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
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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 Sweetspot A/S
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Annual Revenue
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Net Profit
$-445.48 K (USD)-318as on Dec 31, 2022
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EBITDA
$-569.94 K (USD)-346as on Dec 31, 2022
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Total Equity Funding
$454.03 K (USD)
in 2 rounds
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Latest Funding Round
$385.5 K (USD), Unspecified
Apr 07, 2022
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Investors
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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. 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.
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.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Unspecified — $385,498
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First Round
First Round
(22 Feb 2019)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2022 | Amount | Unspecified - SweetSpot | Valuation |
investors |
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| Feb, 2019 | Amount | Unspecified - SweetSpot | 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 SweetSpot
| 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 - SweetSpot
| 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 |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Sweetspot Comparisons
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. 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 |
Farm products are traded via an online B2B marketplace.
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| domain | founded_year | HQ Location |
App-based B2B marketplace for fruits and vegetables is operated.
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| domain | founded_year | HQ Location |
Indoor plants and installations are retailed online by the company.
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| domain | founded_year | HQ Location |
Farmers and retailers are linked via an online B2B marketplace.
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| domain | founded_year | HQ Location |
Seafood is distributed directly from fishermen to restaurants using technology.
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| domain | founded_year | HQ Location |
Delivers comprehensive retail store aggregation solutions for businesses.
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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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Frequently Asked Questions about SweetSpot
When was SweetSpot founded?
SweetSpot was founded in 1991 and raised its 1st funding round 28 years after it was founded.
Where is SweetSpot located?
SweetSpot is headquartered in Gentofte, Denmark.
Who is the current CEO of SweetSpot?
Nicolai Lund is the current CEO of SweetSpot.
Is SweetSpot a funded company?
SweetSpot is a funded company, having raised a total of $454.03K across 2 funding rounds to date. The company's 1st funding round was a Unspecified of $68.53K, raised on Feb 22, 2019.
How many employees does SweetSpot have?
As of Nov 30, 2024, the latest employee count at SweetSpot is 11.
What does SweetSpot do?
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.
Who are the top competitors of SweetSpot?
SweetSpot's top competitors include Tridge, Jydsk Planteservice and BlueLobster.
What products or services does SweetSpot offer?
SweetSpot offers Impulse Goods Solution.
What is SweetSpot's valuation?
The valuation of SweetSpot is $2.57M as of Apr 2022.