About Kavall
Kavall is a Retail company based in Stockholm (Sweden) founded in 2021 by Peter Simon and Robin Kärner Rendahl, and was acquired by MatHem in March 2023. Ultra-fast multi-category grocery delivery is offered through an online platform. Kavall has raised $22.05 million across 2 funding rounds from investors including Bring, MatHem and VNV Global. Its focus areas include Food and Agriculture Tech, Online Grocery, B2C Ecommerce and Multi Category. Its competitors include Vembla and Ding Dong; 1 of its 2 listed competitors has raised funding.
Company details
Kavall was founded in 2021 in Stockholm, Sweden, as an online platform focused on grocery delivery. Multi-category items such as fruits and vegetables, snacks and sweets, bakery products, and drinks and beverages are provided. Mobile applications for Android and iOS are available to users. Orders are delivered by an in-house rider team using electric bikes, ensuring operations within the local area.
Funding Insights of Kavall
Kavall has successfully raised a total of $22.05M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $16.29 million completed in April 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 $22.05M
- Total Rounds 2
- Last Round Series B — $16.29M
- First Round $5.76M
(Aug 2021)
- Investors Count 8
All 2 funding rounds of Kavall with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr 2022 | $16.29M | Series B | – | Nicoya, Bonnier Capital | |
| Aug 2021 | $5.76M | Series A | – | VNV Global, Inbox Capital |
9 investors in total: 7 institutional and 2 angel.
Investors in Kavall
Kavall has secured backing from 9 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Bring, MatHem and VNV Global.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early-stage tech-focused VC firm investing primarily in Sweden | inboxcap.com | Stockholm, Sweden | ||
Food tech startups are accelerated by venture-backed Nicoya firm. | 2017 | nicoya.se | Stockholm, Sweden | |
Investments in tech startups are managed by VNV Global. | 1996 | vnv.global | Stockholm, Sweden | |
Venture capital firm focused on multiple sectors | bonniercapital.se | Stockholm, Sweden | ||
An app-based platform for discovering startup transactions and facilitating deal flow. | 2020 | nordicangels.com | Stockholm, Sweden | |
Shipment tracking and delivery services are provided globally. | 1999 | bring.com | Oslo, Norway | |
FJ Fredrik Jung-Abbou | Co-founder of Kry, active angel investor in Indian startups | unknown_0e215dbeb6fd402f8 | ||
SB Samir Bachkani | unknown_33be7f7c46dc42f69 | |||
Grocery products are retailed and delivered online across Sweden. | 2009 | mathem.se | Stockholm, Sweden |
Investor details for Kavall
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People of Kavall
8 people are tracked at Kavall (4 in leadership, 4 in team).
| Name | Role | Group |
|---|---|---|
Peter Simon | Co-Founder | Leadership |
Robin Kärner Rendahl | Co-Founder | Leadership |
Robin Rendahl | Founder, Chief Operating Officer | Leadership |
Peter Eklund | Vice President Operations | Leadership |
Benjamin Kaulén | Supply Chain Manager | Team |
Niki Bani | Strategiskt Inköp Och Upphandling | Team |
Elin Elfvingsson | Area Operation Manager | Team |
David Palmer | Customer Service Agent | Team |
Complete people profiles for Kavall
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Timeline of Kavall
4 dated milestones of Kavall across 2 years, from founding to its latest funding, stage changes and deals.
- Founded Kavall is founded.
- Funding First funding round of $5.8M.
- Funding Latest funding round, Series B, of $16.3M.
- Exit Acquired by MatHem.
Competitors of Kavall
Kavall has 2 listed competitors in our database, 1 of them funded. They include Vembla and Ding Dong.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| vembla.se | 2019 | Stockholm, Sweden | $5.28M | Groceries are sold via an online marketplace from local stores. | ||
| dingdongapp.io | 2021 | Stockholm, Sweden | Multi-category grocery supplies are delivered rapidly via mobile platform. |
Detailed competitors of Kavall
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Frequently Asked Questions about Kavall
Kavall was founded in 2021.
Kavall is headquartered in Stockholm, Sweden.
Kavall is a funded company, having raised a total of $22.05M across 2 funding rounds to date. The company's 1st funding round was a Series A of $5.76M, raised on Aug 2021.
Kavall was founded in 2021 in Stockholm, Sweden, as an online platform focused on grocery delivery. Multi-category items such as fruits and vegetables, snacks and sweets, bakery products, and drinks and beverages are provided. Mobile applications for Android and iOS are available to users. Orders are delivered by an in-house rider team using electric bikes, ensuring operations within the local area.
Kavall has 9 investors. Key investors include Bring, MatHem, VNV Global, Nicoya, and Inbox Capital.
Yes. Kavall was acquired by MatHem in March 2023.