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LMK Group AB

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Food delivery service with all of the ingredients and recipe cards delivered to customers once a week

Stockholm, SwedenFounded 2008eCommerce & Marketplaces
Valuation $46M Market cap · 2022
Revenue $144M Latest reported FY

About LMK Group AB

Cheffelo, formerly known as LMK Group, is a prominent player in the Nordic meal kit market, founded in 2008 with a mission to simplify everyday life by delivering a variety of inspiring meals directly to customers' doors. The company operates through distinct local brands, each with a heritage of innovation and entrepreneurship. Cheffelo serves a diverse clientele, including busy families and individuals seeking convenient, healthy, and delicious meal options. The company generated SEK 1 billion in revenue in 2023 and delivered approximately 15 million meals, positioning itself as a leader in Scandinavian food tech. Cheffelo's business model revolves around subscription-based meal kits, where customers receive pre-portioned ingredients and recipes on a regular basis. This model ensures a steady revenue stream and fosters customer loyalty. Cheffelo is listed on Nasdaq First North Premier Growth Market under the ticker CHEF. The company is committed to sustainability, focusing on areas such as food waste reduction, resource consumption, and social responsibility. Cheffelo's comprehensive approach to sustainability is detailed in its annual and sustainability reports.

Source: Dealroom company data

At a glance

Status
Listed
Founded
2008
Headquarters
Stockholm, Sweden
Listing
IPO 2021
Employees
250
Open positions
6
Dealroom signal
82.0/100
Industry
Food
Sub-industry
Food Logistics & Delivery
Sector
eCommerce & Marketplaces, Groceries, Food Processing, Cooking, Delivery, On-Demand, Healthy, Meal Kits, Woman Founder
Business model
Marketplace & ecommerce
Client focus
b2c
Investment activity
5 companies, latest Mar 2017
Capital deployed
$12M
Preferred round
ACQUISITION

Funding history

4 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
POST IPO EQUITY✓Other financing Jul 2025 $968K — Undisclosed ↗
IPO✓Exit Mar 2021 — $121M Acton Capital ↗
Showing the latest 2 of 4 recorded eventsBook a demo for the full funding history →

Financials

Revenue, earnings and profit over time

Revenue, earnings and other financial measures where available. Years marked “E” are estimates.

YearRevenueGrowthProfitMargin
2026 $144M 0% $23M 16.3%
2025 $144M +12.3% $23M 16.3%
2024 $128M +5.9% $23M 18.3%
2023 $121M -7.6%
2022 $131M -22.1%
2021 $168M +14%
2020 $147M —
Company filings, research estimates and Dealroom dataBook a demo for the full financial model →

Growth signals

LMK Group AB website traffic

Latest recorded traffic for LMK Group AB is 7.8K monthly website visits, down 9.3% over the last three months. LMK Group AB's team grew 6.8% over the past year.

Latest monthly visits7.8K 3-month web change-9.3% 1-year team growth+6.8%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Similar companies

Closest operating peers by Dealroom taxonomy

Company identity and context are open; selected comparison metrics preview what is available on the platform.

Showing 8 of the closest matchesCompare every metric →

Investors

5 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series A2 investors entered at this stage

Series B and later1 investor entered at this stage

  • Herkules Capital

Other known investors2 additional known investors

  • Armada Credit Partners
  • Fritz Oidtmann
Team profiled 29 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 5 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
6 countries with
team presence
🇸🇪 Sweden42.8%
🇳🇴 Norway42.8%
🇩🇰 Denmark5%
🇵🇹 Portugal3.1%
🇪🇸 Spain0.6%
Top 5 of 6 shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about LMK Group AB on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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