About Torg
Torg is a Retail company based in Berlin (Germany) founded in 2022 by Rita Kerbaj, Ben Holdham, and Hans Kristian Furuseth. Food and beverage trading is facilitated through an online marketplace. Torg has raised $2.93 million across 1 funding round from investors including Connect Ventures, FoodLabs and Sondo Capital. Its website usetorg.com draws about 149 thousand monthly visits. Torg offers products and services including Sourcing Platform, Chat System, and Quote Negotiation. Its focus areas include Food and Agriculture Tech, Online Grocery, B2B Ecommerce and Multi-Category. Its competitors include Hier app, foodcircle and Unamera; 1 of its 3 listed competitors has raised funding.
Company details
Torg was founded in 2022 in Berlin, Germany, as an online platform in the food and beverage sector. Retailers are connected with manufacturers via this marketplace for private label production and foodservice sourcing. Operations focus on enabling efficient trading between businesses, supporting supply chain needs without direct involvement in product distribution or sales.
- Headquarters Berlin, Germany
- Founders Rita Kerbaj, Ben Holdham, Hans Kristian Furuseth
- SectorsRetail
- Website category Business and Consumer Services · Business Services
- Email••••••••
- Website usetorg.com
- Social LinkedIn
- Total Equity Funding$2.93M (USD)
in 1 rounds
- Latest Funding Round$2.93M (USD), Seed
Apr 2024
- InvestorsConnect Ventures
& 5 more
Products & Services of Torg
Torg offers a comprehensive portfolio of products and services, including Sourcing Platform, Chat System, and Quote Negotiation.
Tool for searching and connecting with food suppliers online.
Real-time chat for supplier inquiries and negotiations.
Feature to request and compare supplier quotes efficiently.
Funding Insights of Torg
Torg has successfully raised a total of $2.93M through 1 strategic funding round. The most recent funding activity was a Seed round of $2.93 million completed in April 2024. 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 $2.93M
- Total Rounds 1
- Last Round Seed — $2.93M
- First Round $2.93M
(Apr 2024)
- Investors Count 6
All 1 funding rounds of Torg with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr 2024 | $2.93M | Seed | – | Connect Ventures |
6 investors in total: 4 institutional and 2 angel.
Investors in Torg
Torg has secured backing from 6 investors, including venture fund and angel investors. Prominent investors backing the company include Connect Ventures, FoodLabs and Sondo Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early-stage investments are made in product-focused companies by Connect Ventures. | connectventures.co | London, United Kingdom | ||
FoodLabs is engaged in supporting food innovation startups. | foodlabs.com | Berlin, Germany | ||
Early-stage investments are provided by Sondo Capital in Norway. | sondo.com | Norway | ||
| venturestogether.tcc.mode | ||||
SS Sameer Singh | unknown_b19b68edad9e4714b | |||
JM Jonas Meynert | Angel investor and advisor, focused on Indian startups and tech innovation. | unknown_72f1d5afd08b4395b |
Investor details for Torg
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People of Torg
6 people are tracked at Torg (3 in leadership, 3 in team).
| Name | Role | Group |
|---|---|---|
Rita Kerbaj | Co-Founder | Leadership |
Ben Holdham | Co-Founder | Leadership |
Hans Kristian Furuseth | Co-Founder & Managing Director | Leadership |
Andres Peña | Bubble Developer | Team |
Kim Alvarstein | Venture Development | Team |
George Kikalishvili | Business Development Manager | Team |
Complete people profiles for Torg
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Timeline of Torg
2 dated milestones of Torg across 2 years, from founding to its latest funding, stage changes and deals.
- Founded Torg is founded.
- Funding First funding round of $2.9M.
Competitors of Torg
Torg has 3 listed competitors in our database, 1 of them funded. They include Hier app, foodcircle and Unamera.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| hier.in | 2020 | Berlin, Germany | $7.9M | Procurement solutions for grocery retailers are offered by Hier app. | ||
| foodcircle.com | 2018 | Berlin, Germany | 10 | A digital wholesale platform for organic foods is operated. | ||
| unamera.com | 2016 | Lichtentanne, Germany | Raw materials for brewing are traded via an online marketplace. |
Detailed competitors of Torg
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Web traffic of Torg
The website of Torg (usetorg.com) receives about 148.8K visits a month and ranks #369,852 among all websites worldwide, #10,945 in Business Services.
- Monthly visits148.8K
▲ 28.8% vs previous month
- Unique visitors51.3K
per month
- Global rank#369,852
among all websites
- Category rank#10,945
Business and Consumer Services · Business Services
- Bounce rate39%
- Pages per visit1.6
- Average visit27 sec
- DevicesDesktop 37% · Mobile 63%
Websites whose visitors overlap most with Torg. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| keychain.com | 100% | 182.1K | #317,216 | View details | |
cbi.eu | cbi.eu | 100% | #333,901 | – | |
| biohealth-int.com | 100% | 7.6K | #2,673,582 | View details | |
procurementmag.com | procurementmag.com | 100% | #361,710 | – | |
arenahealth.co.uk | arenahealth.co.uk | 100% | #3,799,642 | – | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 17 similar websites and full traffic analytics for Torg
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Frequently Asked Questions about Torg
Torg was founded in 2022 and raised its 1st funding round 2 years after it was founded.
Torg is headquartered in Berlin, Germany. It is registered at Berlin, Berlin, Germany.
Torg is a funded company, having raised a total of $2.93M across 1 funding round to date. The company's 1st funding round was a Seed of $2.93M, raised on Apr 2024.
Torg was founded in 2022 in Berlin, Germany, as an online platform in the food and beverage sector. Retailers are connected with manufacturers via this marketplace for private label production and foodservice sourcing. Operations focus on enabling efficient trading between businesses, supporting supply chain needs without direct involvement in product distribution or sales.
Torg's top competitors include Hier app, foodcircle and Unamera.
Torg offers Sourcing Platform, Chat System, and Quote Negotiation.
Torg has 6 investors. Key investors include Connect Ventures, FoodLabs, Sondo Capital, Ventures Together, and Sameer Singh.
The website of Torg receives about 149 thousand visits a month and ranks #369,852 among all websites worldwide.