Arcolad

What Arcolad does

Arcolad is a Yerevan-based Armenian chocolate manufacturer operating as a Closed Joint-Stock Company (CJSC/ZAO), founded in 2016 and registered under tax code 00087353. The company specializes in handmade chocolates and chocolate-coated dried fruits, combining locally sourced sun-dried fruits from the Ararat valley and Armenian highlands — apricots, peaches, plums, and figs — with chocolate in cocoa percentages ranging from 34% to 75%. Its portfolio spans four core product lines: plain chocolate bars (including a "Coffee Beans" sub-line, the Mancolad milk chocolate line, and a sugar-free maltitol-based dark chocolate variant), chocolate bars with premium liqueur and cream fillings (Cointreau cream, champagne cream, coffee cream), chocolate-coated dried fruits with optional walnut, marzipan, or milk gianduja additions, and standalone dried fruits.

The business operates almost entirely through direct-to-consumer channels. Its primary storefront, shop.arcolad.am, is offered in Armenian, Russian, and English and accepts MasterCard, Visa, WebMoney, Yandex Money, and QIWI. Domestic distribution is via courier delivery within Yerevan (400 AMD, free over 7,000 AMD, next-day for weekday orders) and a separate manual shipping process for Russia. A second phone line (+374 10 711144) is dedicated to legal entities and individual entrepreneurs for B2B orders including bulk, corporate gifting, and resale. Unit pricing is modest, ranging from approximately 1,650 AMD to 5,130 AMD per SKU (~$4 to ~$13 USD), and the website restricts online ordering to "physical persons" only.

Arcolad is privately held with no disclosed external funding, parent company, or institutional investors, and headcount sits in the 11-50 range. The operational headquarters is at 17/5 Metsarents St., Yerevan 0065 (activity address), with a separate legal address at 16B Gulakyan St., Apt 48. Active storefront, copyright notice covering 2016-2026, and ongoing product catalog maintenance indicate an operating but small-scale artisanal chocolate business rather than a venture- or PE-backed growth company. No revenue, headcount trend, or unit-economic data is publicly disclosed.

Name

Arcolad

Legal name

Arcolad CJSC (Arcolad ZAO/Արկոլադ ՓԲԸ)

Website

https://shop.arcolad.am

Company type

Private

Founded year

2016

Operating status

Operating

Headcount range

11–50 employees

Short description

Arcolad is a Yerevan-based Armenian chocolatier producing handmade chocolate bars, premium-filled chocolates, and chocolate-coated dried fruits from locally sourced Ararat valley fruits, selling direct-to-consumer via shop.arcolad.am with Yerevan courier delivery and a dedicated Russia shipping channel.

Ownership category

akta.pro rank

Headquarters

HQ city

Yerevan

HQ country

Armenia

HQ region

Asia

Offices2 records

Markets served

GTM type

B2C

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Personnel, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Chocolate Product Sales: Direct sales of chocolate products including plain chocolate bars, chocolate-coated dried fruits, chocolates with cream fillings, and dried fruits. One-time purchase model through e-commerce and phone orders.
2. B2C E-commerce: Online store sales to individual consumers (physical persons) with delivery within Yerevan and to Russia.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels1 record

Core offering

Arcolad is an Armenian chocolate manufacturer producing handmade plain chocolate bars (dark and milk, 34%–75% cocoa), chocolate bars with premium cream fillings (Cointreau liqueur, champagne, coffee), chocolate-coated dried fruits (apricots, peaches, plums, figs) combined with walnuts, marzipan, or milk gianduja, and standalone sun-dried fruits sourced from the Ararat valley and Armenian highlands. Products are sold directly to consumers via the shop.arcolad.am e-commerce store and phone orders, with delivery within Yerevan and shipping to Russia.

Product overview

Arcolad is an Armenian chocolatier offering a portfolio of four core product lines: plain chocolate bars in various cocoa percentages (34%-75%), chocolate bars with alcoholic and non-alcoholic cream fillings (coffee, champagne, Cointreau), chocolate-coated dried fruits with optional additions (walnuts, marzipan, milk gianduja), and standalone dried fruits. The products are primarily sold through their online shop with delivery in Yerevan and selective international shipping to Russia.

Differentiator

Problem solved

Functional benefit

Brands

• Mancolad (Մանկոլադ): A milk chocolate product line by Arcolad, featuring 35% cocoa content.
• Coffee Beans (Սուրճի հատիկներ)

Products and services

• Plain Chocolate Bars Handmade plain chocolate bars in dark and milk varieties with cocoa content from 34% to 75%, including the Coffee Beans inclusion line, Mancolad milk chocolate line, and sugar-free maltitol chocolate (55% cocoa). Sold to individual consumers via the online shop with prices ranging from 1,650 AMD (Milk chocolate 150g) to 4,080 AMD (Dark chocolate 75% cocoa 310g).
• Chocolate with Premium Cream Fillings Dark chocolate bars filled with specialty cream flavors including Cointreau liqueur cream (195g), champagne cream (200g), and coffee cream (200g). Targeted at consumers seeking premium liqueur and coffee cream-filled chocolate for gifting and special occasions.
• Chocolate-Coated Dried Fruits Dried fruits including apricot, fig, plum, and peach sourced from the Ararat valley and Armenian highlands, coated in chocolate and combined with additions such as walnuts from Armenian highlands, marzipan, or milk gianduja. Examples: chocolate-coated dried apricot with walnut 220g (2,730 AMD), dried peach with marzipan 250g (5,130 AMD), apricot with milk gianduja 200g (3,240 AMD).
• Plain Dried Fruits Uncoated sun-dried fruits including dried apricot (400g, currently out of stock), dried peach (400g, 2,800 AMD), and dried plum (400g, 2,000 AMD), sourced from the Ararat valley and Armenian highlands. Sold to individual consumers as standalone healthy snack options.

Quantifiable outcome

• Products contain 55-75% cocoa solids in dark chocolate varieties

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Scale indicators3 records

Recent moves5 records

Expansion highlights4 records

Direct peers

• See's Candies: Premium boxed-chocolate and confectionery brand built on heritage and quality positioning; comparable to Arcolad on artisanal/premium price-point strategy and gift-driven customer base.
• Bateel: Premium date-based confectionery brand combining dried fruit with chocolate; the closest analog to Arcolad's chocolate-coated dried fruit platform, with comparable gifting/box positioning and DTC + boutique distribution.
• Leonidas: Belgian premium boxed-chocolate brand with extensive liqueur-cream and filled-chocolate assortment; directly comparable to Arcolad's premium cream-filled and marzipan/gianduja SKUs on product architecture and gifting use case.
• Grand Candy: Armenia's largest domestic confectionery manufacturer; the closest direct competitor to Arcolad in the same market, with overlapping product categories (chocolate bars, boxed assortments, dried-fruit confections) and a much larger production footprint.
• Compartés: Artisanal premium chocolate maker with strong DTC e-commerce and distinctive flavor inclusions; comparable to Arcolad on craft positioning, DTC channel mix, and inclusion-driven product innovation.

Broad incumbents

• Ferrero: Global confectionery incumbent with premium boxed assortments and inclusion-led chocolate products; relevant on product format overlap (filled chocolates, praline-style assortments) and gifting channel dynamics.
• Godiva: Global premium chocolate brand with strong gift-box and liqueur-filled assortment business; comparable to Arcolad on premium boxed/cream-filled product architecture, though at luxury scale and breadth.
• Lindt: Global premium chocolate incumbent with broad portfolio of filled bars, truffles, and gift boxes; relevant comparator for Arcolad on premium positioning and gifting, though Lindt operates at vastly greater scale across many markets.

Emerging players

• Pierre Marcolini: Belgian bean-to-bar premium chocolatier with strong DTC e-commerce and high cocoa-content positioning; comparable to Arcolad on artisanal premium positioning and direct-to-consumer emphasis, though at significantly higher price points.
• Vosges Haut-Chocolat: US-based premium chocolate brand with story-driven, inclusion-focused products (e.g., chili, bacon, exotic spices) sold primarily DTC; analogous to Arcolad on storytelling-led differentiation and premium positioning.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat2 records

Key risks7 records

Key highlights5 records

Customer concentration

• Facebookfacebook.com/arcoladarmenianchocolatier
• LinkedInlinkedin.com/company/arcolad-cjsc

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Arcolad