SOGDA Limited Company Profile

Background

Established in 1995 in Seattle, Washington, SOGDA Limited has grown into a prominent exporter of seafood products, distributing to over 60 international markets. The company's mission is to provide high-quality frozen seafood, ensuring sustainability and adherence to international quality standards. With operations spanning from Alaska to California, SOGDA specializes in exporting species such as salmon (including ikura), hake, pollock, cod, and other groundfish. The company owns and markets its products under the brands Pacific Fisher and Captain’s Pride.

Key Strategic Focus

SOGDA Limited's strategic focus centers on delivering premium frozen seafood to a diverse global clientele. The company emphasizes sustainable harvesting practices, sourcing fish from Pacific Ocean fisheries ranging from the Bering Sea in Alaska to the Sea of Cortez in Baja California, Mexico. Key species include Pacific whiting, Pacific cod, Alaska pollock, and all five wild salmon species, along with salmon roe and ikura. SOGDA's primary markets encompass Eastern Europe, the Middle East, Africa, and Southeast Asia.

Financials and Funding

As of recent reports, SOGDA Limited has an estimated revenue between $25 million and $100 million, with a workforce of 11 to 50 employees. The company has raised a total of $350,000 in funding over one round. Specific details regarding the utilization of this capital have not been publicly disclosed.

Pipeline Development

SOGDA Limited's product pipeline includes a variety of frozen seafood products, such as:

Pink Salmon

Chum Salmon

Sockeye Salmon

Coho Salmon

Pacific Hake

Salmon Ikura

Pollock

These products are processed and frozen either onboard chartered catcher-freezer vessels, at-sea processors, or shore-side plants, all of which are FDA and USDC certified facilities.

Technological Platform and Innovation

SOGDA Limited distinguishes itself through its commitment to sustainability and quality assurance. The company has successfully met the requirements of the Marine Stewardship Council's Chain-of-Custody Standard, allowing it to provide fish products that qualify to carry the MSC logo, including Pacific Hake, Alaska Salmon, Pacific Albacore Tuna, and Alaska (Pacific) Cod. Additionally, SOGDA's facilities have been assigned an FDA/EU Fish and Fishery Products Export Certification number for shipments of U.S. seafood products to European Union countries (CFN No. 3008242291).

Leadership Team

SOGDA Limited's leadership team comprises experienced professionals dedicated to the company's growth and operational excellence:

Yuriy Babadzhanov: President

Simon Ross: Vice President

Alex Babadzhanov: Chief Operations Officer

Robert Gershberg: Purchasing Director

Andrey Belov: Director of Sales

Leadership Changes

There have been no recent significant changes or appointments within SOGDA Limited's leadership team.

Competitor Profile

Market Insights and Dynamics

The global seafood industry is experiencing steady growth, driven by increasing consumer demand for healthy protein sources and sustainable products. Key trends include a focus on traceability, eco-friendly packaging, and the expansion of aquaculture.

Competitor Analysis

SOGDA Limited operates in a competitive landscape with several notable companies:

F. Rozzo & Sons: A seafood wholesaler with approximately 20 employees and an estimated revenue of $5.3 million.

SKS International: Specializes in seafood distribution, employing around 10 individuals with an estimated revenue of $3.3 million.

Seattle Seafoods Market: A local seafood supplier with 7 employees and an estimated revenue of $1.1 million.

United Shellfish: A larger competitor with 39 employees and an estimated revenue of $15.6 million.

Frank Hopkins: A seafood distributor with 10 employees and an estimated revenue of $2.9 million.

Strategic Collaborations and Partnerships

SOGDA Limited has established a representative office in Qingdao, China, to enhance its presence in the Asian market. This office focuses on value-added production and marketing seafood to the local Chinese market. Additionally, the company participates in major seafood industry expos, including: