About Spiceology
Spiceology is a company based in Spokane (United States) founded in 2013.. Spiceology has raised $21.92 million across 7 funding rounds from investors including Gerber Finance, Ty Bennett and Cowles Company. Spiceology operates in a competitive market with competitors including Burlap & Barrel, Lafza, POKS Spices, Occo and EnSpice, among others.
- Headquarter Spokane, United States
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Sectors
RetailAgriculture
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Spiceology, 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
$21.92 M (USD)
in 7 rounds
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Latest Funding Round
$4.87 M (USD), Series B
Aug 23, 2024
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Investors
Gerber Finance
& 3 more
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Employee Count
Employee Count
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Funding Insights of Spiceology
Spiceology has successfully raised a total of $21.92M across 7 strategic funding rounds. The most recent funding activity was a Series B round of $4.87 million completed in August 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 7
- Last Round Series B — $4.9M
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First Round
First Round
(28 Jul 2017)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2024 | Amount | Series B - Spiceology | Valuation |
investors |
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| Nov, 2022 | Amount | Series A - Spiceology | Valuation |
investors |
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| May, 2022 | Amount | Series A - Spiceology | 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 Spiceology
Spiceology has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include Gerber Finance, Ty Bennett and Cowles 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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Private debt investment firm focused on asset-based loans
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Founded Year | Domain | Location | |
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Cowles Company is engaged in investment and real estate management.
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Founded Year | Domain | Location | |
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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 Spiceology
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
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 - Spiceology
| 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 |
Spiceology Comparisons
Competitors of Spiceology
Spiceology 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 Burlap & Barrel, Lafza, POKS Spices, Occo and EnSpice, 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 are sourced from smallholder farmers and sold online.
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| domain | founded_year | HQ Location |
Vanilla products are sourced from Madagascar farmers and retailed online.
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| domain | founded_year | HQ Location |
Spices and seasonings are offered online by POKS Spices.
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| domain | founded_year | HQ Location |
Spices are distributed through an internet-first brand model.
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| domain | founded_year | HQ Location |
Multi-category seasonings and spices are provided online by EnSpice.
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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 Spiceology
Frequently Asked Questions about Spiceology
When was Spiceology founded?
Spiceology was founded in 2013 and raised its 1st funding round 4 years after it was founded.
Where is Spiceology located?
Spiceology is headquartered in Spokane, United States. It is registered at Spokane, Washington, United States.
Is Spiceology a funded company?
Spiceology is a funded company, having raised a total of $21.92M across 7 funding rounds to date. The company's 1st funding round was a Series A of $8.61M, raised on Jul 28, 2017.
What does Spiceology do?
Spiceology was founded in 2013 in Spokane, United States, as an internet-first brand within the spices sector. Ground spices, whole spices, BBQ rubs, spice blends, herbs, salts, fruit and vegetable powders, and additional items are included in the product range. Operations center on online sales and distribution to customers across the region.
Who are the top competitors of Spiceology?
Spiceology's top competitors include Burlap & Barrel, Lafza and EnSpice.
Who are Spiceology's investors?
Spiceology has 4 investors. Key investors include Gerber Finance, Ty Bennett, Cowles Company, and Kickstart Fund.