About Spice World
Spice World is a company based in Orlando (United States) founded in 1949 was acquired by Palladium Equity Partners in July 2018.. Spice World has raised $1.75 million across 1 funding round from investors including Palladium Equity Partners. Spice World offers products and services including Easy Onion, Garlic, Ginger, and Seasoning Blends. Spice World operates in a competitive market with competitors including McCormick, Olde Thompson, Omsom, Morton Salt and US Salt, among others.
- Headquarter Orlando, United States
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Sectors
Consumer
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Spice World, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$1.75 M (USD)
in 1 rounds
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Latest Funding Round
$1.75 M (USD), Unspecified
Jul 03, 2024
- Investors
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Employee Count
Employee Count
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Acquired by
Palladium Equity Partners
(Jul 10, 2018)
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Products & Services of Spice World
Spice World offers a comprehensive portfolio of products and services, including Easy Onion, Garlic, Ginger, and Seasoning Blends. 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.
Squeezable minced onion for quick and easy cooking.
Peeled and ready-to-use garlic for flavor enhancement.
Squeezable ginger for convenient recipe additions.
Pre-mixed blends for adding bold flavors to dishes.
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Funding Insights of Spice World
Spice World has successfully raised a total of $1.75M through 1 strategic funding round. The most recent funding activity was a Unspecified round of $1.75 million completed in July 2024. 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 1
- Last Round Unspecified — $1.7M
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First Round
First Round
(03 Jul 2024)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2024 | Amount | Unspecified - Spice World | Valuation |
investors |
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| 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 Spice World
Spice World has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Palladium Equity Partners. 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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Palladium Equity Partners is focused on investing in U.S. middle-market companies.
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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 Spice World
| 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 - Spice World
| 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 |
Spice World Comparisons
Competitors of Spice World
Spice World 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 McCormick, Olde Thompson, Omsom, Morton Salt and US Salt, 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 |
Spices and seasonings are produced and branded by McCormick.
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| domain | founded_year | HQ Location |
Spices and seasonings are produced and distributed by Olde Thompson.
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| domain | founded_year | HQ Location |
Brand of spices & seasoning
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| domain | founded_year | HQ Location |
Salt is produced for consumer, industrial, and agricultural applications.
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| domain | founded_year | HQ Location |
Manufacturer & brand of salt
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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 Spice World
Frequently Asked Questions about Spice World
When was Spice World founded?
Spice World was founded in 1949 and raised its 1st funding round 75 years after it was founded.
Where is Spice World located?
Spice World is headquartered in Orlando, United States. It is registered at Orlando, Florida, United States.
Is Spice World a funded company?
Spice World is a funded company, having raised a total of $1.75M across 1 funding round to date. The company's 1st funding round was a Unspecified of $1.75M, raised on Jul 03, 2024.
What does Spice World do?
Spice World was established in 1949 in Orlando, United States, within the food industry sector. Spices and seasonings are produced and supplied by the company to retail and wholesale markets. Operations are centered on sourcing, processing, and packaging ingredients for consumer use. Distribution occurs primarily across the United States, with products available through grocery chains and online platforms. The domain spiceworldinc.com is utilized for company information and sales.
Who are the top competitors of Spice World?
Spice World's top competitors include McCormick, Morton Salt and MicroSalt.
What products or services does Spice World offer?
Spice World offers Easy Onion, Garlic, Ginger, and Seasoning Blends.
Who are Spice World's investors?
Spice World has 1 investor. Key investors include Palladium Equity Partners.
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