About Northfork
Northfork is a company based in Stockholm (Sweden) founded in 2017.. Northfork has raised $1.14 million across 1 funding round from investors including J12. Northfork offers products and services including Shoppable Recipes Technology, Lightweight Widgets, and APIs. Northfork operates in a competitive market with competitors including Zenput, Bluecore, Silo, Dmall and Yodle, among others.
- Headquarter Stockholm, Sweden
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Sectors
RetailTechnology
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Phone
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Website
*********
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Social
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- Legal Name Northfork Ab
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$1.14 M (USD)
in 1 rounds
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Latest Funding Round
$1.14 M (USD), Seed
Aug 25, 2020
- Investors
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Employee Count
Employee Count
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Products & Services of Northfork
Northfork offers a comprehensive portfolio of products and services, including Shoppable Recipes Technology, Lightweight Widgets, and APIs. 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.
Enables revenue from food content via integration tools.
Provides fast integration for grocery shopping experiences.
Facilitates platform connections for transactional features.
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Funding Insights of Northfork
Northfork has successfully raised a total of $1.14M through 1 strategic funding round. The most recent funding activity was a Seed round of $1.14 million completed in August 2020. 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 1
- Last Round Seed — $1.1M
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First Round
First Round
(25 Aug 2020)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Aug, 2020 | Amount | Seed - Northfork | Valuation | J12 |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 Northfork
Northfork has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include J12. 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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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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Startup ecosystems are ignited through strategic investments by Signite Partners.
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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 Northfork
| 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 - Northfork
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Northfork Comparisons
Competitors of Northfork
Northfork 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 Zenput, Bluecore, Silo, Dmall and Yodle, 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 |
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| domain | founded_year | HQ Location |
Zenput is utilized as an operations execution platform for multi-unit operators.
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| domain | founded_year | HQ Location |
Automated personalized trigger-based emails are delivered for e-commerce behavior.
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| domain | founded_year | HQ Location |
Software suite solutions are provided for food distributor businesses.
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| domain | founded_year | HQ Location |
Cloud-based software suites are provided for retail businesses.
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| domain | founded_year | HQ Location |
Online marketing service provider to local businesses
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| domain | founded_year | HQ Location |
Software solutions for online grocery fulfillment and operations are provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Northfork
Frequently Asked Questions about Northfork
When was Northfork founded?
Northfork was founded in 2017 and raised its 1st funding round 3 years after it was founded.
Where is Northfork located?
Northfork is headquartered in Stockholm, Sweden.
Is Northfork a funded company?
Northfork is a funded company, having raised a total of $1.14M across 1 funding round to date. The company's 1st funding round was a Seed of $1.14M, raised on Aug 25, 2020.
What does Northfork do?
Northfork was founded in 2017 in Stockholm, Sweden, and operates in the grocery retail technology sector. A cloud-based AI solution is offered to online grocery retailers, enabling customers to create shopping lists derived from recipes. Multiple recipes can be combined by users, with ingredients automatically added to their shopping carts. This service supports efficient meal planning and purchasing processes for end users.
Who are the top competitors of Northfork?
Northfork's top competitors include Bluecore, SPS Commerce and Dmall.
What products or services does Northfork offer?
Northfork offers Shoppable Recipes Technology, Lightweight Widgets, and APIs.
Who are Northfork's investors?
Northfork has 1 investor. Key investors include J12.
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