About Fooda
Fooda is a company based in Chicago (United States) founded in 2011 by Shane Jones and Orazio Buzza.. Fooda has raised $31.18 million across 4 funding rounds from investors including Lightbank, Valor Equity Partners and KGC Capital. Fooda has completed 1 acquisition, including Peachd. Fooda offers products and services including Mobile App, Popup Restaurants, Lunch Delivery, and Catering for Events. Fooda operates in a competitive market with competitors including ezCater, ZeroCater, EAT Club, Zesty and Crafty, among others.
- Headquarter Chicago, United States
- Founders Shane Jones, Orazio Buzza
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Sectors
ConsumerBusiness Services Retail
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Email
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Phone
*********
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Website
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Social
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Products & Services of Fooda
Fooda offers a comprehensive portfolio of products and services, including Mobile App, Popup Restaurants, Lunch Delivery, and Catering for Events. 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.
App for daily menus, rewards, and mobile ordering of workplace meals.
Daily events bringing restaurant meals to offices for employee variety.
Delivery of boxed lunches and events to corporate locations.
Organized catering for meetings and company events at workplaces.
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Operations Team
26 people
Sales and Marketing
22 people
Leadership Team
9 people
Finance and Accounting
5 people
Human Resources and Administration
4 people
Software Development Team
3 people
Senior Team
2 people
Catering Team
2 people
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Funding Insights of Fooda
Fooda has successfully raised a total of $31.18M across 4 strategic funding rounds. The most recent funding activity was a Series C round of $7.75 million completed in August 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 Funding
- Total Rounds 4
- Last Round Series C — $7.8M
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First Round
First Round
(26 Nov 2013)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2023 | Amount | Series C - Fooda | Valuation |
investors |
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| Sep, 2017 | Amount | Series C - Fooda | Valuation | Valor Equity Partners | |
| Feb, 2016 | Amount | Series B - Fooda | Valuation |
investors |
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| 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 Fooda
Fooda has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Lightbank, Valor Equity Partners and KGC 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.
| Investor | Description | Founded Year | Domain | Location |
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Tech focused seed & early stage VC firm investing primarily in the US
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Founded Year | Domain | Location | |
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Private equity firm
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Founded Year | Domain | Location | |
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Venture capital fund investing in multiple sectors
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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 Fooda
Fooda has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Peachd. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Catering services for corporate offices are provided via text orders.
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2013 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Fooda
| 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 |
Fooda Comparisons
Competitors of Fooda
Fooda 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 ezCater, ZeroCater, EAT Club, Zesty and Crafty, 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 |
Online catering marketplace for enterprises
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| domain | founded_year | HQ Location |
Cafeteria management solutions and corporate catering services are provided.
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| domain | founded_year | HQ Location |
Personalized meals are delivered to offices through an online platform.
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| domain | founded_year | HQ Location |
Dietician-curated healthy meals are delivered in San Francisco.
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| domain | founded_year | HQ Location |
Crafty is engaged in providing office food and beverage solutions.
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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 Fooda
Frequently Asked Questions about Fooda
When was Fooda founded?
Fooda was founded in 2011 and raised its 1st funding round 2 years after it was founded.
Where is Fooda located?
Fooda is headquartered in Chicago, United States. It is registered at Chicago, Illinois, United States.
Who is the current CEO of Fooda?
Orazio Buzza is the current CEO of Fooda. They have also founded this company.
Is Fooda a funded company?
Fooda is a funded company, having raised a total of $31.18M across 4 funding rounds to date. The company's 1st funding round was a Series B of $5.93M, raised on Nov 26, 2013.
What does Fooda do?
Fooda was founded in 2011 in Chicago, United States, operating in the food services sector. An online platform is utilized to connect businesses with local restaurants for lunch catering. Menus are accessed via website, mobile app, or email, with services encompassing delivery, setup, cleanup, insurance handling, and payment processing. Operations focus on group mealtime options for employers across various locations.
What products or services does Fooda offer?
Fooda offers Mobile App, Popup Restaurants, Lunch Delivery, and Catering for Events.
How many acquisitions has Fooda made?
Fooda has made 1 acquisition, including Peachd.
Who are Fooda's investors?
Fooda has 3 investors. Key investors include Lightbank, Valor Equity Partners, and KGC Capital.
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