Just Spices - About the company
Just Spices is an acquired company based in Dusseldorf (Germany), founded in 2012 by Ole Strohschnieder. It operates as an Online retailer of spices, seasonings, spice mixes, and related gifts. Just Spices has raised $14.4M in funding from investors like Five Seasons Ventures, Coefficient Capital and Bitburger Ventures. The company has 9 active competitors, including 1 that has exited. Its top competitors include companies like MEIN GENUSS, Aruhma and Merten Gewurze.
Company Details
Online retailer of spices, seasonings, spice mixes, and related gifts. It provides various spice blends and single-ingredient spices for diverse culinary applications. The company offers themed spice sets, advent calendars, and customizable gift options. It also features recipes and blog content related to cooking and spice usage.
- Website
- www.justspices.de/
Key Metrics
Founded Year
2012
Location
Dusseldorf, Germany
Stage
Acquired
Total Funding
$14.4M in 2 rounds
Latest Funding Round
Investors
Ranked
1st among 9 active competitors
Annual Revenue
€50M - €100M as on Dec 31, 2021
Employee Count
71 as on Aug 31, 2026
Similar Companies
Exit Details
Acquired by The Kraft Heinz (Dec 10, 2021)
Legal entities associated with Just Spices
Just Spices is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
JustSpices GmbH CIN: 0782.702.995 , Belgium, Active | Feb 28, 2022 | - | - | - |
Just Spices GmbH CIN: HRB68186 , Germany, Active | Mar 30, 2017 | €50M - €100M (As on Dec 31, 2021) | 94 (As on Dec 31, 2020) |
Just Spices's acquisition details
Just Spices got acquired by The Kraft Heinz on Dec 10, 2021.
Click here to take a look at Just Spices's acquisition in detail
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Just Spices's funding and investors
Just Spices has raised a total funding of $14.4M over 2 rounds. Its first funding round was on Feb 09, 2014. Its latest funding round was a Series B round on Jan 10, 2020 for $*****. 5 investors participated in its latest round. Just Spices has 15 institutional investors and 1 angel investor.
Here is the list of recent funding rounds of Just Spices:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jan 10, 2020 | 1202695 | Series B | 1699978 | 1991870 | 8779917 | 9654340 |
Feb 09, 2014 | 1599068 | Seed | 8821890 | 7851502 | 8982598 |
View details of Just Spices's funding rounds and investors
Just Spices' founders and board of directors
Founder? Claim ProfileThe founders of Just Spices is Ole Strohschnieder.
Here are the details of Just Spices' key team members:
- Ole Strohschnieder: CMO & Co-founder of Just Spices. They are also an angel investor in 5 startups.
View details of Just Spices's Founder profiles and Board Members
Just Spices' employee count trend
Just Spices has 71 employees as of Aug 26. Here is Just Spices's employee count trend over the years:
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Just Spices's Competitors and alternates
Top competitors of Just Spices include MEIN GENUSS, Aruhma and Merten Gewurze. Here is the list of Top 10 competitors of Just Spices, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Just Spices 2012, Dusseldorf (Germany), Acquired | Online retailer of spices, seasonings, spice mixes, and related gifts | $14.4M | 49/100 | |
2nd | MEIN GENUSS Landsberg Am Lech (Germany), Unfunded | Internet first brand of spices and tea | - | - | 24/100 |
3rd | Platform offering spice blends | - | - | 24/100 | |
4th | Merten Gewurze Weiskirchen (Germany), Unfunded | Online store for spices | - | - | 24/100 |
5th | Seeds of Love Schwandorf (Germany), Unfunded | Online retailer of food items | - | - | 24/100 |
6th | Retailer of vegan date seed powder for healthy lifestyle choices | - | - | 16/100 | |
7th | Leckerposten 1892, Lage (Germany), Unfunded | Retailer of discounted groceries, including produce, meats, and shelf-stable foods | - | - | 16/100 |
8th | Internet first brand of spices products | - | - | 16/100 | |
9th | Schwarzer Pfeffer Berlin (Germany), Unfunded | Internet-first brand offering multi-category spices | - | - | 16/100 |
10th | NJ Himalaya Forest 2019, Frankfurt Am Main (Germany), Deadpooled | Internet-first brand offering spices | - | - | 14/100 |
Looking for more details on Just Spices's competitors? Click here to see the top ones
Just Spices's Investments and acquisitions
Just Spices has made no investments or acquisitions yet.
Reports related to Just Spices
Here is the latest report on Just Spices's sector:
News related to Just Spices
•
Kraft Heinz Completes Acquisition of Majority Stake in Just Spices, a Technology-Enabled Direct-to-Consumer BusinessBusiness Wire•Jan 19, 2022•The Kraft Heinz, Just Spices
•
Kraft Heinz Announces Agreement to Acquire Majority Stake in Just Spices – a Technology-Enabled Direct-to-Consumer BusinessBusiness Wire•Dec 10, 2021•The Kraft Heinz, Just Spices, Just Spices
•
13 million euros for spice startup Just SpicesGruenderszene•Jan 10, 2020•Just Spices, Five Seasons Ventures, Bitburger Ventures, Coefficient Capital and 2 others
•
This plant-based meat startup called This has just raised £4.7m in seed fundingAgFunderNews•Jan 09, 2020•THIS, Five Seasons Ventures, Seedcamp, Manta Ray Ventures and 4 others
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