Financials

Estimates*

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Revenues, earnings & profits over time
NOK2017201820192020202120222023
Revenues798m915m1.1b2.0b2.7b4.1b4.2b
% 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

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DateInvestorsAmountRound
-

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€584m

Recent News about Oda

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More about Odainfo icon
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Oda 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.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.

Investments by Oda

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Mathem
ACQUISITION by Oda Nov 2023