About Krispy Kreme
Krispy Kreme is a company based in Winston-salem (United States) founded in 1937 by Vernon Rudolph was acquired by JAB Holding Company in May 2016.. Krispy Kreme has raised $114.68 million across 3 funding rounds from investors including Deerpath Capital Management and JAB Holding Company. The company has 21,000 employees as of December 31, 2024. Krispy Kreme has completed 2 acquisitions, including Insomnia Cookies and Montana Mills. Krispy Kreme offers products and services including Doughnuts, Coffee and Drinks, Gift Cards, and Catering Services. Krispy Kreme operates in a competitive market with competitors including Sprinkles Cupcakes, Another Broken Egg Cafe, Workshop Cafe, Dancing Deer and Wuollet Bakery, among others.
- Headquarter Winston-salem, United States
- Employees 21000 as on 31 Dec, 2024
- Founders Vernon Rudolph
- Stage Public
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Sectors
RetailConsumer
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Krispy Kreme, Inc.
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Annual Revenue
$1.67 B-1.23as on Dec 31, 2024
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Net Profit
$3.1 M108.18as on Dec 31, 2024
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EBITDA
$142.15 M-13.21as on Dec 31, 2024
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Total Equity Funding
$114.68 M (USD)
in 3 rounds
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Latest Funding Round
$65.79 M (USD), Series C
Dec 19, 2018
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Investors
Deerpath Capital Management
& 1 more
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Employee Count
21000
as on Dec 31, 2024
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Investments & Acquisitions
Insomnia Cookies
& 1 more
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Acquired by
JAB Holding Company
(May 09, 2016)
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IPO & Listings of Krispy Kreme
Krispy Kreme is a publicly listed company on the NASDAQ with ticker symbol DNUT in USA, operating in the Distribution services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Krispy Kreme
Krispy Kreme offers a comprehensive portfolio of products and services, including Doughnuts, Coffee and Drinks, Gift Cards, and Catering Services. 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.
Variety of flavored doughnuts for retail and online purchase
Hot and cold coffee options with seasonal flavors
Digital and physical cards for purchasing products
Bundles for events including doughnuts and drinks
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Leadership Team
22 people
Operations Team
22 people
Software Development Team
21 people
Finance and Accounting
13 people
Sales and Marketing
6 people
Senior Team
5 people
Product Management Team
5 people
District Team
4 people
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Funding Insights of Krispy Kreme
Krispy Kreme has successfully raised a total of $114.68M across 3 strategic funding rounds. The most recent funding activity was a Series C round of $65.79 million completed in December 2018. 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 3
- Last Round Series C — $65.8M
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2018 | Amount | Series C - Krispy Kreme | Valuation |
investors |
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| Nov, 2017 | Amount | Series C - Krispy Kreme | Valuation |
investors |
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| May, 2015 | Amount | Debt – Conventional - Krispy Kreme | 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 Krispy Kreme
Krispy Kreme has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Deerpath Capital Management and JAB Holding Company. 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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Investment management services are provided for capital allocation.
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Founded Year | Domain | Location | |
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Premium brands are acquired by the private equity firm.
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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 Krispy Kreme
Krispy Kreme has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Insomnia Cookies and Montana Mills. 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
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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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Warm cookies are delivered daily by Insomnia Cookies.
|
2003 | ||||
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Bakery snacks are served at Montana Mills cafe.
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1997 |
| 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
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Krispy Kreme
| 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 |
Krispy Kreme Comparisons
Competitors of Krispy Kreme
Krispy Kreme 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 Sprinkles Cupcakes, Another Broken Egg Cafe, Workshop Cafe, Dancing Deer and Wuollet Bakery, 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 |
Provider of cupcakes, cakes, and related baked goods via online and in-store channels
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| domain | founded_year | HQ Location |
Owns and operates a chain of cafes
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| domain | founded_year | HQ Location |
Owns and operates a chain of cafes.
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| domain | founded_year | HQ Location |
Baked goods and beverages are served at chain bakery cafes.
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| domain | founded_year | HQ Location |
Wuollet Bakery bakes and sells premium cakes, pastries, bread, and tortes.
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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 Krispy Kreme
Frequently Asked Questions about Krispy Kreme
When was Krispy Kreme founded?
Krispy Kreme was founded in 1937 and raised its 1st funding round 78 years after it was founded.
Where is Krispy Kreme located?
Krispy Kreme is headquartered in Winston-salem, United States. It is registered at Winston-salem, North Carolina, United States.
Is Krispy Kreme a funded company?
Krispy Kreme is a funded company, having raised a total of $114.68M across 3 funding rounds to date.
How many employees does Krispy Kreme have?
As of Dec 31, 2024, the latest employee count at Krispy Kreme is 21,000.
What is the annual revenue of Krispy Kreme?
Annual revenue of Krispy Kreme is $1.67B as on Dec 31, 2024.
What does Krispy Kreme do?
Krispy Kreme was founded in 1937 in Winston-Salem, United States, as a doughnut company and coffeehouse chain. Operations have been expanded globally to countries including Australia, Canada, India, Japan, Mexico, and the Philippines. Products encompass doughnuts, baked goods, soft drinks, hot and iced beverages, frozen drinks, and sandwiches. The company maintains a presence in the food and beverage sector with a focus on quick-service outlets.
Who are the top competitors of Krispy Kreme?
Krispy Kreme's top competitors include Sprinkles Cupcakes, Another Broken Egg Cafe and Dandelion Chocolate.
What products or services does Krispy Kreme offer?
Krispy Kreme offers Doughnuts, Coffee and Drinks, Gift Cards, and Catering Services.
Is Krispy Kreme publicly traded?
Yes, Krispy Kreme is publicly traded on NASDAQ under the ticker symbol DNUT.
How many acquisitions has Krispy Kreme made?
Krispy Kreme has made 2 acquisitions, including Insomnia Cookies, and Montana Mills.
Who are Krispy Kreme's investors?
Krispy Kreme has 2 investors. Key investors include Deerpath Capital Management, and JAB Holding Company.
What is Krispy Kreme's ticker symbol?
The ticker symbol of Krispy Kreme is DNUT on NASDAQ.
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