About Wedderspoon
Wedderspoon is a company based in Philadelphia (United States) founded in 2005 was acquired by Masthead in July 2024.. Wedderspoon offers products and services including Raw Manuka Honey, Manuka Honey Drops, Propolis Sprays, and Apple Cider Vinegar. Wedderspoon operates in a competitive market with competitors including Heinz, Sir Kensington's, Cleveland Kitchen, Grillo's Pickles and Yellowbird, among others.
- Headquarter Philadelphia, United States
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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 Lux Impex Srl
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
$5.5 M (USD), Debt – Conventional
Jan 14, 2020
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Investors
Indigo Capital
& 2 more
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Employee Count
Employee Count
- Acquired by
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Products & Services of Wedderspoon
Wedderspoon offers a comprehensive portfolio of products and services, including Raw Manuka Honey, Manuka Honey Drops, Propolis Sprays, and Apple Cider Vinegar. 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.
Organic honey with high MGO rating for natural health benefits.
Soothes throat using organic honey in drop form.
Immune support spray made from Manuka honey derivatives.
Organic vinegar infused for digestive health benefits.
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Funding Insights of Wedderspoon
- Total Funding Total Funding
- Total Rounds 1
- Last Round Debt – Conventional — $5.5M
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First Round
First Round
(14 Jan 2020)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jan, 2020 | Amount | Debt – Conventional - Wedderspoon | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 Wedderspoon
Wedderspoon has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Indigo Capital, Cliffside Capital and Masthead. 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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Growth equity provided to mid-cap companies in Latin America.
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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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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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Wedderspoon
| 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 - Wedderspoon
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Wedderspoon Comparisons
Competitors of Wedderspoon
Wedderspoon 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 Heinz, Sir Kensington's, Cleveland Kitchen, Grillo's Pickles and Yellowbird, 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 |
Heinz is recognized for producing condiments and packaged foods.
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Brand of ketchups, mayonnaise and sauces
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Provider of grocery and staples for consumers
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| domain | founded_year | HQ Location |
Pickles and condiments are produced and branded by Grillo's Pickles.
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| domain | founded_year | HQ Location |
Brand of sauces
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| domain | founded_year | HQ Location |
Gluten-free hot honey is produced and distributed nationwide and worldwide.
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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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Latest news on Wedderspoon
Frequently Asked Questions about Wedderspoon
When was Wedderspoon founded?
Wedderspoon was founded in 2005 and raised its 1st funding round 15 years after it was founded.
Where is Wedderspoon located?
Wedderspoon is headquartered in Philadelphia, United States. It is registered at Philadelphia, Pennsylvania, United States.
Who is the current CEO of Wedderspoon?
Rebecca Remley is the current CEO of Wedderspoon.
What does Wedderspoon do?
Wedderspoon was founded in 2005 in Philadelphia, United States, and operates in the organic food sector. Manuka honey and organic gourmet varieties are offered, all certified as raw, Non-GMO, and organic. Distribution occurs through organized retailers, independent grocers, and online platforms like Amazon. Products are available in Canada and the United States, with Rebecca Remley serving as CEO.
Who are the top competitors of Wedderspoon?
Wedderspoon's top competitors include Sir Kensington's, Heinz and Cleveland Kitchen.
What products or services does Wedderspoon offer?
Wedderspoon offers Raw Manuka Honey, Manuka Honey Drops, Propolis Sprays, and Apple Cider Vinegar.
Who are Wedderspoon's investors?
Wedderspoon has 3 investors. Key investors include Indigo Capital, Cliffside Capital, and Masthead.