolate candy bar
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1985 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Hammonds Candies
| 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 |
Hammond’S Candies Comparisons
Competitors of Hammond’s Candies
Hammond’s Candies 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 Jelly Belly, Candy Club, M&M'S, SmashMallow and StuffedPuffs, 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 |
A candy company specializing in high-quality confectionery products.
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| domain | founded_year | HQ Location |
Monthly subscriptions of candy products are provided by Candy Club.
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| domain | founded_year | HQ Location |
Brand of gum & candy
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| domain | founded_year | HQ Location |
Organic marshmallow products in various flavors are produced and sold.
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| domain | founded_year | HQ Location |
Brand of candy
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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 Hammond’S Candies
Frequently Asked Questions about Hammond’s Candies
When was Hammond’s Candies founded?
Hammond’s Candies was founded in 1920 and raised its 1st funding round 93 years after it was founded.
Where is Hammond’s Candies located?
Hammond’s Candies is headquartered in Denver, United States. It is registered at Denver, Colorado, United States.
Who is the current CEO of Hammond’s Candies?
Andrew Schuman is the current CEO of Hammond’s Candies.
What does Hammond’s Candies do?
Hammonds Candies was established in 1920 in Denver, United States, within the confectionery sector. Candies and popcorn are manufactured as primary products. Distribution occurs globally through an online store, with operations centered on wholesale and direct sales. Leadership is provided by CEO and President Andrew Schuman. The company maintains a focus on traditional confectionery methods.
Who are the top competitors of Hammond’s Candies?
Hammond’s Candies's top competitors include Candy Club, StuffedPuffs and M&M'S.
What products or services does Hammond’s Candies offer?
Hammond’s Candies offers Handmade Candies, Chocolate Bars, Marshmallows, Lollipops, and Gift Boxes.
How many acquisitions has Hammond’s Candies made?
Hammond’s Candies has made 1 acquisition, including Old Dominion Peanut.
Who are Hammond’s Candies's investors?
Hammond’s Candies has 4 investors. Key investors include TAB Bank, Lolli and Pops, MCG Capital, and Cambridge Information Group.
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