About Chef's Plate
Chef's Plate is a company based in Toronto (Canada) founded in 2014 was acquired by HelloFresh in October 2018.. Chef's Plate has raised $15.82 million across 4 funding rounds from investors including HelloFresh, Comerica and Acton Capital. The company has 31 employees as of December 31, 2024. Chef's Plate offers products and services including Meal Kits. Chef's Plate operates in a competitive market with competitors including Fresh Prep, Goodfood, Vegano Foods, Relish and Roots and Plenty-Full, among others.
- Headquarter Toronto, Canada
- Employees 31 as on 31 Dec, 2024
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Sectors
Retail
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Email
***********
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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
$15.82 M (USD)
in 4 rounds
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Latest Funding Round
$7.82 M (USD), Series C
Nov 29, 2017
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Investors
HelloFresh
& 5 more
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Employee Count
31
as on Dec 31, 2024
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Acquired by
HelloFresh
(Oct 17, 2018)
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Products & Services of Chef's Plate
Chef's Plate offers a comprehensive portfolio of products and services, including Meal Kits. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Delivers fresh ingredients and recipes for quick home meal preparation
Funding Insights of Chef's Plate
Chef's Plate has successfully raised a total of $15.82M across 4 strategic funding rounds. The most recent funding activity was a Series C round of $7.82 million completed in November 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 Total Funding
- Total Rounds 4
- Last Round Series C — $7.8M
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First Round
First Round
(14 Oct 2015)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2017 | Amount | Series C - Chef's Plate | Valuation | Acton Capital , InvestEco |
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| Dec, 2016 | Amount | Series B - Chef's Plate | Valuation |
investors |
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| Sep, 2016 | Amount | Series B - Chef's Plate | Valuation | Acton Capital |
| 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 Chef's Plate
Chef's Plate has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include HelloFresh, Comerica and Acton Capital. 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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Tech-enabled companies are invested in by Acton Capital venture firm.
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Founded Year | Domain | Location | |
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Venture capital is invested in North American tech companies.
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Founded Year | Domain | Location | |
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New consumer brands are incubated and accelerated from inception.
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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 Chef's Plate
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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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.
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2016 |
Financial Statements - Chefs Plate
| 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 |
Chef's Plate Comparisons
Competitors of Chef's Plate
Chef's Plate 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 Fresh Prep, Goodfood, Vegano Foods, Relish and Roots and Plenty-Full, 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 |
Online platform to buy recipe box with pre-prepped ingredients
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| domain | founded_year | HQ Location |
Recipe boxes with pre-prepped ingredients are ordered via online platform.
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| domain | founded_year | HQ Location |
Plant-based meal kits are delivered via an online platform.
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| domain | founded_year | HQ Location |
Ready-to-go meal kits with vegetable-forward recipes are delivered weekly.
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| domain | founded_year | HQ Location |
An online platform specializing in convenient meal kit delivery for customers.
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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 Chef's Plate
Frequently Asked Questions about Chef's Plate
When was Chef's Plate founded?
Chef's Plate was founded in 2014 and raised its 1st funding round 1 year after it was founded.
Where is Chef's Plate located?
Chef's Plate is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.
Is Chef's Plate a funded company?
Chef's Plate is a funded company, having raised a total of $15.82M across 4 funding rounds to date. The company's 1st funding round was a Series B of $6M, raised on Oct 14, 2015.
How many employees does Chef's Plate have?
As of Dec 31, 2024, the latest employee count at Chef's Plate is 31.
What does Chef's Plate do?
Chefs Plate was founded in 2014 in Toronto, Canada, within the meal delivery sector. Fresh, pre-portioned ingredients and step-by-step recipes are supplied through recipe boxes, allowing meals to be prepared at home. Pricing is set at 12.50 per plate. Operations are confined to the Greater Toronto Area as of February 2015, with deliveries focused on enabling straightforward home meal assembly.
Who are the top competitors of Chef's Plate?
Chef's Plate's top competitors include Fresh Prep, Goodfood and Vegano Foods.
What products or services does Chef's Plate offer?
Chef's Plate offers Meal Kits.
Who are Chef's Plate's investors?
Chef's Plate has 6 investors. Key investors include HelloFresh, Comerica, Acton Capital, InvestEco, and ECP Growth.
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