About Vembla
Vembla is a company based in Stockholm (Sweden) founded in 2019.. Vembla has raised $5.28 million across 3 funding rounds from investors including Cats VC, Spring Capital and Tuomas Kukkonen. Vembla has completed 1 acquisition, including Munchy. Vembla offers products and services including Health Articles and Training Guides. Vembla operates in a competitive market with competitors including Kavall and Ding Dong, among others.
- Headquarter Stockholm, Sweden
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Sectors
Retail
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Phone
*********
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Website
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Products & Services of Vembla
Vembla offers a comprehensive portfolio of products and services, including Health Articles and Training Guides. 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.
Offers tips on weight loss and fitness strategies
Provides routines for exercise and recovery methods
Funding Insights of Vembla
Vembla has successfully raised a total of $5.28M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $3.07 million completed in May 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 3
- Last Round Series A — $3.1M
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First Round
First Round
(25 Nov 2020)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2022 | Amount | Series A - Vembla | Valuation |
investors |
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| May, 2021 | Amount | Seed - Vembla | Valuation | Cats , Spring Capital |
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| Nov, 2020 | Amount | Angel Round - Vembla | Valuation | Tuomas Kukkonen , Michael Wolf |
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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 Vembla
Vembla has secured backing from 5 investors, including venture fund and angel investors. Prominent investors backing the company include Cats VC, Spring Capital and Tuomas Kukkonen. 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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Venture capital fund focused on tech companies
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Founded Year | Domain | Location | |
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European seed-stage tech firms are funded by Spring Capital micro-VC.
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Founded Year | Domain | Location | |
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TK
Tuomas Kukkonen |
Finnish entrepreneur in India, angel investor, co-founder of Relex Solutions
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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 Vembla
Vembla has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Munchy. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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App-based retailer offering multi-category snacks and convenience food products
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2020 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Vembla
| 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 |
Vembla Comparisons
Competitors of Vembla
Vembla 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 Kavall and Ding Dong, 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 |
Ultra-fast multi-category grocery delivery is offered through an online platform.
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| domain | founded_year | HQ Location |
Multi-category grocery supplies are delivered rapidly via mobile platform.
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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 Vembla
When was Vembla founded?
Vembla was founded in 2019 and raised its 1st funding round 1 year after it was founded.
Where is Vembla located?
Vembla is headquartered in Stockholm, Sweden.
Is Vembla a funded company?
Vembla is a funded company, having raised a total of $5.28M across 3 funding rounds to date. The company's 1st funding round was a Angel Round of $698.35K, raised on Nov 25, 2020.
What does Vembla do?
Vembla was founded in 2019 in Stockholm, Sweden, as an online marketplace in the grocery sector. Products such as fruits and vegetables, bakery items, dairy, sweets, and snacks are sourced from local grocery stores and pharmacies. Customers access the platform through mobile applications available on Android and iOS. Operations focus on facilitating purchases from regional suppliers in Sweden.
What products or services does Vembla offer?
Vembla offers Health Articles and Training Guides.
How many acquisitions has Vembla made?
Vembla has made 1 acquisition, including Munchy.
Who are Vembla's investors?
Vembla has 5 investors. Key investors include Cats VC, Spring Capital, Tuomas Kukkonen, Michael Wolf, and Manfred Aronsson.