About Frichti
Frichti is a company based in Paris (France) founded in 2015 was acquired by Gorillas in March 2022. It operates as a On-Demand Services. Frichti has raised $48.2 million across 3 funding rounds from investors including Gorillas, Idinvest Partners and Felix Capital. Frichti offers products and services including Food Delivery and Frichti At Work. Frichti operates in a competitive market with competitors including My Slimming Basket and FamilEat, among others.
- Headquarter Paris, France
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Sectors
Consumer
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Phone
*********
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Website
*********
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Social
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Annual Revenue
$5.65 M (USD)1612as on Dec 31, 2016
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Net Profit
$-6.73 M (USD)-1030as on Dec 31, 2016
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EBITDA
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Total Equity Funding
$48.2 M (USD)
in 3 rounds
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Latest Funding Round
$33.7 M (USD), Series B
May 23, 2017
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Investors
Gorillas
& 7 more
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Employee Count
Employee Count
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Acquired by
Gorillas
(Mar 10, 2022)
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Products & Services of Frichti
Frichti offers a comprehensive portfolio of products and services, including Food Delivery and Frichti At Work. 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.
Ultra-fresh homemade dishes delivered in 20 minutes.
Connected fridges and catering solutions for professionals.
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Funding Insights of Frichti
Frichti has successfully raised a total of $48.2M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $33.7 million completed in May 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 3
- Last Round Series B — $33.7M
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First Round
First Round
(10 Nov 2015)
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2017 | Amount | Series B - Frichti | Valuation | Felix Capital , Verlinvest | |
| Mar, 2016 | Amount | Series A - Frichti | Valuation | Idinvest Partners | |
| Nov, 2015 | Amount | Seed - Frichti | Valuation | Alven |
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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 Frichti
Frichti has secured backing from 8 investors, including venture fund and angel investors. Prominent investors backing the company include Gorillas, Idinvest Partners and Felix 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 companies are funded by this London-based venture capital firm.
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Founded Year | Domain | Location | |
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Equity investments are provided to low and middle market companies.
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Founded Year | Domain | Location | |
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Early-stage investments are targeted by Alven, a venture capital firm.
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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 Frichti
| 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 - Frichti
| 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 |
Frichti Comparisons
Competitors of Frichti
Frichti 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 My Slimming Basket and FamilEat, 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 |
Operates as an online-first restaurant platform for convenient food ordering and delivery.
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| domain | founded_year | HQ Location |
Functions as an internet-first restaurant for convenient dining.
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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 Frichti
Frequently Asked Questions about Frichti
When was Frichti founded?
Frichti was founded in 2015.
Where is Frichti located?
Frichti is headquartered in Paris, France.
Is Frichti a funded company?
Frichti is a funded company, having raised a total of $48.2M across 3 funding rounds to date. The company's 1st funding round was a Seed of $1.1M, raised on Nov 10, 2015.
What is the annual revenue of Frichti?
Annual revenue of Frichti is $5.65M as on Dec 31, 2016.
What does Frichti do?
Frichti is focused on providing ultra-fresh, homemade dishes with rapid delivery, primarily in Paris and surrounding areas. Services are extended to corporate clients through Frichti At Work, offering connected fridges, canteen solutions, and catering for professionals. The company operates in the food delivery sector, targeting food lovers seeking convenient and quality meal options.
Who are the top competitors of Frichti?
Frichti's top competitors include My Slimming Basket and FamilEat.
What products or services does Frichti offer?
Frichti offers Food Delivery and Frichti At Work.
Who are Frichti's investors?
Frichti has 8 investors. Key investors include Gorillas, Idinvest Partners, Felix Capital, Alven, and Verlinvest.
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