About Chowdeck
Chowdeck is a company based in Lagos (Nigeria) founded in 2021 by Femi Aluko, Lanre Yusuf, and Olumide Ojo. It operates as a Two-Sided Marketplace, and On-Demand Services. Chowdeck has raised $11.63 million across 3 funding rounds from investors including Y Combinator, Goodwater Capital and FoundersX Ventures. Chowdeck offers products and services including Food Delivery, Grocery Delivery, and Market Picks. Chowdeck operates in a competitive market with competitors including FoodCourt, HeyFood, Olili Foods, Mealed and KwikFood, among others.
- Headquarter Lagos, Nigeria
- Founders Femi Aluko, Lanre Yusuf, Olumide Ojo
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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
*********
- Legal Name Chowdeck Logistics Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$11.63 M (USD)
in 3 rounds
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Latest Funding Round
$9 M (USD), Series A
Aug 11, 2025
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Investors
Y Combinator
& 10 more
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Employee Count
Employee Count
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Products & Services of Chowdeck
Chowdeck offers a comprehensive portfolio of products and services, including Food Delivery, Grocery Delivery, and Market Picks. 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.
Food delivery from local restaurants is facilitated efficiently.
Groceries are delivered quickly to customers' doorsteps daily.
Fresh market items are sourced and delivered promptly.
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Funding Insights of Chowdeck
Chowdeck has successfully raised a total of $11.63M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $9 million completed in August 2025. 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 3
- Last Round Series A — $9.0M
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First Round
First Round
(01 Jun 2022)
- Investors Count 11
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2025 | Amount | Series A - Chowdeck | Valuation | Novastar Ventures | |
| May, 2024 | Amount | Seed - Chowdeck | Valuation |
investors |
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| Jun, 2022 | Amount | Seed - Chowdeck | Valuation | Y Combinator |
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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 Chowdeck
Chowdeck has secured backing from 11 investors, including venture fund and institutional investors. Prominent investors backing the company include Y Combinator, Goodwater Capital and FoundersX Ventures. 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 startups are accelerated via funding and educational programs.
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Founded Year | Domain | Location | |
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Investments in consumer tech sectors are managed by Goodwater Capital.
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Founded Year | Domain | Location | |
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Early-stage tech-focused VC firm investing 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 Chowdeck
| 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 - Chowdeck
| 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 |
Chowdeck Comparisons
Competitors of Chowdeck
Chowdeck 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 FoodCourt, HeyFood, Olili Foods, Mealed and KwikFood, 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 services are offered via a mobile application.
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| domain | founded_year | HQ Location |
Online platform offering food ordering and delivery services
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| domain | founded_year | HQ Location |
Operates an online platform for seamless delivery of restaurant food to customers.
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| domain | founded_year | HQ Location |
Facilitates online ordering and delivery of meals from restaurants.
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| domain | founded_year | HQ Location |
Offers a platform to discover and order food from restaurants.
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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 Chowdeck
Frequently Asked Questions about Chowdeck
When was Chowdeck founded?
Chowdeck was founded in 2021 and raised its 1st funding round 1 year after it was founded.
Where is Chowdeck located?
Chowdeck is headquartered in Lagos, Nigeria. It is registered at Lagos, Lagos State, Nigeria.
Who is the current CEO of Chowdeck?
Femi Aluko is the current CEO of Chowdeck. They have also founded this company.
Is Chowdeck a funded company?
Chowdeck is a funded company, having raised a total of $11.63M across 3 funding rounds to date. The company's 1st funding round was a Seed of $125K, raised on Jun 01, 2022.
What does Chowdeck do?
Chowdeck is involved in providing on-demand delivery services for food, groceries, and local market items. Operations are focused on connecting customers with restaurants, stores, and pharmacies across urban areas. Solutions include quick delivery of meals, essential supplies, and fresh market picks, supported by a network of riders and vendors. The platform serves sectors like food service and retail, ensuring live order updates and 247 customer support.
Who are the top competitors of Chowdeck?
Chowdeck's top competitors include FoodCourt, HeyFood and ChowCentral.
What products or services does Chowdeck offer?
Chowdeck offers Food Delivery, Grocery Delivery, and Market Picks.
Who are Chowdeck's investors?
Chowdeck has 11 investors. Key investors include Y Combinator, Goodwater Capital, FoundersX Ventures, HoaQ, and Haleakala Ventures.