About Foodout
Foodout is a company based in Vilnius (Lithuania) founded in 2014. It operates as a B2C, and D2C. Foodout has raised $1.14 million across 1 funding round from investors including Chernovetskyi Investment Group. Foodout has completed 1 acquisition, including Eda.ua. Foodout offers products and services including Blog Articles, Travel Guides, and Beauty Tips. Foodout operates in a competitive market with competitors including Wolt, Ziticity and Okay LT, among others.
- Headquarter Vilnius, Lithuania
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Sectors
Media & Entertainment
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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
$1.14 M (USD)
in 1 rounds
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Latest Funding Round
$1.14 M (USD), Seed
Jul 04, 2017
- Investors
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Employee Count
Employee Count
- Investments & Acquisitions
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Products & Services of Foodout
Foodout offers a comprehensive portfolio of products and services, including Blog Articles, Travel Guides, and Beauty Tips. 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.
Informative posts on food and travel topics
Guides to destinations like Los Angeles
Practical tips for beauty routines
Funding Insights of Foodout
Foodout has successfully raised a total of $1.14M through 1 strategic funding round. The most recent funding activity was a Seed round of $1.14 million completed in July 2017. 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 Seed — $1.1M
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First Round
First Round
(04 Jul 2017)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2017 | Amount | Seed - Foodout | Valuation | Chernovetskyi Investment Group |
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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 Foodout
Foodout has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Chernovetskyi Investment Group. 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 & Offline focused VC firm funding companies in East Europe
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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 Foodout
Foodout has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Eda.ua. 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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Online platform to order food from the partnered restaurant
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2014 |
| 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 - Foodout
| 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 |
Foodout Comparisons
Competitors of Foodout
Foodout 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 Wolt, Ziticity and Okay LT, 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 |
Wolt is operated as a delivery platform for food and groceries.
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| domain | founded_year | HQ Location |
Offers on-demand hyperlocal food delivery services for consumers.
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| domain | founded_year | HQ Location |
Offers coupons and deals for restaurants, cafes, and bars.
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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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Frequently Asked Questions about Foodout
When was Foodout founded?
Foodout was founded in 2014 and raised its 1st funding round 3 years after it was founded.
Where is Foodout located?
Foodout is headquartered in Vilnius, Lithuania.
Is Foodout a funded company?
Foodout is a funded company, having raised a total of $1.14M across 1 funding round to date. The company's 1st funding round was a Seed of $1.14M, raised on Jul 04, 2017.
What does Foodout do?
The Hangry Girly operates as a blog providing articles and recommendations on food places, travel destinations, beauty advice, and lifestyle trends. It shares insights through written content, recipes, and guides, targeting readers interested in urban experiences. Based in Los Angeles, it engages audiences with practical tips on daily life improvements, such as easy recipes and shopping spots, without promotional bias.
Who are the top competitors of Foodout?
What products or services does Foodout offer?
Foodout offers Blog Articles, Travel Guides, and Beauty Tips.
How many acquisitions has Foodout made?
Foodout has made 1 acquisition, including Eda.ua.
Who are Foodout's investors?
Foodout has 1 investor. Key investors include Chernovetskyi Investment Group.