About Sour Strips
Sour Strips is a company based in Stafford (United States) founded in 2019 was acquired by The Hershey Company in November 2024.. Sour Strips operates in a competitive market with competitors including Candy Club, Modern Pop, Final Boss Sour, Japan Crate and Dallas Caramel, among others.
- Headquarter Stafford, United States
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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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Latest Funding Round
- Investors
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Employee Count
Employee Count
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Acquired by
The Hershey Company
(Nov 11, 2024)
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Funding Insights of Sour Strips
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 Sour Strips
Sour Strips has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include The Hershey Company. 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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Confectionery products including chocolates and snacks are manufactured and distributed.
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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 Sour Strips
| 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 - Sour Strips
| 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 |
Sour Strips Comparisons
Competitors of Sour Strips
Sour Strips 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 Candy Club, Modern Pop, Final Boss Sour, Japan Crate and Dallas Caramel, 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 |
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| domain | founded_year | HQ Location |
Monthly subscriptions of candy products are provided by Candy Club.
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| domain | founded_year | HQ Location |
Fruit-based nutrition bars are produced and marketed.
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| domain | founded_year | HQ Location |
All-natural sour candies using real fruit are manufactured.
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| domain | founded_year | HQ Location |
Subscription boxes of Japanese candies, gums, and novelties are provided.
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| domain | founded_year | HQ Location |
Sells premium caramel candies, goodies, and gift boxes online for consumers.
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| domain | founded_year | HQ Location |
Internet first brand of energy gum
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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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Frequently Asked Questions about Sour Strips
When was Sour Strips founded?
Sour Strips was founded in 2019.
Where is Sour Strips located?
Sour Strips is headquartered in Stafford, United States. It is registered at Stafford, Virginia, United States.
What does Sour Strips do?
Sour Strips was founded in 2019 and is based in Stafford, United States. The brand operates in the confectionery sector, where sour candies are developed with flavors derived from real fruit. Products are designed to combine initial flavor bursts with subsequent sour sensations. A variety of flavors is maintained to serve diverse consumer preferences in the candy market.
Who are the top competitors of Sour Strips?
Sour Strips's top competitors include Candy Club, Final Boss Sour and Japan Crate.
Who are Sour Strips's investors?
Sour Strips has 1 investor. Key investors include The Hershey Company.
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