About Honest & Rare
Honest & Rare is a company based in Berlin (Germany) founded in 2019.. Honest & Rare has raised $255.35 thousand across 1 funding round from investors including Loyal VC. Honest & Rare offers products and services including Online Marketplace, Craft Beer Selection, Gin Variety, and Spices and Sauces. Honest & Rare operates in a competitive market with competitors including Spiritory, HiddenTaste and Bring Your Drink, among others.
- Headquarter Berlin, Germany
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Sectors
Retail
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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
$255.35 K (USD)
in 1 rounds
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Latest Funding Round
$255.35 K (USD), Seed
Jul 07, 2022
- Investors
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Employee Count
Employee Count
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Products & Services of Honest & Rare
Honest & Rare offers a comprehensive portfolio of products and services, including Online Marketplace, Craft Beer Selection, Gin Variety, and Spices and Sauces. 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.
Platform for purchasing craft beverages and foods from producers
Collection of independent craft beers for online ordering
Range of specialty gins from various producers
Assortment of gourmet spices and sauces for culinary use
Funding Insights of Honest & Rare
Honest & Rare has successfully raised a total of $255.35K through 1 strategic funding round. The most recent funding activity was a Seed round of $255.35 thousand completed in July 2022. 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 Seed — $255,348
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First Round
First Round
(07 Jul 2022)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2022 | Amount | Seed - Honest & Rare | Valuation | Loyal |
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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 Honest & Rare
Honest & Rare has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Loyal VC. 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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A diversified evergreen venture fund is managed for accredited investors.
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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 Honest & Rare
| 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 - Honest Rare
| 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 |
Honest & Rare Comparisons
Competitors of Honest & Rare
Honest & Rare 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 Spiritory, HiddenTaste and Bring Your Drink, 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 |
An online marketplace for alcoholic beverages is operated globally.
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| domain | founded_year | HQ Location |
Consulting services for business successions, M&A, and interim management.
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| domain | founded_year | HQ Location |
Ultra-fast app-based delivery of freshly prepared drinks to various locations.
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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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Frequently Asked Questions about Honest & Rare
When was Honest & Rare founded?
Honest & Rare was founded in 2019 and raised its 1st funding round 3 years after it was founded.
Where is Honest & Rare located?
Honest & Rare is headquartered in Berlin, Germany. It is registered at Berlin, Berlin, Germany.
Is Honest & Rare a funded company?
Honest & Rare is a funded company, having raised a total of $255.35K across 1 funding round to date. The company's 1st funding round was a Seed of $255.35K, raised on Jul 07, 2022.
What does Honest & Rare do?
Honest Rare was founded in 2019 in Berlin, Germany, as an online platform focused on the beverage sector. A diverse range of products, including beer, gin, whiskey, rum, grain spirits, coffee, wine, sodas, and additional items, is provided through the domain honest-rare.de. Operations center on e-commerce distribution of these beverages to customers across Germany, emphasizing accessibility and variety in the market.
Who are the top competitors of Honest & Rare?
Honest & Rare's top competitors include Spiritory, HiddenTaste and Bring Your Drink.
What products or services does Honest & Rare offer?
Honest & Rare offers Online Marketplace, Craft Beer Selection, Gin Variety, and Spices and Sauces.
Who are Honest & Rare's investors?
Honest & Rare has 1 investor. Key investors include Loyal VC.