About FoodScrooge
FoodScrooge is a company based in Toronto (Canada) founded in 2010.. FoodScrooge has raised $203 thousand across 1 funding round. FoodScrooge operates in a competitive market with competitors including Meatme, truLOCAL, Bessie Box, Macelleria Centro Storico and NIKU Farms, among others.
- Headquarter Toronto, Canada
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Sectors
RetailAgriculture
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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
$203 K (USD)
in 1 rounds
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Latest Funding Round
$203 K (USD), Seed
Feb 01, 2011
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Investors
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Employee Count
Employee Count
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Funding Insights of FoodScrooge
FoodScrooge has successfully raised a total of $203K through 1 strategic funding round. The most recent funding activity was a Seed round of $203 thousand completed in February 2011. 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 — $203,000
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First Round
First Round
(01 Feb 2011)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2011 | Amount | Seed - FoodScrooge | 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 |
Investments & Acquisitions by FoodScrooge
| 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 - FoodScrooge
| 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 |
Foodscrooge Comparisons
Competitors of FoodScrooge
FoodScrooge 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 Meatme, truLOCAL, Bessie Box, Macelleria Centro Storico and NIKU Farms, 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 |
Subscription-based meat products are retailed through an online platform.
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| domain | founded_year | HQ Location |
Meat is delivered via an online subscription model.
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| domain | founded_year | HQ Location |
SaaS-based retailer of meat products
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| domain | founded_year | HQ Location |
An online platform specializing in meat delivery services for customers.
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| domain | founded_year | HQ Location |
Delivers pasture-raised meat and fish from local farms via subscription service.
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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 FoodScrooge
When was FoodScrooge founded?
FoodScrooge was founded in 2010 and raised its 1st funding round 1 year after it was founded.
Where is FoodScrooge located?
FoodScrooge is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.
Is FoodScrooge a funded company?
FoodScrooge is a funded company, having raised a total of $203K across 1 funding round to date. The company's 1st funding round was a Seed of $203K, raised on Feb 01, 2011.
What does FoodScrooge do?
FoodScrooge was founded in 2010 in Toronto, Canada, as an online platform in the food sector. Bulk frozen meat and seafood are offered at deep discounts through partnerships with manufacturers for direct consumer sales. Independent retailers are collaborated with to enable customer pick-up options. The company was acquired by WagJag Grocery in October 2011, expanding its grocery services.
Who are the top competitors of FoodScrooge?
FoodScrooge's top competitors include truLOCAL, Meatme and Bessie Box.