About Factor Meals
Factor Meals is a company based in Toronto (Canada) founded in 2021. It operates as a D2C, and B2C. Factor Meals offers products and services including Prepared Meals and Meal Plans. Factor Meals operates in a competitive market with competitors including FreshMint, Easy Platter, Chef on Call, Lapiat and Vittle, among others.
- Headquarter Toronto, Canada
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AgricultureRetail
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Products & Services of Factor Meals
Factor Meals offers a comprehensive portfolio of products and services, including Prepared Meals and Meal Plans. 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.
Weekly delivery of fresh, chef-crafted meals for various dietary preferences.
Customizable plans with breakfasts, snacks, and meals delivered directly.
Funding Insights of Factor Meals
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Investments & Acquisitions by Factor Meals
| 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 - Factor Meals
| 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 |
Factor Meals Comparisons
Competitors of Factor Meals
Factor Meals 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 FreshMint, Easy Platter, Chef on Call, Lapiat and Vittle, 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 |
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| domain | founded_year | HQ Location |
Internet first restaurant delivering fresh food
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| domain | founded_year | HQ Location |
Chef-prepared meals are offered via an online platform.
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| domain | founded_year | HQ Location |
Provides food delivery, online ordering, catering, and loyalty rewards for customers.
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| domain | founded_year | HQ Location |
An online platform for ordering gourmet meals conveniently.
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| domain | founded_year | HQ Location |
Delivers fresh, customizable meals with daily options in Ottawa and Gatineau.
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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 Factor Meals
Frequently Asked Questions about Factor Meals
When was Factor Meals founded?
Factor Meals was founded in 2021.
Where is Factor Meals located?
Factor Meals is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.
What does Factor Meals do?
Factor offers ready-to-eat meal delivery services, featuring a weekly menu of over 35 healthy options prepared by chefs and dietitians. Meals are delivered fresh to customers doors in insulated boxes, accommodating various dietary needs like Keto and Vegan. Based in Mississauga, Ontario, the company sources local ingredients and allows easy subscription management, serving individuals and teams with nutritious, convenient meals.
Who are the top competitors of Factor Meals?
Factor Meals's top competitors include FreshMint, Easy Platter and Chef on Call.
What products or services does Factor Meals offer?
Factor Meals offers Prepared Meals and Meal Plans.