About Chefmarket
Chefmarket is a Retail company based in Moscow (Russia) founded in 2012. Meal kits with pre-portioned ingredients are provided for home cooking. Chefmarket has raised $10.1 million across 5 funding rounds from investors including Mitsui & Co, AddVenture and Moscow Seed Fund. Chefmarket was last valued at $25 million in November 2015. Its website chefmarket.ru draws about 1.5 million monthly visits. Its focus areas include Food and Agriculture Tech, Online Grocery, B2C Ecommerce and Recipe Box. Its competitors include Elementaree, Yandex.Shef and VkusNaDom; 1 of its 3 listed competitors has raised funding.
Company details
Founded in 2012, ChefMarket operates as an internet-first provider in the meal kit sector from Moscow, Russia. Recipes developed by Russian and West-European chefs are featured, along with pre-portioned ingredients and step-by-step instructions. Subscription-based delivery services are available, covering Moscow, St. Petersburg, Nizhny Novgorod, Leningrad, and surrounding regions. A mobile application supports Android and iOS platforms for order management.
- Headquarters Moscow, Russia
- Stage Minicorn
- SectorsRetail
- Website category Food and Drink · Cooking and Recipes
- Email••••••••
- Website chefmarket.ru
- Social LinkedIn X Facebook
- Total Equity Funding$10.1M (USD)
in 5 rounds
- Latest Funding Round$3.5M (USD), Series A
Jul 2017
- InvestorsMitsui & Co.
& 2 more
Funding Insights of Chefmarket
Chefmarket has successfully raised a total of $10.1M across 5 strategic funding rounds. The most recent funding activity was a Series A round of $3.5 million completed in July 2017. 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 $10.1M
- Total Rounds 5
- Last Round Series A — $3.5M
- Investors Count 3
All 5 funding rounds of Chefmarket with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul 2017 | $3.5M | Series A | – | Mitsui | – |
| Jun 2016 | $1.3M | Series A | – | Mitsui | – |
| Nov 2015 | $5M | Series A | $25M | AddVenture | – |
| Jul 2014 | $300,000 | Seed | – | Moscow Seed Fund | |
| Dec 2013 | Seed | – | AddVenture | – |
| Date | Valuation | Stage |
|---|---|---|
| Nov 2015 | $25M | •••••••• |
Last known valuation $25M (Nov 2015). 3 investors in total: 3 institutional.
Investors in Chefmarket
Chefmarket has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include Mitsui & Co, AddVenture and Moscow Seed Fund.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Tech companies in Russia are funded by AddVenture VC firm. | addventure.vc | Moscow, Russia | ||
Venture debt is provided to early-stage tech startups in Russia. | mosinnov.ru | Moscow, Russia | ||
Traditional conglomerate services are provided across multiple sectors by Mitsui. | 1947 | mitsui.com | Chiyoda City, Japan |
Investor details for Chefmarket
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People of Chefmarket
1 people are tracked at Chefmarket (1 in leadership).
| Name | Role | Group |
|---|---|---|
Sergey Ashin | Founder & CEO | Leadership |
Complete people profiles for Chefmarket
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Timeline of Chefmarket
4 dated milestones of Chefmarket across 5 years, from founding to its latest funding, stage changes and deals.
- Founded Chefmarket is founded.
- Funding First funding round.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Series A, of $3.5M.
Competitors of Chefmarket
Chefmarket has 3 listed competitors in our database, 1 of them funded. They include Elementaree, Yandex.Shef and VkusNaDom.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| elementaree.ru | 2013 | Moscow, Russia | $7M | Ready-to-eat meal kits are delivered via subscription service. | ||
| chef.yandex | 2014 | Moscow, Russia | Internet first brand for recipe boxes | |||
| vkusnadom.ru | 2014 | Saint Petersburg, Russia | Meal kit delivery service |
Detailed competitors of Chefmarket
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- Full competitor set
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Web traffic of Chefmarket
The website of Chefmarket (chefmarket.ru) receives about 1.5M visits a month and ranks #57,533 among all websites worldwide, #1,667 in Cooking and Recipes.
- Monthly visits1.5M
▲ 9.9% vs previous month
- Unique visitors864.5K
per month
- Global rank#57,533
among all websites
- Category rank#1,667
Food and Drink · Cooking and Recipes
- Bounce rate43%
- Pages per visit1.3
- Average visit41 sec
- DevicesDesktop 15% · Mobile 85%
Websites whose visitors overlap most with Chefmarket. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
1000.menu | 1000.menu | 100% | #2,595 | – | |
gastronom.ru | gastronom.ru | 98% | #3,515 | – | |
povar.ru | povar.ru | 97% | #5,773 | – | |
food.ru | food.ru | 97% | #7,439 | – | |
edimdoma.ru | edimdoma.ru | 95% | #13,782 | – | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for Chefmarket
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- 40 similar websites
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Related news about Chefmarket
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Frequently Asked Questions about Chefmarket
Chefmarket was founded in 2012 and raised its 1st funding round 1 year after it was founded.
Chefmarket is headquartered in Moscow, Russia.
Chefmarket is a funded company, having raised a total of $10.1M across 5 funding rounds to date.
Founded in 2012, ChefMarket operates as an internet-first provider in the meal kit sector from Moscow, Russia. Recipes developed by Russian and West-European chefs are featured, along with pre-portioned ingredients and step-by-step instructions. Subscription-based delivery services are available, covering Moscow, St. Petersburg, Nizhny Novgorod, Leningrad, and surrounding regions. A mobile application supports Android and iOS platforms for order management.
Chefmarket's top competitors include Elementaree, Yandex.Shef and VkusNaDom.
Chefmarket has 3 investors. Key investors include Mitsui & Co, AddVenture, and Moscow Seed Fund.
The valuation of Chefmarket is $25M as of Nov 2015.
The website of Chefmarket receives about 1.5 million visits a month and ranks #57,533 among all websites worldwide.