Fantuan

Burnaby, Canada Founded: 2014 • Age: 12 yrs
Online delivery of restaurant food and assorted products is facilitated.
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About Fantuan

Fantuan is a company based in Burnaby (Canada) founded in 2014 by Randy Wu.. Fantuan has raised $92 million across 4 funding rounds from investors including GrubMarket, Celtic House Asia Partners and Vision Plus Capital. Fantuan operates in a competitive market with competitors including DoorDash, Deliveroo, SkipTheDishes, Grubhub and Postmates, among others.

  • Headquarter Burnaby, Canada
  • Founders Randy Wu
  • Sectors
    Consumer
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Consumer → Food, Beverage & Nutrition
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $92 M (USD)

    in 4 rounds

  • Latest Funding Round
    $40 M (USD), Series C

    Dec 05, 2023

  • Investors
    GrubMarket

    & 11 more

  • Employee Count
    Employee Count
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People of Fantuan
Headcount 500-1000
Employee Profiles 41
Employee Profiles
People
Shaun Xu
Business Manager
People
Haoxuan Zhang
Business Analyst
People
Ruoxi Bingham
Business Development Manager
People
Yu Du
Regional Manager

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Funding Insights of Fantuan

Fantuan has successfully raised a total of $92M across 4 strategic funding rounds. The most recent funding activity was a Series C round of $40 million completed in December 2023. 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 Rounds 4
  • Last Round Series C — $40.0M
  • First Round

    (01 Dec 2018)

  • Investors Count 12
Date Amount Transaction Name Valuation Lead Investors Investors
Dec, 2023 Amount Series C - Fantuan Valuation Celtic House Asia Partners , GrubMarket
Jan, 2021 Amount Series B - Fantuan Valuation Orchid Asia Group
Mar, 2020 Amount Series A - Fantuan Valuation Vision Plus Capital
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Fantuan

Fantuan has secured backing from 12 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include GrubMarket, Celtic House Asia Partners and Vision Plus 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.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Venture capital funding is directed toward multiple sectors.
Founded Year Domain Location
Venture capital fund focused on multiple sectors
Founded Year Domain Location
-
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Fantuan

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Fantuan

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Fantuan Comparisons

Employees
+
Add Comparison
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Competitors of Fantuan

Fantuan 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 DoorDash, Deliveroo, SkipTheDishes, Grubhub and Postmates, 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 grocery deliveries are facilitated through an app-based platform.
domain founded_year HQ Location
Platform offering food and grocery delivery services
domain founded_year HQ Location
On-demand food delivery from restaurants is facilitated online.
domain founded_year HQ Location
Online platform offering food ordering and delivery services
domain founded_year HQ Location
Online platform providing on-demand hyperlocal delivery services
domain founded_year HQ Location
Food ordering and delivery are facilitated via an online platform.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Fantuan

Frequently Asked Questions about Fantuan

When was Fantuan founded?

Fantuan was founded in 2014 and raised its 1st funding round 4 years after it was founded.

Where is Fantuan located?

Fantuan is headquartered in Burnaby, Canada. It is registered at Burnaby, British Columbia, Canada.

Who is the current CEO of Fantuan?

Randy Wu is the current CEO of Fantuan. They have also founded this company.

Is Fantuan a funded company?

Fantuan is a funded company, having raised a total of $92M across 4 funding rounds to date. The company's 1st funding round was a Series A of $12M, raised on Dec 01, 2018.

What does Fantuan do?

Fantuan was established in 2014 in Burnaby, Canada, within the online delivery sector. Services are extended through a mobile app on Android and iOS platforms, focusing on restaurant meals alongside fruits, beverages, snacks, and beauty items. A broader platform is maintained for food delivery, user reviews, e-commerce transactions, advertising, and marketing support, primarily serving Canadian users.

Who are the top competitors of Fantuan?

Fantuan's top competitors include DoorDash, Deliveroo and Grubhub.

Who are Fantuan's investors?

Fantuan has 12 investors. Key investors include GrubMarket, Celtic House Asia Partners, Vision Plus Capital, JSD Capital, and Orchid Asia Group.

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