About Devorando
Devorando is a company based in Novo Hamburgo (Brazil) founded in 2013 was acquired by iFood in February 2016.. Devorando operates in a competitive market with competitors including iFood, Rappi, Delivery Much, Aiqfome and Mais Delivery, among others.
- Headquarter Novo Hamburgo, Brazil
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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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Funding Insights of Devorando
| 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 Devorando
Devorando has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include iFood. 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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Food and market delivery services are provided by iFood.
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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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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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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 Devorando
| 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 - Devorando
| 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 |
Devorando Comparisons
Competitors of Devorando
Devorando 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 iFood, Rappi, Delivery Much, Aiqfome and Mais Delivery, 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 and market delivery services are provided by iFood.
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| domain | founded_year | HQ Location |
Online food ordering and delivery platform
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Food ordering and delivery are enabled via an app-based platform.
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Food is ordered online and delivered from partnered restaurants.
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Offers app-based hyperlocal delivery services for efficient and comprehensive solutions.
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| domain | founded_year | HQ Location |
Online take-away food ordering is operated via digital platforms.
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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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Frequently Asked Questions about Devorando
When was Devorando founded?
Devorando was founded in 2013.
Where is Devorando located?
Devorando is headquartered in Novo Hamburgo, Brazil. It is registered at Novo Hamburgo, Rio Grande Do Sul, Brazil.
What does Devorando do?
Devorando is a mobile platform based marketplace connecting customers with 500 partnered restaurant for meal delivery. Displays menu and the prices of each partnered restaurant. In 2014, the company merged with the startup asked Butler, delivery company focused on the Vale dos Sinos and in December of the same year made the acquisition of the portal What Delivery, also focused on the Vale dos Sinos. As of Feb 2016, the company has presence in over 100 major cities in the country, with more than 7000 active restaurants and 1.3 million monthly requests, resulting in R 850 million to restaurants.
Who are the top competitors of Devorando?
Devorando's top competitors include iFood, Rappi and Delivery Much.
Who are Devorando's investors?
Devorando has 1 investor. Key investors include iFood.