Oda
Financials
Estimates*
NOK | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|---|---|
Revenues | 798m | 915m | 1.1b | 2.0b | 2.7b | 4.1b | 4.2b |
% growth | - | 15 % | 19 % | 81 % | 35 % | 54 % | 2 % |
EBITDA | (273m) | (182m) | (90.9m) | (54.5m) | - | - | - |
% EBITDA margin | (34 %) | (20 %) | (8 %) | (3 %) | - | - | - |
Profit | (166m) | (149m) | (138m) | (104m) | - | - | - |
% profit margin | (21 %) | (16 %) | (13 %) | (5 %) | - | - | - |
Source: Dealroom estimates
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
* | NOK11.5m | Seed | |
* | NOK100m | Early VC | |
* | N/A | €16.5m Valuation: €121m | Early VC |
NOK150m | Early VC | ||
* | €31.4m Valuation: €224m 2.5x EV/LTM Revenues -7.5x EV/LTM EBITDA | Late VC | |
* | NOK300m | Late VC | |
* | $265m Valuation: $900m 3.8x EV/LTM Revenues -136.5x EV/LTM EBITDA | Late VC | |
* | N/A | NOK40.0m Valuation: NOK10.2b 5.2x EV/LTM Revenues -187.0x EV/LTM EBITDA | Secondary |
* | N/A | NOK600m | Debt |
* | NOK1.5b Valuation: NOK3.5b | Late VC | |
* | NOK621m | Convertible | |
Total Funding | $642m |
Recent News about Oda
EditOda is a pioneering online grocery store that delivers a wide range of high-quality, affordable groceries and fresh produce directly to customers' doorsteps. Operating primarily in the retail sector, Oda leverages a data-driven methodology to optimize its supply chain and ensure sustainability throughout its operations. The company serves a diverse clientele, including busy professionals, families, and individuals who value convenience and quality. Oda's business model revolves around an efficient e-commerce platform that allows customers to easily order groceries online, which are then delivered swiftly and reliably. Revenue is generated through the sale of groceries and fresh produce, with a focus on maintaining competitive pricing to attract and retain customers. The company has garnered significant backing from major international investors, underscoring its potential for growth and innovation in the online retail space. Oda's commitment to sustainability and customer satisfaction sets it apart in a competitive market, aiming to create a society where people have more space for life.
Keywords: online grocery, high-quality produce, affordable groceries, data-driven, sustainability, e-commerce, retail, customer convenience, efficient supply chain, international investors.