MatHem i Sverige AB
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MatHem i Sverige AB - overview
Established
2006
Location
Stockholm, -, Sweden
Primary Industry
Internet
About
Founded in 2006 and based in Stockholm, Sweden, MatHem i Sverige AB operates an e-commerce platform and a mobile application. The company was founded by Tomas and Karolin Kull. In February 2019, Kinnevik invested SEK 900 million in MatHem i Sverige AB in a combination of SEK 500 million secondary stock purchase from unspecified investors and SEK 400 million capital investment. As of 2019, the company’s CEO is Johan Lagercrantz and it has about 1,300 employees.
In May 2021, MatHem i Sverige AB entered into a partnership with OKQ8 for hydrotreated vegetable oil (HVO) fuel. The company’s e-commerce platform, Mathem allows customers to order groceries, meat, snacks, and ready-made dinner bags, and enterprises to order large quantities of grocery items. MatHem offers food products, medicines, hygiene products, books, magazines, baby foods and accessories, animal food and accessories, houseware, cleaning solutions, and home decor products. The company also has recipes for sale, through which the customers can add to cart the entire recipe products with a single click.
Mathem offers home delivery services to its clients along with an additional service called InHome deliveries for those who have Glue smart lock in their house and will share their digital keys with the company. In InHome deliveries, the delivery guys will get inside the house using the keys and stock the entire product directly into the refrigerator. In 2018, the company generated sales of approximately SEK 1352 million. The company plans to switch completely to fossil-free HVO fuel for all its land-based delivery vehicles and put into operation of more than 200 new delivery cars that are suitable with HVO fuel within 2021.
Furthermore, MatHem i Sverige’s 100 older cars will be sold from the vehicle fleet during that period.
Current Investors
Clas Ohlson AB, Rite Ventures, Bullhound Capital
Primary Industry
Internet
Sub Industries
Consumer Products, Courier & Delivery Services, Food, Supermarkets & Grocery Stores, Home Improvement & DIY, Internet
Website
www.mathem.se
Verticals
E-commerce, Mobile Apps
Company Stage
Mature
Total Amount Raised
Subscriber access only

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