About Nordic 247 Services
Nordic 247 Services is a company based in Espoo (Finland) founded in 2010 by Veli Eloranta.. Nordic 247 Services offers products and services including Home Of Cool e-cooling units and Bizkit Retail. Nordic 247 Services operates in a competitive market with competitors including Promethean Power Systems, VeriSolutions, Wakati, BottleKeeper and Get Prepd, among others.
- Headquarter Espoo, Finland
- Founders Veli Eloranta
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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 Nordic 247 Services Oy
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
$1.26 M (USD), Grant
Apr 30, 2019
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Investors
European Union
& 1 more
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Employee Count
Employee Count
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Products & Services of Nordic 247 Services
Nordic 247 Services offers a comprehensive portfolio of products and services, including Home Of Cool e-cooling units and Bizkit Retail. 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.
Intelligent, energy-efficient units for beverage cooling and sustainability.
Software for real-time tracking of cooler unit sales and refill needs.
Funding Insights of Nordic 247 Services
- Total Funding Total Funding
- Total Rounds 5
- Last Round Grant — $1.3M
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First Round
First Round
(01 Feb 2016)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2019 | Amount | Grant - Nordic 247 Services | Valuation |
investors |
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| May, 2017 | Amount | Grant - Nordic 247 Services | Valuation |
investors |
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| Jan, 2017 | Amount | Grant - Nordic 247 Services | 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 Nordic 247 Services
Nordic 247 Services has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include European Union and EIC Fund. 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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Government agency and accelerator focusing on innovative startups and SMEs
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Founded Year | Domain | Location | |
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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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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 Nordic 247 Services
| 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 - Nordic 247 Services
| 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 |
Nordic 247 Services Comparisons
Competitors of Nordic 247 Services
Nordic 247 Services 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 Promethean Power Systems, VeriSolutions, Wakati, BottleKeeper and Get Prepd, 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 |
Manufactures and supplies cold storage and milk chilling equipment for dairy industry
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| domain | founded_year | HQ Location |
It functions as an iot-powered temperature monitoring solutions for food refrigeration devices.
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| domain | founded_year | HQ Location |
Solar Powered device for extending shelf life of farm produce
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| domain | founded_year | HQ Location |
Bottle covers are manufactured to insulate and protect beer bottles.
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| domain | founded_year | HQ Location |
Sells non-stick cast iron skillets, Dutch ovens, and innovative meal prep tools.
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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 Nordic 247 Services
When was Nordic 247 Services founded?
Nordic 247 Services was founded in 2010 and raised its 1st funding round 6 years after it was founded.
Where is Nordic 247 Services located?
Nordic 247 Services is headquartered in Espoo, Finland.
Who is the current CEO of Nordic 247 Services?
Veli Eloranta is the current CEO of Nordic 247 Services. They have also founded this company.
What does Nordic 247 Services do?
Nordic 247 Services was founded in 2010 and is based in Espoo, Finland. Solutions for beverage e-cooling units are provided to food businesses, with operations focused on collaboration with bottlers, brand owners, and manufacturers. The company operates within the food and beverage sector, emphasizing efficient cooling technologies for commercial applications. Services are tailored to support distribution and storage needs in the industry.
Who are the top competitors of Nordic 247 Services?
Nordic 247 Services's top competitors include Promethean Power Systems, BottleKeeper and Wakati.
What products or services does Nordic 247 Services offer?
Nordic 247 Services offers Home Of Cool e-cooling units and Bizkit Retail.
Who are Nordic 247 Services's investors?
Nordic 247 Services has 2 investors. Key investors include European Union, and EIC Fund.