About Karums
Karums is a company based in Riga (Latvia) founded in 1994 was acquired by Food Union in November 2015.. Karums offers products and services including Biezpiena sieriņi, Jogurti, Saldā krējuma krēmi, Biezpiena deserti, and Svaigais siers. Karums operates in a competitive market with competitors including Smiltenes Piens, Valmieras Piens, Got Foods, SIA Rigas Piensaimnieks and Talsu Piensaimnieks, among others.
- Headquarter Riga, Latvia
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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
*********
- Legal Name As Rigas Piena Kombinats
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
Food Union
& 1 more
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Employee Count
Employee Count
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Acquired by
Food Union
(Nov 02, 2015)
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Products & Services of Karums
Karums offers a comprehensive portfolio of products and services, including Biezpiena sieriņi, Jogurti, Saldā krējuma krēmi, Biezpiena deserti, and Svaigais siers. 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.
Cottage cheese snacks made from quality milk for everyday consumption.
Yogurts produced with selected ingredients for healthy eating.
Sweet cream products used in desserts and cooking.
Cottage cheese desserts with reduced sugar options.
Fresh cheese items suitable for various meals.
Funding Insights of Karums
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2006 | Amount | Series A - Karums | 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 Karums
Karums has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Food Union and Darby Overseas Investments. 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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Private equity and infrastructure funds are managed across multiple sectors.
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Founded Year | Domain | Location | |
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Manufacturer of ice cream, dairy, and frozen food products
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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 Karums
| 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 - Karums
| 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 |
Karums Comparisons
Competitors of Karums
Karums 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 Smiltenes Piens, Valmieras Piens, Got Foods, SIA Rigas Piensaimnieks and Talsu Piensaimnieks, 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 |
Dairy products are produced and branded by Smiltenes Piens.
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| domain | founded_year | HQ Location |
Manufactures natural dairy products like milk, yogurt, and butter in Valmiera, Latvia.
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| domain | founded_year | HQ Location |
Plant-based and dairy alternative products are retailed by Got Foods.
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| domain | founded_year | HQ Location |
Brand of dairy products
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| domain | founded_year | HQ Location |
Manufactures and sells dairy products including cheese, milk, and yogurt in Talsi.
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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 Karums
When was Karums founded?
Karums was founded in 1994 and raised its 1st funding round 12 years after it was founded.
Where is Karums located?
Karums is headquartered in Riga, Latvia.
What does Karums do?
Karums was founded in 1994 in Riga, Latvia, as a dairy manufacturing company. A range of products such as milk, yogurt, sweet and sour cream, desserts, and French cheese is produced. These items are made without preservatives or animal fats and are sold under the companys own brand. Exports to several countries have been conducted since June 2017.
Who are the top competitors of Karums?
Karums's top competitors include Smiltenes Piens, SIA Rigas Piensaimnieks and Got Foods.
What products or services does Karums offer?
Karums offers Biezpiena sieriņi, Jogurti, Saldā krējuma krēmi, Biezpiena deserti, and Svaigais siers.
Who are Karums's investors?
Karums has 2 investors. Key investors include Food Union, and Darby Overseas Investments.
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