Nordic Power

Sandnes, Norway Founded: 2012 • Age: 14 yrs Acquired By Standard Life Aberdeen
Fitness accessories and nutritional supplements are retailed online.
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About Nordic Power

Nordic Power is a company based in Sandnes (Norway) founded in 2012 was acquired by Standard Life Aberdeen in June 2015.. Nordic Power offers products and services including Testo Booster, Pure Vegan Protein, CreaBomb, and BCAA. Nordic Power operates in a competitive market with competitors including Bodybuilding.com, Bright LifeCare, Truemed, Cultsport and MyFab, among others.

  • Headquarter Sandnes, Norway
  • Sectors
    Healthcare
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Nordic Power As
Operational Areas
Healthcare → Health Technology & Digital Health
Key Metrics
  • Annual Revenue
    $2.63 M (USD)
    -34
    as on Dec 31, 2022
  • Net Profit
    $-1.12 M (USD)
    66
    as on Dec 31, 2022
  • EBITDA
    $-2.19 M (USD)
    70
    as on Dec 31, 2022
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Acquired by
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Products & Services of Nordic Power

Nordic Power offers a comprehensive portfolio of products and services, including Testo Booster, Pure Vegan Protein, CreaBomb, and BCAA. 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.

Primary

Boosts testosterone for fitness and performance enhancement

Plant-based protein option for vegan dietary needs

Creatine product to support muscle building and energy

Essential amino acids for recovery and muscle maintenance

Funding Insights of Nordic Power

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Nordic Power

Nordic Power has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Aberdeen Standard. 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.

All
Institutional
Investor Description Founded Year Domain Location
Diversified investment management services are provided globally.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Nordic Power

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Nordic Power

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Nordic Power Comparisons

Employees
+
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Competitors of Nordic Power

Nordic Power 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 Bodybuilding.com, Bright LifeCare, Truemed, Cultsport and MyFab, 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
eCommerce platform for fitness supplements and sports gear is operated.
domain founded_year HQ Location
Nutritional supplements and wellness products are manufactured and sold.
domain founded_year HQ Location
Healthcare payment provider for the purchase of fitness products
domain founded_year HQ Location
Online platform selling sportswear, fitness equipment, and accessories for workouts.
domain founded_year HQ Location
High-end furniture is sourced from China and retailed online cross-border.
domain founded_year HQ Location
Online platform offering fitness equipment and accessories
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Nordic Power

Frequently Asked Questions about Nordic Power

When was Nordic Power founded?

Nordic Power was founded in 2012.

Where is Nordic Power located?

Nordic Power is headquartered in Sandnes, Norway. It is registered at Sandnes, Rogaland, Norway.

What is the annual revenue of Nordic Power?

Annual revenue of Nordic Power is $2.63M as on Dec 31, 2022.

What does Nordic Power do?

Nordic Power was established in 2012 in Sandnes, Norway, as an online retailer in the fitness sector. Nutritional supplements, fitness apparel, and related products are provided through its e-commerce platform. Operations focus on direct-to-consumer sales within the health and wellness industry, with the domain nordicpower.no serving as the primary access point for the catalog.

Who are the top competitors of Nordic Power?

Nordic Power's top competitors include Truemed, WiseLife and Bodybuilding.com.

What products or services does Nordic Power offer?

Nordic Power offers Testo Booster, Pure Vegan Protein, CreaBomb, and BCAA.

Who are Nordic Power's investors?

Nordic Power has 1 investor. Key investors include Aberdeen Standard.

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