About RePack
RePack is a company based in Helsinki (Finland) founded in 2011 by Petri Piirainen was acquired by oceansix in May 2024.. RePack offers products and services including Reusable Packaging, Digital Platform, and Consultation Services. RePack operates in a competitive market with competitors including Hipli, Returnity, LimeLoop, Boomerang and hey circle, among others.
- Headquarter Helsinki, Finland
- Founders Petri Piirainen
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Sectors
Industrial Goods & Manufacturing
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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
$692.98 K (USD)29as on Dec 31, 2022
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Net Profit
$82.74 K (USD)0as on Dec 31, 2022
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EBITDA
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Latest Funding Round
$1.99 M (USD), Grant
Nov 01, 2019
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Investors
European Union
& 1 more
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Employee Count
Employee Count
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Acquired by
oceansix
(May 15, 2024)
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Products & Services of RePack
RePack offers a comprehensive portfolio of products and services, including Reusable Packaging, Digital Platform, and Consultation Services. 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.
Offers durable, reusable options for e-commerce deliveries
Enhances user experience for reusable packaging returns
Provides customized advice on circular packaging solutions
Funding Insights of RePack
- Total Funding Total Funding
- Total Rounds 1
- Last Round Grant — $2.0M
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First Round
First Round
(01 Nov 2019)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2019 | Amount | Grant - RePack | 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 RePack
RePack has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include European Union and oceansix. 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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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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Founded Year | Domain | Location | |
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Sustainable packaging products are developed from plastic waste.
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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 RePack
| 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 - RePack
| 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 |
Repack Comparisons
Competitors of RePack
RePack 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 Hipli, Returnity, LimeLoop, Boomerang and hey circle, 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 |
Platform offering reusable packaging products for businesses
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| domain | founded_year | HQ Location |
Reusable packaging for ecommerce is manufactured via contract services.
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| domain | founded_year | HQ Location |
Trackable reusable shippers are offered for e-commerce deliveries.
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| domain | founded_year | HQ Location |
Reusable packaging solutions are provided for e-commerce operations.
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| domain | founded_year | HQ Location |
Reusable packaging and software for e-commerce shipping are provided.
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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 Repack
Frequently Asked Questions about RePack
When was RePack founded?
RePack was founded in 2011 and raised its 1st funding round 8 years after it was founded.
Where is RePack located?
RePack is headquartered in Helsinki, Finland.
What is the annual revenue of RePack?
Annual revenue of RePack is $692.98K as on Dec 31, 2022.
What does RePack do?
RePack was founded in 2011 in Helsinki, Finland, and focuses on the sustainable packaging sector for e-commerce. Reusable and returnable packaging is offered through a Reuse as a Service model, where items are collected and returned to the source for redistribution. Operations emphasize circular economy principles, supporting online retailers in reducing waste across European markets. The company is co-founded by Petri Piirainen.
Who are the top competitors of RePack?
What products or services does RePack offer?
RePack offers Reusable Packaging, Digital Platform, and Consultation Services.
Who are RePack's investors?
RePack has 2 investors. Key investors include European Union, and oceansix.