About ChefSteps
ChefSteps is a company based in Seattle (United States) founded in 2012 was acquired by Breville in July 2019.. The company has 66 employees as of December 31, 2022. ChefSteps offers products and services including Recipes, Guides and Tools, and Classes. ChefSteps operates in a competitive market with competitors including Tastemade, Fresco, DayDayCook, SideChef and Chefclub, among others.
- Headquarter Seattle, United States
- Employees 66 as on 31 Dec, 2022
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Sectors
Consumer
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Email
***********
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Phone
*********
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Website
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Social
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- Legal Name Chefsteps, Inc.
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Products & Services of ChefSteps
ChefSteps offers a comprehensive portfolio of products and services, including Recipes, Guides and Tools, and Classes. 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.
Collection of over 1,100 step-by-step cooking recipes for home use
Digital tips and tools for understanding cooking techniques
In-depth sessions on advanced cooking methods like sous vide
Funding Insights of ChefSteps
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2014 | Amount | Seed - ChefSteps | Valuation |
investors |
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| 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 ChefSteps
ChefSteps has secured backing from 1 investor. Prominent investors backing the company include Breville. 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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Kitchen appliances are designed and marketed by Breville.
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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 ChefSteps
| 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 - ChefSteps
| 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 |
Chefsteps Comparisons
Competitors of ChefSteps
ChefSteps 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 Tastemade, Fresco, DayDayCook, SideChef and Chefclub, 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 |
Platform offering video-based cooking related learning solutions
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| domain | founded_year | HQ Location |
Recipes for smart appliances are provided through an online platform.
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| domain | founded_year | HQ Location |
DayDayCook is recognized for offering authentic Asian food solutions.
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| domain | founded_year | HQ Location |
Cooking recipes and tips are delivered via a mobile app.
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| domain | founded_year | HQ Location |
App-based platform publishing content focusing on food and beverages
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| domain | founded_year | HQ Location |
Recipes are discovered and browsed on an online platform.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Chefsteps
Frequently Asked Questions about ChefSteps
When was ChefSteps founded?
ChefSteps was founded in 2012 and raised its 1st funding round 2 years after it was founded.
Where is ChefSteps located?
ChefSteps is headquartered in Seattle, United States. It is registered at Seattle, Washington, United States.
How many employees does ChefSteps have?
As of Dec 31, 2022, the latest employee count at ChefSteps is 66.
What does ChefSteps do?
ChefSteps develops online content, tools, and resources to teach cooking. In Nov 2015, announced its expansion into kitchen hardware with Joule, a sous vide immersion circulator. Joule delivers 1100 watts of heating power from a unique, compact heater invented by ChefSteps using thick film technology that operates at 99.8 percent energy efficiency. Joule can be manually controlled with a smartphone using the chefstep app. Price- 299.
Who are the top competitors of ChefSteps?
What products or services does ChefSteps offer?
ChefSteps offers Recipes, Guides and Tools, and Classes.
Who are ChefSteps's investors?
ChefSteps has 1 investor. Key investors include Breville.