About Tofoo
Tofoo is a company based in Malton (United Kingdom) founded in 1999 was acquired by Comitis Capital in August 2024.. The company has 138 employees as of December 31, 2021. Tofoo offers products and services including Tofu Blocks, Seitan, Tempeh, and Marinated Burgers. Tofoo operates in a competitive market with competitors including Oatly, Coconuts Collaborative, Yeo Valley, Graham's Family Dairy and Millbrook Dairy, among others.
- Headquarter Malton, United Kingdom
- Employees 138 as on 31 Dec, 2021
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Sectors
Consumer
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name The Tofoo Company Limited
- Date of Incorporation 24 May, 1999
- Jurisdiction MALTON, NORTH YORKSHIRE, ENGLAND
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
Hikari Miso
& 1 more
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Employee Count
138
as on Dec 31, 2021
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Acquired by
Comitis Capital
(Aug 20, 2024)
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Products & Services of Tofoo
Tofoo offers a comprehensive portfolio of products and services, including Tofu Blocks, Seitan, Tempeh, and Marinated Burgers. 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.
Handmade tofu for versatile cooking and recipes.
Wheat-based product for various dishes.
Fermented soy for unique texture and flavor.
Pre-marinated options for quick plant-based meals.
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Funding Insights of Tofoo
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2016 | Amount | Unspecified - Tofoo | Valuation |
investors |
| 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 Tofoo
Tofoo has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include Hikari Miso and Comitis Capital. 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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Comitis Capital is engaged in growth investments for sustainable businesses.
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Founded Year | Domain | Location | |
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Crafts organic miso and fermented foods through traditional fermentation for global consumers.
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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 Tofoo
| 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 - Tofoo
| 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 |
Tofoo Comparisons
Competitors of Tofoo
Tofoo 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 Oatly, Coconuts Collaborative, Yeo Valley, Graham's Family Dairy and Millbrook Dairy, 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 |
Plant-based dairy alternatives from oats are provided by Oatly.
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| domain | founded_year | HQ Location |
Brand of yogurt
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| domain | founded_year | HQ Location |
Brand of flavored yogurt, ice cream, and milk
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| domain | founded_year | HQ Location |
Multi category dairy brand
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| domain | founded_year | HQ Location |
Milk products are distributed by Millbrook Dairy in the UK.
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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 Tofoo
Frequently Asked Questions about Tofoo
When was Tofoo founded?
Tofoo was founded in 1999 and raised its 1st funding round 17 years after it was founded.
Where is Tofoo located?
Tofoo is headquartered in Malton, United Kingdom. It is registered at Malton, North Yorkshire, United Kingdom.
Who is the current CEO of Tofoo?
Dave Knibbs is the current CEO of Tofoo.
How many employees does Tofoo have?
As of Dec 31, 2021, the latest employee count at Tofoo is 138.
What does Tofoo do?
Tofoo was established in 1999 as a tofu brand in the food sector. Operations focus on manufacturing tofu that is certified non-GMO, gluten-free, and organic. Products are primarily distributed through stores in Malton, North Yorkshire, United Kingdom. The company is led by co-CEOs Dave Knibbs and Lydia Smith, with its domain registered as tofoo.co.uk. Sales are concentrated in the local region.
Who are the top competitors of Tofoo?
Tofoo's top competitors include Oatly, Coconuts Collaborative and Graham's Family Dairy.
What products or services does Tofoo offer?
Tofoo offers Tofu Blocks, Seitan, Tempeh, and Marinated Burgers.
Who are Tofoo's investors?
Tofoo has 2 investors. Key investors include Hikari Miso, and Comitis Capital.