About Joy Cone
Joy Cone is a company based in Hermitage (United States) founded in 1918.. Joy Cone has raised $445.32 thousand across 1 funding round. Joy Cone has completed 1 acquisition, including BoDean’s Baking Group. Joy Cone operates in a competitive market with competitors including Van Leeuwen Ice Cream, Salt & Straw, Maple Hill, Ample Hills and Nick's, among others.
- Headquarter Hermitage, 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 Joy Cone Co.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$445.32 K (USD)
in 1 rounds
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Latest Funding Round
$445.32 K (USD), Unspecified
Jun 07, 2011
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Investors
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Employee Count
Employee Count
- Investments & Acquisitions
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Funding Insights of Joy Cone
Joy Cone has successfully raised a total of $445.32K through 1 strategic funding round. The most recent funding activity was a Unspecified round of $445.32 thousand completed in June 2011. 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 Unspecified — $445,320
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First Round
First Round
(07 Jun 2011)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2011 | Amount | Unspecified - Joy Cone | Valuation |
investors |
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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 |
Investments & Acquisitions by Joy Cone
Joy Cone has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include BoDean’s Baking Group. 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.
|
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 |
|---|---|---|---|---|---|
|
Distributor of ice cream toppings and waffles
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2000 |
| 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
|
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.
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2014 |
Financial Statements - Joy Cone
| 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 |
Joy Cone Comparisons
Competitors of Joy Cone
Joy Cone 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 Van Leeuwen Ice Cream, Salt & Straw, Maple Hill, Ample Hills and Nick's, 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 |
Artisan ice cream is produced and supplied by Van Leeuwen.
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| domain | founded_year | HQ Location |
Brand of ice cream
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| domain | founded_year | HQ Location |
Organic dairy products are manufactured and supplied by Maple Hill.
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| domain | founded_year | HQ Location |
Homemade gourmet ice cream
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| domain | founded_year | HQ Location |
Flavoured ice cream is branded and distributed by Nick's.
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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 Joy Cone
Frequently Asked Questions about Joy Cone
When was Joy Cone founded?
Joy Cone was founded in 1918 and raised its 1st funding round 93 years after it was founded.
Where is Joy Cone located?
Joy Cone is headquartered in Hermitage, United States. It is registered at Hermitage, Pennsylvania, United States.
Who is the current CEO of Joy Cone?
David George is the current CEO of Joy Cone.
Is Joy Cone a funded company?
Joy Cone is a funded company, having raised a total of $445.32K across 1 funding round to date. The company's 1st funding round was a Unspecified of $445.32K, raised on Jun 07, 2011.
What does Joy Cone do?
Joy Cone was founded in 1918 in Hermitage, United States, and operates within the frozen dessert sector. A range of ice cream cones, including cake cups, sugar cones, waffle cones, waffle bowls, and gluten-free options, is manufactured by the company. These products, certified as kosher, are distributed through retailers and independent stores across the US. Leadership is provided by CEO and President David George.
Who are the top competitors of Joy Cone?
Joy Cone's top competitors include Van Leeuwen Ice Cream, Salt & Straw and Straus Family Creamery.
How many acquisitions has Joy Cone made?
Joy Cone has made 1 acquisition, including BoDean’s Baking Group.