About Ando Food
Ando Food is a company based in Manhattan (United States) founded in 2016 by David Chang was acquired by UberEATS in January 2018.. Ando Food has raised $10.44 million across 1 funding round from investors including Forerunner Ventures, BoxGroup and Wildcat Venture Partners. Ando Food operates in a competitive market with competitors including ClusterTruck, Maple, Le Pain Quotidien, Good Uncle and MiLa, among others.
- Headquarter Manhattan, United States
- Founders David Chang
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Sectors
Consumer
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$10.44 M (USD)
in 1 rounds
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Latest Funding Round
$10.44 M (USD), Series A
Dec 22, 2016
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Investors
Forerunner Ventures
& 14 more
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Employee Count
Employee Count
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Acquired by
UberEATS
(Jan 22, 2018)
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Funding Insights of Ando Food
Ando Food has successfully raised a total of $10.44M through 1 strategic funding round. The most recent funding activity was a Series A round of $10.44 million completed in December 2016. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Series A — $10.4M
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First Round
First Round
(22 Dec 2016)
- Investors Count 14
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2016 | Amount | Series A - Ando Food | Valuation | Forerunner Ventures |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Ando Food
Ando Food has secured backing from 15 investors, including venture fund and angel investors. Prominent investors backing the company include Forerunner Ventures, BoxGroup and Wildcat Venture Partners. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Early-stage investments are directed toward tech startups by Forerunner Ventures.
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Founded Year | Domain | Location | |
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Investing in early-stage tech companies and ideas.
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Founded Year | Domain | Location | |
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Early-stage tech VC investments are made primarily in the US.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Ando Food
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Ando Food
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Ando Food Comparisons
Competitors of Ando Food
Ando Food operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as ClusterTruck, Maple, Le Pain Quotidien, Good Uncle and MiLa, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Food delivery platform on food truck concept
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| domain | founded_year | HQ Location |
Maple is recognized as a workforce management suite for long-term care.
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| domain | founded_year | HQ Location |
Bakery-cafés are operated to offer artisanal breads and pastries.
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| domain | founded_year | HQ Location |
Signature restaurant recipes are licensed, prepared, and delivered via app.
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| domain | founded_year | HQ Location |
Internet-first brand offering street foods
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| domain | founded_year | HQ Location |
A chain of restaurants is operated, providing food and drinks.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Ando Food
Frequently Asked Questions about Ando Food
When was Ando Food founded?
Ando Food was founded in 2016.
Where is Ando Food located?
Ando Food is headquartered in Manhattan, United States. It is registered at Manhattan, New York, United States.
Is Ando Food a funded company?
Ando Food is a funded company, having raised a total of $10.44M across 1 funding round to date. The company's 1st funding round was a Series A of $10.44M, raised on Dec 22, 2016.
What does Ando Food do?
Ando was founded in 2016 in Manhattan, United States, as a delivery-only restaurant focused on the food delivery sector. Operations are conducted entirely online, where users browse menus featuring Asiatic dishes, place orders, and track deliveries via an application. The platform connects customers directly with prepared meals, emphasizing convenience in urban settings without physical dining locations.
Who are the top competitors of Ando Food?
Ando Food's top competitors include MiLa, ClusterTruck and Good Uncle.
Who are Ando Food's investors?
Ando Food has 15 investors. Key investors include Forerunner Ventures, BoxGroup, Wildcat Venture Partners, William Lauder, and Neil Blumenthal.
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