About Spiritrade
Spiritrade is a company based in London (United Kingdom) founded in 2018 by Jimmy Metta.. Spiritrade has raised $2 million across 2 funding rounds. The company has 10 employees as of March 31, 2022. Spiritrade operates in a competitive market with competitors including BrewBroker, Emporia Brands, Funky Beers, Ooberstock and VinoX, among others.
- Headquarter London, United Kingdom
- Employees 10 as on 31 Mar, 2022
- Founders Jimmy Metta
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Sectors
Retail
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Spiritrade Limited
- Date of Incorporation 16 Aug, 2017
- Jurisdiction LONDON, UNITED KINGDOM
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$2 M (USD)
in 2 rounds
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Latest Funding Round
$2 M (USD), Series A
Sep 27, 2022
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Investors
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Employee Count
10
as on Mar 31, 2022
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Sales and Marketing
2 people
Head Team
1 people
Leadership Team
1 people
Accountant Team
1 people
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Funding Insights of Spiritrade
Spiritrade has successfully raised a total of $2M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $2 million completed in September 2022. 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 2
- Last Round Series A — $2.0M
- First Round First Round
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2022 | Amount | Series A - Spiritrade | Valuation |
investors |
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| Jan, 2020 | Amount | Seed - Spiritrade | 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 |
Investments & Acquisitions by Spiritrade
| 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 - Spiritrade
| 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 |
Spiritrade Comparisons
Competitors of Spiritrade
Spiritrade 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 BrewBroker, Emporia Brands, Funky Beers, Ooberstock and VinoX, 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 |
Brewing industry services are traded via an online marketplace.
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| domain | founded_year | HQ Location |
Imports and distributes premium spirits, offering business support across the UK market.
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| domain | founded_year | HQ Location |
Beverages are distributed electronically to enterprises in the alcohol sector.
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| domain | founded_year | HQ Location |
Distributes consumer-loved drinks brands via UK independent retail channels.
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| domain | founded_year | HQ Location |
Blockchain platform for buying, selling, trading, and investing in fine wines globally.
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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 Spiritrade
Frequently Asked Questions about Spiritrade
When was Spiritrade founded?
Spiritrade was founded in 2018 and raised its 1st funding round 2 years after it was founded.
Where is Spiritrade located?
Spiritrade is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Who is the current CEO of Spiritrade?
Jimmy Metta is the current CEO of Spiritrade. They have also founded this company.
Is Spiritrade a funded company?
Spiritrade is a funded company, having raised a total of $2M across 2 funding rounds to date.
How many employees does Spiritrade have?
As of Mar 31, 2022, the latest employee count at Spiritrade is 10.
What does Spiritrade do?
Spiritrade was founded in 2018 in London, United Kingdom, as an online B2B platform in the beverage sector. A catalog of products including beer, wine, champagne, and non-alcoholic drinks is maintained. User identities are protected across all transactions, while inventory management is handled to support wholesale operations. The platform connects buyers and sellers in the beverage trade internationally.
Who are the top competitors of Spiritrade?
Spiritrade's top competitors include BrewBroker, Funky Beers and Emporia Brands.