SweetSpot

Gentofte, Denmark Founded: 1991 • Age: 35 yrs
Multi-category grocery products are distributed online to institutions and retailers.
Annual revenue - Latest available
Total funding $454,032 2 rounds
Employees 11 Tracked headcount
Investors - Known backers
Products 1 Services tracked
Competitors 8 Brand Intelligence

About SweetSpot

SweetSpot is a company based in Gentofte (Denmark) founded in 1991. It operates as a Reseller / Distribution and Subscription Services. SweetSpot has raised $454.03 thousand across 2 funding rounds. The company has 11 employees as of November 30, 2024. SweetSpot offers products and services including Impulse Goods Solution. SweetSpot operates in a competitive market with competitors including Tridge, Consentio, Jydsk Planteservice, FreshLand and BlueLobster, among others.

  • Headquarter Gentofte, Denmark
  • Employees 11 as on 30 Nov, 2024
  • Stage Minicorn
  • Sectors
    Retail
    Agriculture
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Sweetspot A/S
Operational Areas
Retail → E-Commerce Platforms & Marketplaces Unlock Sub-Sector Unlock Segment
Agriculture → Agricultural Technology & Innovation Unlock Sub-Sector Unlock Segment
Retail → E-Commerce Platforms & Marketplaces Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    -$445.48 K (USD)
    -318
    as on Dec 31, 2022
  • EBITDA
    -$569.94 K (USD)
    -346
    as on Dec 31, 2022
  • Total Equity Funding
    $454.03 K (USD)

    in 2 rounds

  • Latest Funding Round
    $385.5 K (USD), Unspecified

    Apr 07, 2022

  • Investors
    Not available
  • Employee Count
    11

    as on Nov 30, 2024

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Products & Services of SweetSpot

SweetSpot offers a comprehensive portfolio of products and services, including Impulse Goods Solution.

Product name locked
Category locked
Primary

Impulse goods are provided for retail business enhancement.

Funding Insights of SweetSpot

SweetSpot has successfully raised a total of $454.03K across 2 strategic funding rounds. The most recent funding activity was a Unspecified round of $385.5 thousand completed in April 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.

Investments & Acquisitions by SweetSpot

Investments
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Investment portfolio details for SweetSpot

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Financial Statements - SweetSpot

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Sweetspot Comparisons

SweetSpot Primary company
Description
Multi-category grocery products are distributed online to in...
Location
Gentofte, Denmark
Founded Year
1991
Annual Revenue
Not available
Net Profit
-$445.48 K (USD)
EBITDA
-$569.94 K (USD)
Employees
11
As of 2024
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Peer comparison for SweetSpot

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Competitors of SweetSpot

SweetSpot 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 Tridge, Consentio, Jydsk Planteservice, FreshLand and BlueLobster, among others.

Company Name Domain Founded year HQ Location Description
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Farm products are traded via an online B2B marketplace.
Locked Locked Locked
App-based B2B marketplace for fruits and vegetables is operated.
Locked Locked Locked
Indoor plants and installations are retailed online by the company.
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Farmers and retailers are linked via an online B2B marketplace.
Locked Locked Locked
Seafood is distributed directly from fishermen to restaurants using technology.
Locked Locked Locked
Delivers comprehensive retail store aggregation solutions for businesses.
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Detailed competitors of SweetSpot

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Latest news on Sweetspot

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Frequently Asked Questions about SweetSpot

SweetSpot was founded in 1991 and raised its 1st funding round 28 years after it was founded.

SweetSpot is headquartered in Gentofte, Denmark.

Nicolai Lund is the current CEO of SweetSpot.

SweetSpot is a funded company, having raised a total of $454.03K across 2 funding rounds to date.

As of Nov 30, 2024, the latest employee count at SweetSpot is 11.

Impulse goods solutions are offered by SweetSpot to businesses across Norden. Various retail sectors including electronics, toys, construction markets, sports halls, and amusement parks are served. Handling, delivery, and planning of impulse products like confectionery and beverages are managed to optimize customer preferences and increase sales. Support is provided to both independent stores and larger chains since 2016, with subscription solutions and promotional campaigns being facilitated to enhance business growth and customer retention.

SweetSpot's top competitors include Tridge, Jydsk Planteservice and BlueLobster.

SweetSpot offers Impulse Goods Solution.

The valuation of SweetSpot is $2.57M as of Apr 2022.

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