About Foodmap
Foodmap is a company based in Ho Chi Minh City (Vietnam) founded in 2018 by Thai Thanh Stephen.. Foodmap has raised $4.5 million across 3 funding rounds from investors including Wavemaker Partners, Ascend Vietnam Ventures and Beenext. Foodmap operates in a competitive market with competitors including Chopp and MarketOi, among others.
- Headquarter Ho Chi Minh City, Vietnam
- Founders Thai Thanh Stephen
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Sectors
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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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$4.5 M (USD)
in 3 rounds
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Latest Funding Round
$1 M (USD), Seed
Jun 28, 2023
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Investors
Wavemaker Partners
& 3 more
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Employee Count
Employee Count
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Funding Insights of Foodmap
Foodmap has successfully raised a total of $4.5M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $1 million completed in June 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 3
- Last Round Seed — $1.0M
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First Round
First Round
(01 Sep 2020)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2023 | Amount | Seed - Foodmap | Valuation | Vulpes Ventures | |
| Jan, 2022 | Amount | Seed - Foodmap | Valuation | Vulpes Ventures , Beenext | |
| Sep, 2020 | Amount | Seed - Foodmap | Valuation | Wavemaker Partners |
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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 Foodmap
Foodmap has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include Wavemaker Partners, Ascend Vietnam Ventures and Beenext. 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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Early-stage venture capital fund
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Founded Year | Domain | Location | |
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Investments in early-stage technology companies are made by Wavemaker Partners.
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Founded Year | Domain | Location | |
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Venture capital fund backed by corporate office
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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 Foodmap
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
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 - Foodmap
| 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 |
Foodmap Comparisons
Competitors of Foodmap
Foodmap 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 Chopp and MarketOi, 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 |
On-demand grocery shopping and delivery service in Vietnam
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| domain | founded_year | HQ Location |
Online platform to order food
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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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Latest news on Foodmap
Frequently Asked Questions about Foodmap
When was Foodmap founded?
Foodmap was founded in 2018 and raised its 1st funding round 2 years after it was founded.
Where is Foodmap located?
Foodmap is headquartered in Ho Chi Minh City, Vietnam.
Is Foodmap a funded company?
Foodmap is a funded company, having raised a total of $4.5M across 3 funding rounds to date. The company's 1st funding round was a Seed of $500K, raised on Sep 01, 2020.
What does Foodmap do?
Foodmap was founded in 2018 in Ho Chi Minh City, Vietnam, as an online platform in the grocery sector. A range of products including vegetables, fruits, fresh seafood, spices, coffee, tea, and others is offered. Operations are supported by mobile applications available on Android and iOS platforms, facilitating access for users in the region.
Who are Foodmap's investors?
Foodmap has 4 investors. Key investors include Wavemaker Partners, Ascend Vietnam Ventures, Beenext, and Vulpes Ventures.