Paradise Fruit Company

Plant City, United States Founded: 1961 • Age: 65 yrs Acquired By Seneca Foods
Candied fruit products are manufactured and sold by the company.
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About Paradise Fruit Company

Paradise Fruit Company is a company based in Plant City (United States) founded in 1961 was acquired by Seneca Foods in April 2019. It operates as a Direct-to-Consumer (D2C), and Reseller / Distribution. Paradise Fruit Company offers products and services including Candied Cherries, Candied Pineapple, and Candied Citrus Peels. Paradise Fruit Company operates in a competitive market with competitors including Sakara Life, Sahale Snacks, Skinny Dipped, BareSnacks and Barnana, among others.

  • Headquarter Plant City, United States
  • Sectors
    Consumer
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Paradise, Inc.
Operational Areas
Consumer → Food, Beverage & Nutrition
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    Seneca Foods

    (Apr 16, 2019)

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Products & Services of Paradise Fruit Company

Paradise Fruit Company offers a comprehensive portfolio of products and services, including Candied Cherries, Candied Pineapple, and Candied Citrus Peels. 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

Candied cherries are offered in various fruit recipes.

Candied pineapple is provided for baking and recipes.

Candied citrus peels are sold for dessert preparations.

Funding Insights of Paradise Fruit Company

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 Paradise Fruit Company

Paradise Fruit Company has secured backing from 1 investor. Prominent investors backing the company include Seneca Foods. 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
Investor Description Founded Year Domain Location
Canned fruits and vegetables are produced through vertical integration.
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 Paradise Fruit Company

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 - Paradise Fruit Company

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

Paradise Fruit Company Comparisons

Employees
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Competitors of Paradise Fruit Company

Paradise Fruit Company 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 Sakara Life, Sahale Snacks, Skinny Dipped, BareSnacks and Barnana, 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 ready-to-eat meals are delivered online by Sakara Life.
domain founded_year HQ Location
Snacks manufacturer
domain founded_year HQ Location
Dried fruit snacks are produced and distributed by Skinny Dipped.
domain founded_year HQ Location
Healthy fruit baked snacks are manufactured and branded by BareSnacks.
domain founded_year HQ Location
Organic banana snacks are manufactured and marketed by Barnana.
domain founded_year HQ Location
Multi-category almond dairy products are manufactured by Blue Diamond.
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 Paradise Fruit Company

Paradise to divest its fruit business
Seekingalpha6 years ago

Frequently Asked Questions about Paradise Fruit Company

When was Paradise Fruit Company founded?

Paradise Fruit Company was founded in 1961.

Where is Paradise Fruit Company located?

Paradise Fruit Company is headquartered in Plant City, United States. It is registered at Plant City, Florida, United States.

What does Paradise Fruit Company do?

Candied fruit products, including cherries, pineapple, and citrus peels, are produced and distributed by the company. Operations focus on the food and beverage sector, specifically in confectionery. Solutions are provided for baking and recipe creation, with products available through online stores and nationwide grocery chains. The company has been active since 1961, catering to both individual consumers and recipe enthusiasts.

Who are the top competitors of Paradise Fruit Company?

Paradise Fruit Company's top competitors include Sakara Life, Blue Diamond and Sahale Snacks.

What products or services does Paradise Fruit Company offer?

Paradise Fruit Company offers Candied Cherries, Candied Pineapple, and Candied Citrus Peels.

Who are Paradise Fruit Company's investors?

Paradise Fruit Company has 1 investor. Key investors include Seneca Foods.

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