Oda - About the company
Oda is a series C company based in Oslo (Norway), founded in 2013 by Vegard Aakre Vik. It operates as an Online platform offerings multi-category grocery products. Oda has raised $473M in funding from investors like Rasmussengruppen, Kinnevik and Summa Equity, with a current valuation of $353M. The company has 129 active competitors, including 15 funded and 8 that have exited. Its top competitors include companies like Delivery Hero, Rohlik Group and Picnic.
Sectors and market segments that Oda operate in
Oda serves in the Food and Agriculture Tech market segments.The primary business model of Oda is:Company Details
Online platform offerings multi-category grocery products. It offers fruits & vegetables, meat & seafood, rice & spices, and more. Its application features include in-built payment, scheduled delivery, order tracking, and more. The company offers mobile applications for Android and iOS platforms.
- Website
- oda.com/no/
- Social
- Registered Address
- Kjølberggata 31, 0653, OSLO
Key Metrics
Founded Year
2013
Location
Oslo, Norway
Stage
Series C
Total Funding
$473M in 5 rounds
Latest Funding Round
Post Money Valuation
$353M as on Dec 06, 2022
Investors
Ranked
8th among 129 active competitors
Employee Count
889 as on Jun 30, 2026
Legal entities associated with Oda
Oda is associated with 4 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
ODA NORWAY AS CIN: 912262510 , Norway, Active | Jun 30, 2013 | - | 845 (As on Dec 31, 2022) | |
KOLONIAL.NO AS CIN: 912262510 , Denmark, Active | Jun 30, 2013 | $100M - $500M (As on Dec 31, 2019) | 327 (As on Dec 31, 2019) | |
ODA GROUP HOLDING AS CIN: 927364727 , Norway, Active | May 27, 2021 | - | - | |
ODA NORWAY AS CIN: 912262510 , Norway, Active | Jun 30, 2013 | - | 415 (As on Dec 31, 2020) |
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Oda's funding and investors
Oda has raised a total funding of $473M over 5 rounds. Its first funding round was on May 2015. Its latest funding round was a Series C round on Dec 06, 2022 for $153M. 3 investors participated in its latest round. Oda has 12 institutional investors.
Here is the list of recent funding rounds of Oda:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Dec 06, 2022 | $153M | Series C | $353M | - | ||
Apr 08, 2021 | $265M | Series C | $1.2B | 2.5x | ||
Aug 15, 2018 | $35.7M | Series B | - | - | - |
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Oda's founders and board of directors
Founder? Claim ProfileThe founders of Oda is Vegard Aakre Vik.
Here are the details of Oda's key team members:
- Vegard Aakre Vik: Co-founder & CFO of Oda.
Oda's Board of Directors
Oda's board has 3 active members. Sara Elisabet Ip Manne, Carl-fredrik Iuell Bergan and Andre Rolf Knuppel are part of team.Here is the list of Oda's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | - | |
Team | - | Current | - | |
Team | - | Current | - |
View details of Oda's Founder profiles and Board Members
Oda's employee count trend
Oda has 889 employees as of Jun 26. Here is Oda's employee count trend over the years:
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Oda's Competitors and alternates
Top competitors of Oda include Delivery Hero, Rohlik Group and Picnic. Here is the list of Top 10 competitors of Oda, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Delivery Hero 2010, Berlin (Germany), Public | Platform offering food ordering and delivery services | $1.8B | 83/100 | |
2nd | Rohlik Group 2014, Karlin (Czech Republic), Series D | Online grocery retailer | $748M | 77/100 | |
3rd | _1583839485659.png?devicePixelRatio=2&height=30&width=30){kind=logo} Picnic 2015, Amsterdam (Netherlands), Series E | App based platform for ordering groceries and delivery services | $1.98B | 76/100 | |
4th | App based platform offering multi-category grocery products | $2.54B | 74/100 | ||
5th | On-demand grocery delivery service platform that enables users to order everyday essentials | $1.43B | 71/100 | ||
6th | Online platform offering multi-category grocery products | $1.33B | 68/100 | ||
7th |  JOKR 2021, Luxembourg (Luxembourg), Series D | Online platform offering multi-category grocery products | $530M | 56/100 | |
8th | Online platform offerings multi-category grocery products | $473M | 55/100 | ||
9th | Airlift Express 2015, Frankfurt Am Main (Germany), Series B | Online platform offering multi-category grocery supplies | $110M | 54/100 | |
10th | Online retailer offering multi-category grocery products | - | - | 53/100 |
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Oda's Investments and acquisitions
Oda has made no investments or acquisitions yet.
Reports related to Oda
Here is the latest report on Oda's sector:
News related to Oda
•
ODA appoints new CEO and invests in Laas - Logistics as a serviceSupply Chain Effect•Feb 12, 2025•Oda
•
SoftBank-backed grocery startup Oda lays off 150, resets focus on Norway and SwedenTechCrunch+•Jun 05, 2024•Oda
•
Baker McKenzie Swedish legal advisor to Oda in merger with MathemLegal Desire•Nov 25, 2023•Baker McKenzie, Oda, MatHem
•
Virgio Raises US$ 37M in Series A FundingFinSMEs•Dec 15, 2022•VIRGIO, Naspers, Accel, Alpha Wave Global and 11 others
•
Norwegian Online Grocer Oda Raises $151m As Value DeclinesEsmmagazine•Dec 07, 2022•Oda, Kinnevik, Summa Equity
•
Fulfilment centre for an online grocery store to be built in VantaaProperty Magazine•Jul 06, 2021•Oda
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Kinnevik emerges as the largest shareholder in Kolonial after particpating in a funding round co-led by Softbank and ProsusGlobeNewswire•Apr 08, 2021•Kinnevik, Kolonial.no, SoftBank, Prosus and 2 others
•
Oda drops Kolonial past to raise $265mGlobal Corporate Venturing•Apr 08, 2021•Kinnevik, Naspers, Prosus, SoftBank Vision Fund and 5 others
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FAQs about Oda
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