About Oddlygood
Oddlygood is a company based in Helsinki (Finland) founded in 2018.. Oddlygood has raised $28.17 million across 1 funding round from investors including Mandatum Asset Management. The company has 3 employees as of September 30, 2024. Oddlygood has completed 2 acquisitions, including Planti and Rude Health. Oddlygood offers products and services including Plant-based Drinks, Gurts, Desserts, Cheese Alternatives, and Cooking and Baking Essentials. Oddlygood operates in a competitive market with competitors including Oatly, Avenatur and Kaslink Aito, among others.
- Headquarter Helsinki, Finland
- Employees 3 as on 30 Sep, 2024
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Sectors
Consumer
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$28.17 M (USD)
in 1 rounds
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Latest Funding Round
$28.17 M (USD), Private Equity Round
Dec 16, 2021
- Investors
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Employee Count
3
as on Sep 30, 2024
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Investments & Acquisitions
Planti
& 1 more
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Products & Services of Oddlygood
Oddlygood offers a comprehensive portfolio of products and services, including Plant-based Drinks, Gurts, Desserts, Cheese Alternatives, and Cooking and Baking Essentials. 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.
Non-dairy drinks made from plants for everyday enjoyment.
Plant-based yogurt options that are gluten-free and flavorful.
Plant-based dessert alternatives bursting with taste for all.
Non-dairy cheese options designed for versatile cooking needs.
Plant-based essentials for baking and cooking without gluten.
Funding Insights of Oddlygood
Oddlygood has successfully raised a total of $28.17M through 1 strategic funding round. The most recent funding activity was a Private Equity Round round of $28.17 million completed in December 2021. 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 Private Equity Round — $28.2M
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First Round
First Round
(16 Dec 2021)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2021 | Amount | Private Equity Round - Oddlygood | 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 Oddlygood
Oddlygood has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Mandatum Asset Management. 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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Asset management for institutional and professional investors focusing on credit, alternatives, and equity.
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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 Oddlygood
Oddlygood has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Planti and Rude Health. 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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Plant-based food products and recipes are offered by Planti.
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2014 | ||||
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Multi-category foods and beverages brand
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2006 |
| 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 - Oddlygood
| 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 |
Oddlygood Comparisons
Competitors of Oddlygood
Oddlygood 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 Oatly, Avenatur and Kaslink Aito, 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 |
Plant-based dairy alternatives from oats are provided by Oatly.
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| domain | founded_year | HQ Location |
Provider of Oat Based dairy substitute products. The product catalog includes oat milk, oat cooking cream, oat milk powder, oat milk chocolate, oat yogurt, and more. The company also offers flavored oat milk drinks in flavors like chocolate, matcha, blueberry, strawberry, etc
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| domain | founded_year | HQ Location |
Brand offering high-quality dairy-free milk products for health-conscious consumers.
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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 Oddlygood
Frequently Asked Questions about Oddlygood
When was Oddlygood founded?
Oddlygood was founded in 2018 and raised its 1st funding round 3 years after it was founded.
Where is Oddlygood located?
Oddlygood is headquartered in Helsinki, Finland.
Who is the current CEO of Oddlygood?
Niko Vuorenmaa is the current CEO of Oddlygood.
Is Oddlygood a funded company?
Oddlygood is a funded company, having raised a total of $28.17M across 1 funding round to date. The company's 1st funding round was a Private Equity Round of $28.17M, raised on Dec 16, 2021.
How many employees does Oddlygood have?
As of Sep 30, 2024, the latest employee count at Oddlygood is 3.
What does Oddlygood do?
Oddlygood was founded in 2018 and is based in Helsinki, Finland. Plant-based products are provided by the company within the vegan food sector, encompassing oat drinks, cheese shreds, yogurts, desserts, and cream. Operations focus on expanding this product lineup to meet demand in the alternative dairy market. Leadership includes CEO Niko Vuorenmaa and COO Reetta Tikanmäki, with activities centered on sustainable food innovation.
Who are the top competitors of Oddlygood?
Oddlygood's top competitors include Oatly, Avenatur and Kaslink Aito.
What products or services does Oddlygood offer?
Oddlygood offers Plant-based Drinks, Gurts, Desserts, Cheese Alternatives, and Cooking and Baking Essentials.
How many acquisitions has Oddlygood made?
Oddlygood has made 2 acquisitions, including Planti, and Rude Health.
Who are Oddlygood's investors?
Oddlygood has 1 investor. Key investors include Mandatum Asset Management.