# Oda Norway AS

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/oda-norway

- Industry: Retail
- Headquarters: Oslo, Norway
- Website: www.oda.com
- Total disclosed funding: $1.6M
- Latest round: Seed (May 1, 2015)
- Investors on record: 1

## About

Based in Oslo, Norway, and founded in 2013, Kolonial.no AS provides an online marketplace of consumer goods and recipes that enables users to receive ordered items through delivery. The company was co-founded by Andreas Skaranger, Christian Mikalsen, Ida Johnsen, Jon Kåre Stene, Karl Kristian Mydske, CEO Karl Munthe-Kaas, Mats André Kristiansen, Mats Barlo, Tommy Gudmundsen, and Vegard Vik. In 2021, Kolonial.no AS raised NOK 1.2 billion in venture funding, as a part of a larger NOK 2.2 billion equity financing, from SB Investment Advisers. The venture funding values Kolonial.no AS at NOK 7.5 billion post-money. As of 2019, the company staffs 510 employees. 

Kolonial.no AS works with customers and offers an online grocery store. The company allows users to choose from different categories of fruits, vegetables, snacks, drinks, beauty products, and other consumer items through its mobile application. Kolonial.no AS also allows users to browse recipes and receive ordered items through its delivery service.

The company generates revenue based on goods sold online and the number of application downloads on the App Store and Google Play Store. Kolonial.no AS reported revenue of EUR 200 million in 2020.

Following the funding raised in 2021, the company plans to use the investment to expand markets, starting in Finland and then Germany in 2022.

## Funding rounds

- Seed, May 1, 2015, $1.6M — Alliance Venture

## Investors

- Alliance Venture (https://capitalatlas.ai/funds/alliance-venture) — Seed