Homemate
Sell and distributes chef-prepared, ready-to-cook dishes to consumers.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor | €0.0 | round |
€300k | Seed | ||
| Total Funding | 000k | ||
| EUR | 2017 | 2018 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| Profit | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| EV | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
Source: Company filings or news article
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Homemate A/S operates in the Danish food-tech and e-commerce sectors, providing a convenient meal service for busy consumers. Founded in 2015 by Niels Martinsen, the company is headquartered in Søborg, Denmark, with its legal registration dating back to December 2014. The business model centers on offering chef-prepared, ready-to-cook meal kits and takeaway options that cater to a variety of tastes.
The company's core product is a range of meal solutions, from breakfast to dinner, designed for maximum convenience. Customers can choose between "ready-to-eat" takeaway meals or "ready-to-heat" dishes that are oven-ready in approximately 15 minutes. The menu includes both vegetarian and non-vegetarian options, baked goods, and more. This dual offering allows Homemate to serve clients seeking either instant meals or a quick, home-prepped dining experience without the effort of cooking from scratch. Orders are placed online 24/7, and customers can opt for home delivery or pick-up from various locations.
Financially, Homemate is a privately held, venture-backed company. It has successfully raised a total of $6.75 million in funding, with its initial seed round in late 2015 securing $863K. Key investors include the family office Friheden Invest and Kraks Fond. The company's ownership is held entirely by Homemate Holding Aps, with Brian Qvist Sørensen and Michael Nielsen being the primary beneficial owners with stakes of 45% and 30.22% respectively. In a strategic move to expand its market presence, Homemate acquired Maaltidet in January 2019. For the fiscal year ending in June 2024, the company reported a gross profit of DKK 5.7 million, a significant improvement from the DKK 2.9 million reported in the previous year, though it still posted a net loss.
Keywords: meal kit delivery, ready-to-cook meals, Danish food-tech, e-commerce food, takeaway, convenience meals, Homemate, ready-to-heat, online food ordering, chef-prepared meals, food delivery service, Søborg, Niels Martinsen, Friheden Invest, meal solutions, prepared food, food subscription, gourmet takeaway, family meals, corporate catering