About HeyFood
HeyFood is a company based in Ibadan (Nigeria) founded in 2021 by Akinropo Taiwo. HeyFood has raised $125 thousand across 1 funding round from investors including Y Combinator. HeyFood operates in a competitive market with competitors including Paytm, MoneyGram, OPay, Chowdeck and Xend Finance, among others.
- Headquarter Ibadan, Nigeria
- Founders Akinropo Taiwo
- SectorsConsumerFinancial Services
- Email••••••••
- Website heyfood.africa
- Social LinkedIn X Facebook
- Total Equity Funding$125K (USD)
in 1 rounds
- Latest Funding Round$125K (USD), Seed
Jan 2022
- Investors
Funding Insights of HeyFood
HeyFood has successfully raised a total of $125K through 1 strategic funding round. The most recent funding activity was a Seed round of $125 thousand completed in January 2022. 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 $125,000
- Total Rounds 1
- Last Round Seed — $125,000
- First Round $125,000
(Jan 2022)
- Investors Count 1
All 1 funding rounds of HeyFood with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan 2022 | $125,000 | Seed | – | Y Combinator | – |
1 investors in total: 1 institutional.
Investors in HeyFood
HeyFood has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Y Combinator.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early-stage startups are accelerated via funding and educational programs. | – | ycombinator.com | Mountain View, United States |
Investor details for HeyFood
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
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People of HeyFood
1 people are tracked at HeyFood (1 in leadership).
| Name | Role | Group |
|---|---|---|
Akinropo Taiwo | Co-Founder & CEO | Leadership |
Complete people profiles for HeyFood
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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- Team structure
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Timeline of HeyFood
2 dated milestones of HeyFood across 1 years, from founding to its latest funding, stage changes and deals.
- Founded HeyFood is founded.
- Funding First funding round of $125K.
Competitors of HeyFood
HeyFood 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 Paytm, MoneyGram, OPay, Chowdeck and Xend Finance, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| paytm.com | 2000 | Noida, India | $4.14B | 14,760 | Digital payments, financial services, and e-commerce platforms are provided. | |
| moneygram.com | 1940 | Dallas, United States | – | – | Cross-border payments are enabled via wallet solutions for consumers. | |
| opayweb.com | 2018 | Lagos, Nigeria | $570M | – | Wallet-enabled payments are facilitated for consumers and businesses. | |
| chowdeck.com | 2021 | Lagos, Nigeria | $11.63M | – | Chowdeck is engaged in food and grocery delivery services. | |
| xend.finance | 2019 | Lagos, Nigeria | $2M | – | DeFi savings are enabled for credit unions and cooperatives. | |
| carepay.com | 2015 | Amsterdam, Netherlands | $61.81M | – | Provider of a health insurance platform for global insurers | |
| getfoodcourt.com | 2021 | Lagos, Nigeria | $125,000 | – | Food delivery services are offered via a mobile application. | |
| remita.net | 2006 | Lagos, Nigeria | – | – | An app-based digital wallet providing payment solutions for individuals and businesses. | |
| thankucash.com | 2018 | Lagos, Nigeria | $5.95M | – | Reward-based digital wallet for secure consumer payments. |
Detailed competitors of HeyFood
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of HeyFood
The website of HeyFood (heyfood.africa) receives about 19.4K visits a month.
- Monthly visits19.4K
▲ 6.7% vs previous month
Latest news on Heyfood
Complete news archive for HeyFood
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
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Similar companies to HeyFood
10 companies that operate in the same segment as HeyFood (Food & Beverage Platforms), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Online platform food ordering and delivery service | 2008 | Gurugram, Haryana, India | USD 1.69 B | USD 5.79 B | 7,780 | |
Food and grocery deliveries are facilitated through an app-based platform. | 2013 | San Francisco, California, United States | USD 2.47 B | USD 10.72 B | 23,700 | |
Food and grocery items are ordered via an online network. | 2014 | Bengaluru, Karnataka, India | USD 3.54 B | USD 2.46 B | 4,490 | |
Online marketplace offering multi-category grocery products | 2015 | Barcelona, Catalonia, Spain | USD 1.16 B | – | – | |
Food and market delivery services are provided by iFood. | 2011 | Sao Paulo, Brazil | USD 590.8 M | – | – | |
Platform for discovering and sharing local businesses | 2004 | San Francisco, California, United States | USD 56 M | USD 1.46 B | 5,120 | |
Restaurant operations are managed via a cloud-based platform. | 2011 | Boston, Massachusetts, United States | USD 1.15 B | USD 6.15 B | 5,700 | |
Online platform offering discovery of local deals, experiences, and rewards | 2015 | Gurugram, Haryana, India | USD 105.82 M | USD 37.82 M | 414 | |
Wolt is operated as a delivery platform for food and groceries. | 2014 | Helsinki, Finland | USD 827.96 M | – | – | |
Food delivery services are offered in major Indian cities. | 2012 | Mumbai, Maharashtra, India | USD 97.72 M | USD 39.01 M | 3,150 |
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Frequently Asked Questions about HeyFood
HeyFood was founded in 2021 and raised its 1st funding round 1 year after it was founded.
HeyFood is headquartered in Ibadan, Nigeria. It is registered at Ibadan, Oyo, Nigeria.
Akinropo Taiwo is the current CEO of HeyFood. They have also founded this company.
HeyFood is a funded company, having raised a total of $125K across 1 funding round to date. The company's 1st funding round was a Seed of $125K, raised on Jan 2022.
Online platform offering food ordering and delivery services. The platform allows users to discover local restaurants for on-demand delivery or in-store pickup from restaurants, nearby grocery, convenience stores, and more. The company offers mobile applications for Android and iOS platforms.
HeyFood has 1 investor. Key investors include Y Combinator.