SweetSpot

Gentofte, Denmark Founded: 1991 • Age: 35 yrs Minicorn
Multi-category grocery products are distributed online to institutions and retailers.

About SweetSpot

SweetSpot is a Retail company based in Gentofte (Denmark) founded in 1991. Multi-category grocery products are distributed online to institutions and retailers. It operates on a Reseller / Distribution and Subscription Services model in Retail and Agriculture sectors. The company has 11 employees. SweetSpot was last valued at $2.57 million in April 2022. Its chief executive, as recorded, is Nicolai Lund. SweetSpot offers products and services including Impulse Goods Solution. Its focus areas include Consumer Goods and Impulse Products. Its legal entity is Sweetspot A/S. Its competitors include Jydsk Planteservice, FreshLand and BlueLobster; 1 of its 3 listed competitors has raised funding.

Company details

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.

  • Headquarters Gentofte, Denmark
  • Employees 11
  • Stage Minicorn
  • Sectors
    Retail
    Agriculture
  • Email
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  • Phone
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  • Website sweetspot.me
  • Social LinkedIn Facebook
  • Legal Name Sweetspot A/S
Key Metrics
  • Net Profit
    -$445.48 K (USD)
    -318
    as on Dec 31, 2022
  • EBITDA
    -$569.94 K (USD)
    -346
    as on Dec 31, 2022
  • Latest Funding Round
    $385.5K (USD), Unspecified

    Apr 2022

  • Employee Count
    11

Products & Services of SweetSpot

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

Impulse Goods Solution
Retail Solutions

Impulse goods are provided for retail business enhancement.

Funding Insights of SweetSpot

  • Total Rounds 2
  • Last Round Unspecified β€” $385,498
  • First Round $68,534

    (Feb 2019)

All 2 funding rounds of SweetSpot with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Apr 2022$385,498Unspecified$2.57M–
–
Feb 2019$68,534Unspecified$342,322–
–
Valuation history
DateValuationStage
Apr 2022$2.57Mβ€’β€’β€’β€’β€’β€’β€’β€’

Last known valuation $2.57M (Apr 2022).

People of SweetSpot

1 people are tracked at SweetSpot (1 in leadership); the tracked headcount is 11.

NameRoleGroup
Nicolai Lund
CEOLeadership
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  • Team structure
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Timeline of SweetSpot

4 dated milestones of SweetSpot across 31 years, from founding to its latest funding, stage changes and deals.

  1. Founded SweetSpot is founded.
  2. Funding First funding round of $69K.
  3. Funding Latest funding round, Unspecified, of $385K.
  4. Milestone Reaches Minicorn status.

Competitors of SweetSpot

SweetSpot has 3 listed competitors in our database, 1 of them funded. They include Jydsk Planteservice, FreshLand and BlueLobster.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
jydsk-planteservice.dk1992Kolding, Denmark300
Indoor plants and installations are retailed online by the company.
fresh.land2015Copenhagen, Denmark2
Farmers and retailers are linked via an online B2B marketplace.
bluelobster.app2018Copenhagen, Denmark$369,6501
Seafood is distributed directly from fishermen to restaurants using technology.
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Detailed competitors of SweetSpot

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  • Operating metrics
  • Benchmarks
  • Competitive positioning

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Web traffic of SweetSpot

The website of SweetSpot (sweetspot.me) receives about 6.4K visits a month.

  • Monthly visits
    6.4K

    ▼ 14.5% vs previous month

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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 CEO of SweetSpot, as recorded in our data.

SweetSpot has 11 employees.

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 Jydsk Planteservice, BlueLobster and FreshLand.

SweetSpot offers Impulse Goods Solution.

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

SweetSpot operates through Sweetspot A/S.

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