About Hey You
Hey You is a company based in Surry Hills (Australia) founded in 2011.. Hey You has raised $10.5 million across 3 funding rounds from investors including Westpac, Reinventure Group and EXTO Partners. Hey You offers products and services including Food Ordering App and Menu Platform. Hey You operates in a competitive market with competitors including heydoor, Greenbank Takeaway, GrubFinder and TuckShop, among others.
- Headquarter Surry Hills, Australia
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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
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Net Profit
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EBITDA
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Total Equity Funding
$10.5 M (USD)
in 3 rounds
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Latest Funding Round
$2 M (USD), Series B
May 17, 2016
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Investors
Westpac
& 2 more
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Employee Count
Employee Count
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Products & Services of Hey You
Hey You offers a comprehensive portfolio of products and services, including Food Ordering App and Menu Platform. 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.
App for selecting and ordering food from nearby venues.
Platform to browse and purchase items like burgers and drinks.
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Funding Insights of Hey You
Hey You has successfully raised a total of $10.5M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $2 million completed in May 2016. 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 — $2.0M
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First Round
First Round
(01 Jun 2015)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2016 | Amount | Series B - Hey You | Valuation | Reinventure Group , Exto Partners |
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| Jan, 2016 | Amount | Series A - Hey You | Valuation | Westpac |
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| Jun, 2015 | Amount | Series A - Hey You | Valuation | Reinventure Group , Exto 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 Hey You
Hey You has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Westpac, Reinventure Group and EXTO Partners. 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 Australian tech companies are invested in by Reinventure Group.
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Founded Year | Domain | Location | |
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A venture capital firm focused on secondary investments in technology companies.
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Founded Year | Domain | Location | |
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Westpac is recognized as a leading Australian banking institution.
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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 Hey You
| 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 - Hey You
| 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 |
Hey You Comparisons
Competitors of Hey You
Hey You 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 heydoor, Greenbank Takeaway, GrubFinder and TuckShop, 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 an online platform for ordering takeaway food from restaurants.
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| domain | founded_year | HQ Location |
An online platform for ordering takeaway food from restaurants.
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| domain | founded_year | HQ Location |
Online directory for searching and discovering local takeaway menus in Australia.
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| domain | founded_year | HQ Location |
A mobile app enabling users to order food conveniently from local tuckshops.
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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 Hey You
When was Hey You founded?
Hey You was founded in 2011 and raised its 1st funding round 4 years after it was founded.
Where is Hey You located?
Hey You is headquartered in Surry Hills, Australia. It is registered at Surry Hills, New South Wales, Australia.
Is Hey You a funded company?
Hey You is a funded company, having raised a total of $10.5M across 3 funding rounds to date. The company's 1st funding round was a Series A of $5M, raised on Jun 01, 2015.
What does Hey You do?
Hey You was founded in 2011 and is headquartered in Surry Hills, Australia. Operations focus on the mobile food ordering sector, where pre-arrival menu browsing, advance ordering, and contactless payments are facilitated to reduce wait times. Loyalty programs and rewards are integrated for merchants, alongside social features connecting customers with restaurants. The platform supports queue-skipping functionality across participating venues.
Who are the top competitors of Hey You?
Hey You's top competitors include heydoor, Greenbank Takeaway and GrubFinder.
What products or services does Hey You offer?
Hey You offers Food Ordering App and Menu Platform.
Who are Hey You's investors?
Hey You has 3 investors. Key investors include Westpac, Reinventure Group, and EXTO Partners.