About Food St.
Food St. is a company based in Sydney (Australia) founded in 2015 by Lorraine Gnanadickam and Sanjay Gnanadickam.. Food St. has raised $500 thousand across 1 funding round from investors including David Hancock. Food St. offers products and services including Ready-made Meals, Meal Bundles, and Gifts and Bundles. Food St. operates in a competitive market with competitors including My Muscle Chef, Youfoodz, Soulara, The Good Meal and NuMeals, among others.
- Headquarter Sydney, Australia
- Founders Lorraine Gnanadickam, Sanjay Gnanadickam
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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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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$500 K (USD)
in 1 rounds
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Latest Funding Round
$500 K (USD), Angel Round
Feb 02, 2021
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Investors
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Employee Count
Employee Count
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Products & Services of Food St.
Food St. offers a comprehensive portfolio of products and services, including Ready-made Meals, Meal Bundles, and Gifts and Bundles. 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.
Pre-prepared frozen meals from various cuisines for easy heating.
Collections of meals for convenient family or individual use.
Themed meal sets for gifting or events like new parents.
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Funding Insights of Food St.
Food St. has successfully raised a total of $500K through 1 strategic funding round. The most recent funding activity was a Angel Round round of $500 thousand completed in February 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 1
- Last Round Angel Round — $500,000
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First Round
First Round
(02 Feb 2021)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2021 | Amount | Angel Round - Food St. | Valuation | David Hancock |
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| 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 |
Investors in Food St.
Food St. has secured backing from 1 investor, including angel investors. Prominent investors backing the company include David Hancock. 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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DH
David Hancock |
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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 Food St.
| 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 - Food St.
| 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 |
Food St. Comparisons
Competitors of Food St.
Food St. 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 My Muscle Chef, Youfoodz, Soulara, The Good Meal and NuMeals, 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 |
Health-focused meals are prepared and delivered via online orders.
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| domain | founded_year | HQ Location |
Meal plans and a-la-carte items are ordered and delivered online.
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| domain | founded_year | HQ Location |
Subscription based internet-first restaurant delivering plant-based meals
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| domain | founded_year | HQ Location |
Provides home-delivered nutritious meals for NDIS, aged care, and everyday users.
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| domain | founded_year | HQ Location |
Healthy meals are ordered via an online platform.
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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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Latest news on Food St.
Frequently Asked Questions about Food St.
When was Food St. founded?
Food St. was founded in 2015 and raised its 1st funding round 6 years after it was founded.
Where is Food St. located?
Food St. is headquartered in Sydney, Australia. It is registered at Sydney, New South Wales, Australia.
Who is the current CEO of Food St.?
Lorraine Gnanadickam is the current CEO of Food St.. They have also founded this company.
Is Food St. a funded company?
Food St. is a funded company, having raised a total of $500K across 1 funding round to date. The company's 1st funding round was a Angel Round of $500K, raised on Feb 02, 2021.
What does Food St. do?
Food St. was founded in 2015 in Sydney, Australia, as a platform in the food delivery sector. A variety of pre-prepared homemade meals, including meat, poultry, vegetarian, seafood, soups, sides, snacks, and desserts, are offered. Meals are selected by users online, with delivery dates and locations specified during ordering. Deliveries are made in insulated, eco-friendly boxes to ensure freshness.
Who are the top competitors of Food St.?
Food St.'s top competitors include My Muscle Chef, Youfoodz and Soulara.
What products or services does Food St. offer?
Food St. offers Ready-made Meals, Meal Bundles, and Gifts and Bundles.
Who are Food St.'s investors?
Food St. has 1 investor. Key investors include David Hancock.