About KoRo
KoRo is a company based in Berlin (Germany) founded in 2014 was acquired by Social Chain in January 2020. It operates as a Direct-to-Consumer (D2C), and Subscription Box. KoRo has raised $120.88 million across 6 funding rounds from investors including Associated British Foods, Social Chain and Partech Partners. KoRo has completed 1 acquisition, including My Toy Box. KoRo offers products and services including Edelnussmischung, Bio Kakaonibs, and Weißes Mandelmus.
- Headquarter Berlin, Germany
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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 Koro
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$120.88 M (USD)
in 6 rounds
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Latest Funding Round
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Investors
Associated British Foods
& 9 more
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Employee Count
Employee Count
- Investments & Acquisitions
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Acquired by
Social Chain
(Jan 10, 2020)
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Products & Services of KoRo
KoRo offers a comprehensive portfolio of products and services, including Edelnussmischung, Bio Kakaonibs, and Weißes Mandelmus. 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.
A premium nut mix is offered in bulk packaging.
Organic cocoa nibs are sold in large packs.
White almond butter is provided in bulk quantities.
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Sales and Marketing
26 people
Software Development Team
8 people
Finance and Accounting
7 people
Team Team
6 people
Junior Team
6 people
Operations Team
4 people
Product Management Team
3 people
Creative and Marketing Team
3 people
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Funding Insights of KoRo
KoRo has successfully raised a total of $120.88M across 6 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 Funding
- Total Rounds 6
- Last Round Last Round
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First Round
First Round
(12 Nov 2020)
- Investors Count 10
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2025 | Amount | Series C - KoRo | Valuation |
investors |
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| Nov, 2024 | Amount | Series C - KoRo | Valuation | Coefficient Capital | |
| Dec, 2023 | Amount | Series B - KoRo | 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 KoRo
KoRo has secured backing from 10 investors, including venture fund and institutional investors. Prominent investors backing the company include Associated British Foods, Social Chain and Partech Partners. 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 acquisitions and exit transactions are specialized in.
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Founded Year | Domain | Location | |
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Investment in consumer shifts is facilitated by Coefficient Capital.
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Founded Year | Domain | Location | |
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Food tech companies are invested in by Five Seasons Ventures.
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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 KoRo
KoRo has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include My Toy Box. 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.
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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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Internet first brand offering licensed merchandise toys
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2018 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
|
2017 | ||||
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Bionic investment advisor platform
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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 - KoRo
| 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 |
Koro Comparisons
Competitors of KoRo
| 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 KoRo
When was KoRo founded?
KoRo was founded in 2014 and raised its 1st funding round 6 years after it was founded.
Where is KoRo located?
KoRo is headquartered in Berlin, Germany. It is registered at Berlin, Berlin, Germany.
Is KoRo a funded company?
KoRo is a funded company, having raised a total of $120.88M across 6 funding rounds to date.
What does KoRo do?
KoRo is involved in the online retail of food products, specializing in bulk packaging. The company offers a wide range of snacks, nuts, nut butters, dried fruits, and protein products. Operations are focused on providing high-quality items at fair prices, with an emphasis on sustainability through reduced plastic usage in packaging. Sectors served include health-conscious consumers and bulk buyers, with solutions tailored for direct-to-consumer sales via an e-commerce platform.
What products or services does KoRo offer?
KoRo offers Edelnussmischung, Bio Kakaonibs, and Weißes Mandelmus.
How many acquisitions has KoRo made?
KoRo has made 1 acquisition, including My Toy Box.
Who are KoRo's investors?
KoRo has 10 investors. Key investors include Associated British Foods, Social Chain, Partech Partners, Kharis Capital, and Coefficient Capital.