Veine

Seinajoki, Finland Founded: 2003 • Age: 23 yrs Acquired By Posti
Logistics and transportation services are offered to the food industry.
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About Veine

Veine was established in 2003 in Seinajoki, Finland, as a provider of logistics and transportation solutions for the food sector. Temperature-controlled and standard trucking services are operated, along with distribution, terminal operations, and warehouse management. These activities support the supply chain needs of food industry clients across Finland.

  • Headquarter Seinajoki, Finland
  • Phone
    *********
  • Website
    *********
Operational Areas
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
    Posti

    & 1 more

  • Employee Count
    Employee Count
  • Acquired by
    Posti

    (Jun 01, 2016)

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Funding Insights of Veine

  • Total Funding
  • Total Rounds 1
  • Last Round
  • First Round
  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Jun, 2013 Amount Series A - Veine Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Veine

Veine has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Posti and Teknoventure. 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.

All
Institutional
Investor Description Founded Year Domain Location
Tailored corporate and financial arrangement solutions are provided by Teknoventure.
Founded Year Domain Location
Postal, freight, and logistics services are delivered throughout Finland.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Veine

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Veine

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Veine Comparisons

Employees
+
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Competitors of Veine

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Veine

Frequently Asked Questions about Veine

When was Veine founded?

Veine was founded in 2003 and raised its 1st funding round 10 years after it was founded.

Where is Veine located?

Veine is headquartered in Seinajoki, Finland. It is registered at Seinajoki, South Ostrobothnia, Finland.

Who is the current CEO of Veine?

Tuomo Rannila is the current CEO of Veine.

What does Veine do?

Veine was established in 2003 in Seinajoki, Finland, as a provider of logistics and transportation solutions for the food sector. Temperature-controlled and standard trucking services are operated, along with distribution, terminal operations, and warehouse management. These activities support the supply chain needs of food industry clients across Finland.

Who are Veine's investors?

Veine has 2 investors. Key investors include Posti, and Teknoventure.

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