About Food Market Hub
Food Market Hub is a company based in Petaling Jaya (Malaysia) founded in 2017 by Anthony See.. Food Market Hub has raised $12.5 million across 4 funding rounds from investors including Velocity Ventures, ACV Capital and East Ventures. Food Market Hub offers products and services including Procurement System, Inventory App, and Integrations Tool. Food Market Hub operates in a competitive market with competitors including Toast, Olo, Zenput, UrbanPiper and Tillster, among others.
- Headquarter Petaling Jaya, Malaysia
- Founders Anthony See
-
Sectors
Consumer
-
Phone
*********
-
Website
*********
-
Social
*********
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$12.5 M (USD)
in 4 rounds
-
Latest Funding Round
$8.5 M (USD), Series A
Dec 02, 2021
-
Investors
Velocity Ventures
& 8 more
-
Employee Count
Employee Count
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Food Market Hub
Food Market Hub offers a comprehensive portfolio of products and services, including Procurement System, Inventory App, and Integrations Tool. 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.
Automates ingredient ordering and supplier tracking for F&B businesses.
Tracks stock levels and reduces wastage in real-time for restaurants.
Connects with POS and accounting for seamless data transfer.
Unlock access to complete
Funding Insights of Food Market Hub
Food Market Hub has successfully raised a total of $12.5M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $8.5 million completed in December 2021. 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 4
- Last Round Series A — $8.5M
- First Round First Round
- Investors Count 9
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2021 | Amount | Series A - Food Market Hub | Valuation | AC Ventures | |
| Nov, 2020 | Amount | Series A - Food Market Hub | Valuation | SIG Venture Capital | |
| Sep, 2019 | Amount | Seed - Food Market Hub | Valuation | ScaleUp Endeavor |
|
| 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 Food Market Hub
Food Market Hub has secured backing from 9 investors, including venture fund and institutional investors. Prominent investors backing the company include Velocity Ventures, ACV Capital and East 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 |
|---|---|---|---|---|
|
Tech-enabled businesses across Southeast Asia are supported by ACV Capital.
|
Founded Year | Domain | Location | |
|
Venture capital firm investing in Southeast Asian startups and publishing reports on technology and sustainability.
|
Founded Year | Domain | Location | |
|
Venture capital and acceleration are provided to tech startups.
|
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 Food Market Hub
| 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 - Food Market Hub
| 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 |
Food Market Hub Comparisons
Competitors of Food Market Hub
Food Market Hub 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 Toast, Olo, Zenput, UrbanPiper and Tillster, 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 |
Restaurant operations are managed via a cloud-based platform.
|
|
| domain | founded_year | HQ Location |
Olo is recognized as a restaurant technology platform provider.
|
|
| domain | founded_year | HQ Location |
Zenput is utilized as an operations execution platform for multi-unit operators.
|
|
| domain | founded_year | HQ Location |
Delivery channels management software is provided for restaurants.
|
|
| domain | founded_year | HQ Location |
SaaS solutions for restaurant online ordering and analytics are offered.
|
|
| domain | founded_year | HQ Location |
Online platform for food service supply chains
|
| 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 Food Market Hub
Frequently Asked Questions about Food Market Hub
When was Food Market Hub founded?
Food Market Hub was founded in 2017 and raised its 1st funding round 1 year after it was founded.
Where is Food Market Hub located?
Food Market Hub is headquartered in Petaling Jaya, Malaysia. It is registered at Petaling Jaya, Selangor, Malaysia.
Who is the current CEO of Food Market Hub?
Anthony See is the current CEO of Food Market Hub. They have also founded this company.
Is Food Market Hub a funded company?
Food Market Hub is a funded company, having raised a total of $12.5M across 4 funding rounds to date.
What does Food Market Hub do?
Food Market Hub was established in 2017 in Petaling Jaya, Malaysia, within the food service sector. Inventory, purchases, procurement, suppliers, food costs, and wastage are managed through its cloud platform for restaurants. Real-time reports are generated, and notifications are automatically sent via SMS or email to suppliers and stakeholders. Integration with POS systems and accounting software, including QuickBooks, SQL Accounting, and AutoCount, is enabled.
Who are the top competitors of Food Market Hub?
Food Market Hub's top competitors include Toast, UrbanPiper and SpotOn.
What products or services does Food Market Hub offer?
Food Market Hub offers Procurement System, Inventory App, and Integrations Tool.
Who are Food Market Hub's investors?
Food Market Hub has 9 investors. Key investors include Velocity Ventures, ACV Capital, East Ventures, 500 Global, and Capital Code.