About iFood
iFood is a company based in Sao Paulo (Brazil) founded in 2011. It operates as a Two-Sided Marketplace, and Commission-Based. iFood has raised $590.8 million across 6 funding rounds from investors including Naspers, Movile and Just Eat. iFood has completed 7 acquisitions, including Advolve, Devorando and Domicilios. iFood offers products and services including Food Delivery and Market Delivery. iFood operates in a competitive market with competitors including DoorDash, Rappi, Delivery Much, Aiqfome and Mais Delivery, among others.
- Headquarter Sao Paulo, Brazil
-
Sectors
Consumer
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Ifood Com Agência De Restaurantes Online S.A.
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of iFood
iFood offers a comprehensive portfolio of products and services, including Food Delivery and Market Delivery. 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.
Food delivery from restaurants is facilitated to customers.
Groceries and essentials are delivered from local markets.
Unlock access to complete
Unlock access to complete
Funding Insights of iFood
iFood has successfully raised a total of $590.8M across 6 strategic funding rounds. The most recent funding activity was a Series F round of $500 million completed in November 2018. 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 6
- Last Round Series F — $500.0M
-
First Round
First Round
(26 Mar 2013)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2018 | Amount | Series F - iFood | Valuation | Innova Capital , Naspers |
|
| Jul, 2016 | Amount | Series E - iFood | Valuation | Just Eat , Movile |
|
| Jun, 2015 | Amount | Series E - iFood | Valuation | Just Eat , Movile |
|
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in iFood
iFood has secured backing from 4 investors, including institutional and venture fund investors. Prominent investors backing the company include Naspers, Movile and Just Eat. 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 |
|---|---|---|---|---|
|
Private equity is invested in mid-sized CEE companies.
|
Founded Year | Domain | Location | |
|
Global investments in early and growth-stage tech firms are conducted.
|
Founded Year | Domain | Location | |
|
Online platform to order food from partnered restaruants
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by iFood
iFood has strategically engaged in corporate development activities, having acquired 7 companies. Notable acquisitions include Advolve, Devorando and Domicilios. 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 |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
AI-driven marketing solutions and campaign automation are provided.
|
2023 | ||||
|
Multi-category grocery products are provided through an online platform.
|
2014 | ||||
|
Mobile platform based restaurant aggregator
|
2013 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
OVO is recognized as a smart digital payment application.
|
2017 | ||||
|
Bionic investment advisor platform
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - iFood
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Ifood Comparisons
Competitors of iFood
iFood 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 DoorDash, Rappi, Delivery Much, Aiqfome and Mais Delivery, 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 |
Food and grocery deliveries are facilitated through an app-based platform.
|
|
| domain | founded_year | HQ Location |
Online food ordering and delivery platform
|
|
| domain | founded_year | HQ Location |
Food ordering and delivery are enabled via an app-based platform.
|
|
| domain | founded_year | HQ Location |
Food is ordered online and delivered from partnered restaurants.
|
|
| domain | founded_year | HQ Location |
Offers app-based hyperlocal delivery services for efficient and comprehensive solutions.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Ifood
Frequently Asked Questions about iFood
When was iFood founded?
iFood was founded in 2011 and raised its 1st funding round 2 years after it was founded.
Where is iFood located?
iFood is headquartered in Sao Paulo, Brazil.
Is iFood a funded company?
iFood is a funded company, having raised a total of $590.8M across 6 funding rounds to date. The company's 1st funding round was a Series E of $50M, raised on Mar 26, 2013.
What does iFood do?
Food and market delivery services are offered by iFood across Brazil. Various sectors including restaurants, grocery stores, pharmacies, and pet shops are covered. Solutions for businesses to register and grow through the platform are provided. Delivery options for beverages and other essentials are also facilitated. A corporate food voucher program with zero fees is included in the offerings.
Who are the top competitors of iFood?
iFood's top competitors include DoorDash, Rappi and Delivery Much.
What products or services does iFood offer?
iFood offers Food Delivery and Market Delivery.
How many acquisitions has iFood made?
iFood has made 7 acquisitions, including Advolve, Devorando, and Domicilios.
Who are iFood's investors?
iFood has 4 investors. Key investors include Naspers, Movile, Just Eat, and Innova Capital.