About Food System
Food System is a company based in Palo Alto (United States) founded in 2009 was acquired by Appcelerator in October 2011. It operates as a Two-Sided Marketplace. Food System has raised $3 million across 1 funding round from investors including Benhamou Global Ventures and Axway. The company has 2,830 employees as of December 31, 2019. Food System offers products and services including Food Delivery App. Food System operates in a competitive market with competitors including Replit, Xamarin, Progress, Azul Systems and Ionic, among others.
- Headquarter Palo Alto, United States
- Employees 2830 as on 31 Dec, 2019
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Sectors
Technology
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Hitachi Data Systems Corporation
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$3 M (USD)
in 1 rounds
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Latest Funding Round
$3 M (USD), Series A
Jun 30, 2010
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Investors
Benhamou Global Ventures
& 1 more
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Employee Count
2830
as on Dec 31, 2019
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Acquired by
Appcelerator
(Oct 24, 2011)
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Products & Services of Food System
Food System offers a comprehensive portfolio of products and services, including Food Delivery App. 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.
Food is delivered from favorite restaurants to offices.
Funding Insights of Food System
Food System has successfully raised a total of $3M through 1 strategic funding round. The most recent funding activity was a Series A round of $3 million completed in June 2010. 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 Series A — $3.0M
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First Round
First Round
(30 Jun 2010)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2010 | Amount | Series A - Food System | Valuation |
investors |
| 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 Food System
Food System has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Benhamou Global Ventures and Axway. 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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Venture capital firm investing in AI and cross-border enterprise startups from Silicon Valley.
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Founded Year | Domain | Location | |
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Cloud-based mobile app development solutions are offered.
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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 System
| 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 System
| 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 System Comparisons
Competitors of Food System
Food System 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 Replit, Xamarin, Progress, Azul Systems and Ionic, 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 |
AI powered application development platform
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| domain | founded_year | HQ Location |
Cross-platform application development tools are provided by Xamarin.
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| domain | founded_year | HQ Location |
IDE-based software is provided for application development and management.
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| domain | founded_year | HQ Location |
IDE based app development platform
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| domain | founded_year | HQ Location |
Cloud-based cross-platform application development solutions are provided.
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| domain | founded_year | HQ Location |
Open-source data science tools are developed for teams and enterprises.
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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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Frequently Asked Questions about Food System
When was Food System founded?
Food System was founded in 2009 and raised its 1st funding round 1 year after it was founded.
Where is Food System located?
Food System is headquartered in Palo Alto, United States. It is registered at Palo Alto, California, United States.
Is Food System a funded company?
Food System is a funded company, having raised a total of $3M across 1 funding round to date. The company's 1st funding round was a Series A of $3M, raised on Jun 30, 2010.
How many employees does Food System have?
As of Dec 31, 2019, the latest employee count at Food System is 2,830.
What does Food System do?
A service connecting companies with favorite restaurants for food delivery is facilitated. Orders are placed through an app, with free delivery offered. Discounts of 50 on each order are provided, targeting office workers. The platform operates in the food delivery sector, focusing on convenience and cost-saving solutions.
Who are the top competitors of Food System?
Food System's top competitors include Replit, Posit and Azul Systems.
What products or services does Food System offer?
Food System offers Food Delivery App.
Who are Food System's investors?
Food System has 2 investors. Key investors include Benhamou Global Ventures, and Axway.