About MicroSalt
MicroSalt is a company based in West Palm Beach (United States) founded in 2017.. MicroSalt has raised $1.15 million across 3 funding rounds from investors including Tech Transfer Agrifood. MicroSalt offers products and services including Bulk Purchases, Salt Shakers, and SaltMe! CHIPS. MicroSalt operates in a competitive market with competitors including McCormick, Omsom, Morton Salt, Spice World and Olde Thompson, among others.
- Headquarter West Palm Beach, United States
- Stage Public
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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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Annual Revenue
$735.39 K (USD)27.11as on Dec 31, 2024
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Net Profit
$-6.01 M (USD)-71.43as on Dec 31, 2024
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EBITDA
$-4.3 M (USD)-26.77as on Dec 31, 2024
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Total Equity Funding
$1.15 M (USD)
in 3 rounds
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Latest Funding Round
$2.99 M (USD), Post-IPO
Feb 07, 2025
- Investors
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Employee Count
Employee Count
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IPO & Listings of MicroSalt
MicroSalt is a publicly listed company on the LSE with ticker symbol SALT in UK, operating in the Process industries 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 MicroSalt
MicroSalt offers a comprehensive portfolio of products and services, including Bulk Purchases, Salt Shakers, and SaltMe! CHIPS. 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.
Service for buying low-sodium salt in large quantities
Shakers containing low-sodium salt alternative
Potato chips seasoned with low-sodium salt
Funding Insights of MicroSalt
MicroSalt has successfully raised a total of $1.15M across 3 strategic funding rounds. The most recent funding activity was a Post-IPO round of $2.99 million completed in February 2025. 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 Post-IPO — $3.0M
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First Round
First Round
(04 Jan 2022)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2025 | Amount | Post-IPO - MicroSalt | Valuation |
investors |
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| May, 2022 | Amount | Seed - MicroSalt | Valuation | Tech Transfer Agrifood |
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| Jan, 2022 | Amount | Seed - MicroSalt | 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 |
Investors in MicroSalt
MicroSalt has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Tech Transfer Agrifood. 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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Venture capital firm focused on impact investments in food sectors
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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 MicroSalt
| 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 - MicroSalt
| 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 |
Microsalt Comparisons
Competitors of MicroSalt
MicroSalt 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 McCormick, Omsom, Morton Salt, Spice World and Olde Thompson, 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 |
Spices and seasonings are produced and branded by McCormick.
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| domain | founded_year | HQ Location |
Brand of spices & seasoning
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| domain | founded_year | HQ Location |
Salt is produced for consumer, industrial, and agricultural applications.
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| domain | founded_year | HQ Location |
Spices and seasonings are branded and distributed by Spice World.
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| domain | founded_year | HQ Location |
Spices and seasonings are produced and distributed by Olde Thompson.
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| domain | founded_year | HQ Location |
Sweeteners including honey, agave, and molasses are procured and supplied.
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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 Microsalt
Frequently Asked Questions about MicroSalt
When was MicroSalt founded?
MicroSalt was founded in 2017 and raised its 1st funding round 5 years after it was founded.
Where is MicroSalt located?
MicroSalt is headquartered in West Palm Beach, United States. It is registered at West Palm Beach, Florida, United States.
Is MicroSalt a funded company?
MicroSalt is a funded company, having raised a total of $1.15M across 3 funding rounds to date. The company's 1st funding round was a Seed of $750K, raised on Jan 04, 2022.
What is the annual revenue of MicroSalt?
Annual revenue of MicroSalt is $735.39K as on Dec 31, 2024.
What does MicroSalt do?
MicroSalt was founded in 2017 and is headquartered in West Palm Beach, United States. Operations are centered on salt processing within the food and industrial materials sector. The company manages the extraction, refinement, and distribution of salt products for various applications. Activities are based in the United States, with a focus on domestic processing facilities. Domain microsaltinc.com is utilized for online presence.
Who are the top competitors of MicroSalt?
MicroSalt's top competitors include McCormick, Morton Salt and Spice World.
What products or services does MicroSalt offer?
MicroSalt offers Bulk Purchases, Salt Shakers, and SaltMe! CHIPS.
Is MicroSalt publicly traded?
Yes, MicroSalt is publicly traded on LSE under the ticker symbol SALT.
Who are MicroSalt's investors?
MicroSalt has 1 investor. Key investors include Tech Transfer Agrifood.
What is MicroSalt's ticker symbol?
The ticker symbol of MicroSalt is SALT on LSE.
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