About Treet
Treet is a company based in Turku (Finland) founded in 2017. It operates as a On-Demand Services, and HealthTech. Treet has raised $1.19 million across 1 funding round from investors including Nostetta Ventures. Treet offers products and services including Treet Online Pharmacy, Treet Mobile App, and Remote Doctor Service. Treet operates in a competitive market with competitors including Apomera, Apteekkituotteet, MobiiliResepti and Midifi, among others.
- Headquarter Turku, Finland
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Sectors
Healthcare
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$1.19 M (USD)
in 1 rounds
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Latest Funding Round
$1.19 M (USD), Seed
Sep 01, 2020
- Investors
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Employee Count
Employee Count
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Products & Services of Treet
Treet offers a comprehensive portfolio of products and services, including Treet Online Pharmacy, Treet Mobile App, and Remote Doctor Service. 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.
Online pharmacy services are provided for easy access.
Mobile app is offered for convenient pharmacy transactions.
Remote doctor consultations are facilitated through the platform.
Funding Insights of Treet
Treet has successfully raised a total of $1.19M through 1 strategic funding round. The most recent funding activity was a Seed round of $1.19 million completed in September 2020. 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 1
- Last Round Seed — $1.2M
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First Round
First Round
(01 Sep 2020)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2020 | Amount | Seed - Treet | Valuation | Nostetta Ventures |
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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 |
Investors in Treet
Treet has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Nostetta Ventures. 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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Early-stage startups are supported through investments and collaboration by Nostetta Ventures.
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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 Treet
| 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 - Treet
| 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 |
Treet Comparisons
Competitors of Treet
Treet 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 Apomera, Apteekkituotteet, MobiiliResepti and Midifi, 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 |
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| domain | founded_year | HQ Location |
Health and beauty products are purchased through an online platform.
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| domain | founded_year | HQ Location |
Online platform for purchasing pharmacy products, medicines, and health items.
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| domain | founded_year | HQ Location |
Offers a mobile app for convenient ordering of medicines.
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| domain | founded_year | HQ Location |
Delivers comprehensive solutions for pharmacy delivery and home care services.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Treet
When was Treet founded?
Treet was founded in 2017 and raised its 1st funding round 3 years after it was founded.
Where is Treet located?
Treet is headquartered in Turku, Finland. It is registered at Turku, Varsinais-suomi, Finland.
Is Treet a funded company?
Treet is a funded company, having raised a total of $1.19M across 1 funding round to date. The company's 1st funding round was a Seed of $1.19M, raised on Sep 01, 2020.
What does Treet do?
Treet is established as a digital platform facilitating online pharmacy services across Finland. Various pharmacy needs are addressed through a user-friendly mobile app and web interface. Remote doctor consultations and allergy treatment support are also provided. Collaboration with local pharmacies ensures quick delivery, often within hours. The platform is designed to make pharmacy transactions seamless and accessible from any location.
Who are the top competitors of Treet?
Treet's top competitors include Apomera, Apteekkituotteet and MobiiliResepti.
What products or services does Treet offer?
Treet offers Treet Online Pharmacy, Treet Mobile App, and Remote Doctor Service.
Who are Treet's investors?
Treet has 1 investor. Key investors include Nostetta Ventures.