About Foodbuy
Foodbuy is a company based in Charlotte (United States) founded in 1999.. Foodbuy has raised $14 million across 3 funding rounds from investors including Kinetic Ventures, Ventures and Capstone Ventures. Foodbuy offers products and services including Procurement Solutions, Flexible Distribution, Purchasing Optimization, and Culinary Consulting. Foodbuy operates in a competitive market with competitors including Burger King, First Watch, Cracker Barrel, Dennys and Bojangles, among others.
- Headquarter Charlotte, United States
-
Sectors
Consumer
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Foodbuy, Llc
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$14 M (USD)
in 3 rounds
-
Latest Funding Round
$1.5 M (USD), Series A
Mar 13, 2000
-
Investors
Kinetic Ventures
& 3 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 Foodbuy
Foodbuy offers a comprehensive portfolio of products and services, including Procurement Solutions, Flexible Distribution, Purchasing Optimization, and Culinary Consulting. 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.
Optimizes purchasing and cost management for businesses
Handles adaptable supply chain logistics for clients
Enhances buying processes to reduce expenses
Provides expertise in foodservice operations
Unlock access to complete
Product Management Team
51 people
Leadership Team
41 people
Senior Team
20 people
Finance and Accounting
18 people
Legal and Compliance
14 people
Software Development Team
10 people
Account Team
8 people
Sales and Marketing
7 people
Unlock access to complete
Funding Insights of Foodbuy
Foodbuy has successfully raised a total of $14M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $1.5 million completed in March 2000. 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 3
- Last Round Series A — $1.5M
-
First Round
First Round
(01 Jun 1999)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2000 | Amount | Series A - Foodbuy | Valuation |
investors |
|
| Jan, 2000 | Amount | Series A - Foodbuy | Valuation |
investors |
|
| Jun, 1999 | Amount | Unspecified - Foodbuy | Valuation |
investors |
| 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 Foodbuy
Foodbuy has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include Kinetic Ventures, Ventures and Capstone 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 |
|---|---|---|---|---|
|
Early-stage investments are made in US companies across key sectors.
|
Founded Year | Domain | Location | |
|
-
|
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 Foodbuy
| 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 - Foodbuy
| 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 |
Foodbuy Comparisons
Competitors of Foodbuy
Foodbuy 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 Burger King, First Watch, Cracker Barrel, Dennys and Bojangles, 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 |
Burgers and fast food are served by a restaurant chain.
|
|
| domain | founded_year | HQ Location |
A chain of limited-service restaurants is operated nationwide.
|
|
| domain | founded_year | HQ Location |
A chain of limited-service restaurants is operated nationwide.
|
|
| domain | founded_year | HQ Location |
A chain of cafes is owned and operated by Denny's.
|
|
| domain | founded_year | HQ Location |
Fast food restaurant chain
|
|
| domain | founded_year | HQ Location |
Owns and operates a chain of cafes
|
| 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 Foodbuy
Frequently Asked Questions about Foodbuy
When was Foodbuy founded?
Foodbuy was founded in 1999.
Where is Foodbuy located?
Foodbuy is headquartered in Charlotte, United States. It is registered at Charlotte, North Carolina, United States.
Is Foodbuy a funded company?
Foodbuy is a funded company, having raised a total of $14M across 3 funding rounds to date. The company's 1st funding round was a Unspecified of $2M, raised on Jun 01, 1999.
What does Foodbuy do?
Foodbuy was established in 1999 as a foodservice provider firm and is based in Charlotte, United States. Operations are centered on procurement, supply chain management, and distribution of food products within the food industry. Services are directed toward businesses, healthcare facilities, and educational institutions to support their dining needs. The companys domain, foodbuy.com, facilitates digital interactions and resource access for clients across the region.
Who are the top competitors of Foodbuy?
Foodbuy's top competitors include Burger King, Cracker Barrel and Bojangles.
What products or services does Foodbuy offer?
Foodbuy offers Procurement Solutions, Flexible Distribution, Purchasing Optimization, and Culinary Consulting.
Who are Foodbuy's investors?
Foodbuy has 4 investors. Key investors include Kinetic Ventures, Ventures, Capstone Ventures, and Salix Ventures.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.