About Organic Basics
Organic Basics is a company based in Copenhagen (Denmark) founded in 2015 was acquired by DELTA GALIL in July 2022.. Organic Basics has raised $2.91 million across 4 funding rounds from investors including DELTA GALIL, Danmarks Eksport- og Investeringsfond and Bumble Ventures.
- Headquarter Copenhagen, Denmark
- Stage Minicorn
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Sectors
Retail
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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
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Net Profit
$188.97 K (USD)156as on Dec 31, 2020
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EBITDA
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Total Equity Funding
$2.91 M (USD)
in 4 rounds
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Latest Funding Round
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Investors
DELTA GALIL
& 4 more
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Employee Count
Employee Count
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Acquired by
DELTA GALIL
(Jul 26, 2022)
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Funding Insights of Organic Basics
Organic Basics has successfully raised a total of $2.91M across 4 strategic funding rounds. 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 4
- Last Round Last Round
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First Round
First Round
(27 Jun 2017)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2021 | Amount | Seed - Organic Basics | Valuation |
investors |
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| Mar, 2021 | Amount | Seed - Organic Basics | Valuation |
investors |
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| Sep, 2017 | Amount | Seed - Organic Basics | Valuation | Vaekstfonden |
|
| 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 Organic Basics
Organic Basics has secured backing from 5 investors, including venture fund and angel investors. Prominent investors backing the company include DELTA GALIL, Danmarks Eksport- og Investeringsfond and Bumble Ventures. 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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Provision of financing, loans, equity, and insurance for Danish export and investment activities.
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Founded Year | Domain | Location | |
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Venture capital firm focused on multiple sectors
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Founded Year | Domain | Location | |
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Early & growth stage VC firm investing in the US & France
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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 Organic Basics
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Organic Basics
| 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 |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Organic Basics Comparisons
Competitors of Organic Basics
| 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 Organic Basics
Frequently Asked Questions about Organic Basics
When was Organic Basics founded?
Organic Basics was founded in 2015 and raised its 1st funding round 2 years after it was founded.
Where is Organic Basics located?
Organic Basics is headquartered in Copenhagen, Denmark.
Is Organic Basics a funded company?
Organic Basics is a funded company, having raised a total of $2.91M across 4 funding rounds to date.
What does Organic Basics do?
Organic Basics was founded in 2015 in Copenhagen, Denmark, as an internet-first brand in the apparel sector. Innerwear products such as bras, panties, leggings, and bottoms are produced using organic cotton blended with silver yarn and elastane for anti-bacterial properties. A subscription service allows customization of packages, and delivery is provided to worldwide locations.
Who are Organic Basics's investors?
Organic Basics has 5 investors. Key investors include DELTA GALIL, Danmarks Eksport- og Investeringsfond, Bumble Ventures, Nordic Eye, and Johan Uggla.
What is Organic Basics's valuation?
The valuation of Organic Basics is $12M as of Nov 2021.
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