Prolgae

Karur, India Founded: 2017 • Age: 9 yrs
Organic spirulina nibs are branded and offered by Prolgae.
Annual revenue $28,441 Latest available
Total funding $386,746 3 rounds
Employees - Tracked headcount
Investors 4 Known backers
Products 5 Services tracked
Competitors 8 Brand Intelligence

About Prolgae

Prolgae is a company based in Karur (India) founded in 2017 by Aakas Sadasivam. Prolgae has raised $386.75 thousand across 3 funding rounds from investors including Vijayan Subramanian, Nexenture and Nexenture. Prolgae offers products and services including Spirulina Protein Bars, Sweet Spirulina Powder, Super Spirulina Combo, Organic Spirulina Nibs/Flakes, and Organic Spirulina Powder. Prolgae operates in a competitive market with competitors including Superfoods Valley, The Divine Foods, Oraah, Prahna Superfoods and The Good Food Company, among others.

  • Headquarter Karur, India
  • Founders Aakas Sadasivam
  • Sectors
    Consumer
  • Phone
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  • Website
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  • Social
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  • Legal Name Prolgae Spirulina Supplies Private Limited
  • Date of Incorporation 12 Jan, 2017
  • Jurisdiction Coimbatore, Tamil Nadu, India
Operational Areas
Consumer → Food, Beverage & Nutrition Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $28.44 K (USD)
    0.73
    as on Mar 31, 2021
  • Net Profit
    -$41.93 K (USD)
    9.89
    as on Mar 31, 2021
  • EBITDA
    -$30.5 K (USD)
    1.1
    as on Mar 31, 2021
  • Total Equity Funding
    $386.75 K (USD)

    in 3 rounds

  • Latest Funding Round
    $200 K (USD), Seed

    Mar 30, 2021

  • Investors
    Nexenture

    & 3 more

  • Employee Count
    Not available
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Products & Services of Prolgae

Prolgae offers a comprehensive portfolio of products and services, including Spirulina Protein Bars, Sweet Spirulina Powder, Super Spirulina Combo, Organic Spirulina Nibs/Flakes, and Organic Spirulina Powder.

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Primary

Nutrient-dense bars boosting protein, immunity, and energy levels.

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Protein powder for mixing with drinks to enhance daily energy and antioxidants.

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Combination of bars and powder for comprehensive nutritional support.

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Sprinkle-on additives rich in nutrients for salads and smoothies.

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Versatile powder blending into foods for immunity and vitamin boost.

Funding Insights of Prolgae

Prolgae has successfully raised a total of $386.75K across 3 strategic funding rounds. The most recent funding activity was a Seed round of $200 thousand completed in March 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.

Investors in Prolgae

Prolgae has secured backing from 4 investors, including angel and institutional investors. Prominent investors backing the company include Vijayan Subramanian, Nexenture and Nexenture.

All
Institutional
Angel
Investor Description Founded Year Domain Location
Digital agency offering web application development, local SEO, PPC management, content management, social media marketing, and digital marketing services
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Vijayan Subramanian

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Mika Rautio

Finnish entrepreneur and angel investor in Indian startups, focusing on tech and innovation.
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Investor details for Prolgae

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Investments & Acquisitions by Prolgae

Investments
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Investment portfolio details for Prolgae

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Financial Statements - Prolgae

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Detailed financials for Prolgae

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Prolgae Comparisons

Prolgae Primary company
Description
Organic spirulina nibs are branded and offered by Prolgae.
Location
Karur, India
Founded Year
2017
Annual Revenue
$28.44 K (USD)
Net Profit
-$41.93 K (USD)
EBITDA
-$30.5 K (USD)
Employees
Not available
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Peer comparison for Prolgae

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Competitors of Prolgae

Prolgae 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 Superfoods Valley, The Divine Foods, Oraah, Prahna Superfoods and The Good Food Company, among others.

Company Name Domain Founded year HQ Location Description
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Developer of plant-based superfood products
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Functional foods and superfoods are supplied for health conditions.
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Offers herbal teas, beauty masks, and hygiene products for consumer health needs.
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Operates a direct-to-consumer brand specializing in nutrient-rich superfoods.
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Specializes in superfoods like spirulina, barleygrass, wheatgrass, and moringa.
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Detailed competitors of Prolgae

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Latest news on Prolgae

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Complete news archive for Prolgae

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Frequently Asked Questions about Prolgae

Prolgae was founded in 2017.

Prolgae is headquartered in Karur, India. It is registered at Karur, Tamil Nadu, India.

Aakas Sadasivam is the current CEO of Prolgae. They have also founded this company.

Prolgae is a funded company, having raised a total of $386.75K across 3 funding rounds to date.

Annual revenue of Prolgae is $28.44K as on Mar 31, 2021.

Prolgae was established in 2017 in Karur, India, by Aakas Sadasivam, who serves as founder and CEO. The company operates in the organic food sector, with a focus on spirulina nibs derived from natural sources. Production and branding activities are centered in India, targeting health-conscious consumers through its domain prolgae.com. Core operations emphasize sustainable sourcing and distribution of these nutrient-dense products.

Prolgae's top competitors include Superfoods Valley, The Divine Foods and Oraah.

Prolgae offers Spirulina Protein Bars, Sweet Spirulina Powder, Super Spirulina Combo, Organic Spirulina Nibs/Flakes, and Organic Spirulina Powder.

Prolgae has 4 investors. Key investors include Vijayan Subramanian, Nexenture, Nexenture, and Mika Rautio.

The valuation of Prolgae is $435.06K as of Mar 2021.

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