Icelandic Glacial

Selfoss, Iceland Founded: 2004 • Age: 22 yrs
Brand of sparkling water
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About Icelandic Glacial

Icelandic Glacial is a company based in Selfoss (Iceland) founded in 2004 by Jon Olafsson and Kristjan Olafsson.. Icelandic Glacial has raised $66 million across 2 funding rounds from investors including BlackRock. Icelandic Glacial offers products and services including Natural Spring Water, Still Water, and Sparkling Water. Icelandic Glacial operates in a competitive market with competitors including waterdrop, Hint, Essentia Water, PathWater and AQUAhydrate, among others.

  • Headquarter Selfoss, Iceland
  • Founders Jon Olafsson, Kristjan Olafsson
  • Sectors
    Consumer
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Icelandic Water Holdings Hf
Operational Areas
Consumer → Food, Beverage & Nutrition
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $66 M (USD)

    in 2 rounds

  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
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Products & Services of Icelandic Glacial

Icelandic Glacial offers a comprehensive portfolio of products and services, including Natural Spring Water, Still Water, and Sparkling Water. 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.

Primary

Pure, naturally alkaline water sourced from Icelandic springs for daily hydration.

Non-carbonated spring water in glass or aluminum for everyday use.

Carbonated spring water option for refreshing consumption.

People of Icelandic Glacial
Headcount 50-200
Employee Profiles 30
Employee Profiles
People
Ryan Clark
Regional Sales Manager
People
Desmond Kirton
Area Sales Manager Fl
People
Josie Padilla
Global Chief Financial Officer
People
Mark Donley
Regional Sales Manager

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Funding Insights of Icelandic Glacial

Icelandic Glacial has successfully raised a total of $66M across 2 strategic funding rounds. 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 Rounds 2
  • Last Round
  • First Round

    (21 Aug 2019)

  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Sep, 2023 Amount Series B - Icelandic Glacial Valuation BlackRock
Aug, 2019 Amount Series A - Icelandic Glacial Valuation BlackRock
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Icelandic Glacial

Icelandic Glacial has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include BlackRock. 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.

All
Institutional
Investor Description Founded Year Domain Location
Diversified investment management firm and private fund focused on debt, equity, and secondary market investments in multiple sectors
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Icelandic Glacial

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Icelandic Glacial

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Icelandic Glacial Comparisons

Employees
+
Add Comparison
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Competitors of Icelandic Glacial

Icelandic Glacial 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 waterdrop, Hint, Essentia Water, PathWater and AQUAhydrate, 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
Packaged flavored water is manufactured and distributed by Waterdrop.
domain founded_year HQ Location
Flavored water beverages are produced and distributed by Hint.
domain founded_year HQ Location
Manufacturer of alkaline & electrolyzed drinking water bottles
domain founded_year HQ Location
Packaged water with pH7 is sold through retailers and online.
domain founded_year HQ Location
Electrolyte-enhanced alkaline water is purified and bottled for fitness markets.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Icelandic Glacial

Frequently Asked Questions about Icelandic Glacial

When was Icelandic Glacial founded?

Icelandic Glacial was founded in 2004 and raised its 1st funding round 15 years after it was founded.

Where is Icelandic Glacial located?

Icelandic Glacial is headquartered in Selfoss, Iceland.

Who is the current CEO of Icelandic Glacial?

Reza Mirza is the current CEO of Icelandic Glacial.

Is Icelandic Glacial a funded company?

Icelandic Glacial is a funded company, having raised a total of $66M across 2 funding rounds to date. The company's 1st funding round was a Series A of $66M, raised on Aug 21, 2019.

What does Icelandic Glacial do?

Icelandic Glacial, backed by 66000000.0 from BlackRock, focuses on food and agriculture, food beverage products, producing beverages, packaged water, non-carbonated water, and enhanced. Brand of sparkling water. Driving innovation, growth, and excellence in its industry sectors. It continues to evolve, meeting industry challenges with strategic approaches.

Who are the top competitors of Icelandic Glacial?

Icelandic Glacial's top competitors include waterdrop, Hint and Essentia Water.

What products or services does Icelandic Glacial offer?

Icelandic Glacial offers Natural Spring Water, Still Water, and Sparkling Water.

Who are Icelandic Glacial's investors?

Icelandic Glacial has 1 investor. Key investors include BlackRock.

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