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 8 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.
Products & Services of iFood
iFood offers a comprehensive portfolio of products and services, including Food Delivery and Market Delivery.
Food delivery from restaurants is facilitated to customers.
Groceries and essentials are delivered from local markets.
Apps and channels of iFood
iFood publishes 1 mobile app with over 100M+ downloads; its YouTube channel iFood has 590K subscribers and 30 videos.
Videos from iFood
The most watched videos on iFood's YouTube channel, iFood (590K subscribers). Click a video to play it here.
More on iFood.
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 $590.8M
- Total Rounds 6
- Last Round Series F — $500.0M
- First Round $2.8M
(26 Mar 2013)
- Investors Count 4
All 6 funding rounds of iFood with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
4 investors in total: 4 institutional.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Private equity is invested in mid-sized CEE companies. | – | innovacap.com | Warsaw, Poland | |
Global investments in early and growth-stage tech firms are conducted. | 1915 | naspers.com | Cape Town, South Africa | |
Online platform to order food from partnered restaruants | – | just-eat.com | London, United Kingdom | |
Investments are focused on food delivery, ticketing, and logistics sectors. | 1998 | movile.com.br | Sao Paulo, Brazil |
Investor details for iFood
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People of iFood
1 people are tracked at iFood (1 in team).
| Name | Role | Group |
|---|---|---|
Fabricio Bloisi | Chairman Of The Board | Team |
Complete people profiles for iFood
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Investments & Acquisitions by iFood
iFood has strategically engaged in corporate development activities, having acquired 8 companies. Notable acquisitions include Advolve, Devorando and Domicilios.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
AI-driven marketing solutions and campaign automation are provided. | advolve.ai | Sao Paulo, Brazil | 2023 | – | •••• | |
Platform for discover and reserve restaurants | getinapp.com.br | Brazil | 2014 | – | •••• | |
Multi-category grocery products are provided through an online platform. | sitemercado.com.br | Sao Paulo, Brazil | 2014 | – | •••• | |
Mobile platform based restaurant aggregator | devorando.com.br | Novo Hamburgo, Brazil | 2013 | – | •••• | |
Platform offering on-demand food delivery services | spoonrocket.com | Berkeley, United States | 2013 | – | •••• | |
E-commerce solutions for restaurants are provided by eComanda. | ecomanda.com.br | Sao Paulo, Brazil | 2013 | – | •••• | |
Food delivery is ordered from restaurants via an online platform. | domicilios.com | Bogota, Colombia | 2012 | – | •••• | |
Hekima is engaged in providing IT services and staffing solutions. | hekima.com | – | 0 | – | •••• |
Complete acquisition details for iFood
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Timeline of iFood
3 dated milestones of iFood across 7 years, from founding to its latest funding, stage changes and deals.
- Founded iFood is founded.
- Funding First funding round of $2.8M.
- Funding Latest funding round, Series F, of $500.0M.
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.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| doordash.com | 2013 | San Francisco, United States | $2.5B | 23,700 | Food and grocery deliveries are facilitated through an app-based platform. | |
| rappi.com | 2015 | Mexico | $2.5B | – | Online food ordering and delivery platform | |
| deliverymuch.com.br | 2011 | Santa Maria, Brazil | – | – | Food ordering and delivery are enabled via an app-based platform. | |
| aiqfome.com | 2007 | – | $97,600 | – | Food is ordered online and delivered from partnered restaurants. | |
| maisdeliveryapp.com.br | 2014 | Blumenau, Brazil | – | – | Offers app-based hyperlocal delivery services for efficient and comprehensive solutions. | |
| sindelantal.mx | 2012 | Mexico | $3.3M | – | Manufacturer of high-performance LED lighting solutions for residential and commercial applications | |
| justeatplc.com | 2001 | London, United Kingdom | – | – | Online take-away food ordering is operated via digital platforms. | |
| pede.ai | 2017 | Juazeiro, Brazil | – | – | Offers hyperlocal delivery services from local restaurants to customers. |
Detailed competitors of iFood
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Latest news on Ifood
Complete news archive for iFood
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Similar companies to iFood
10 companies that operate in the same segment as iFood (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 | – | – | |
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 | |
Online platform for discovering restaurants and booking tables | 2011 | Singapore, Singapore | USD 39.76 M | USD 17.66 M | – |
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Frequently Asked Questions about iFood
iFood was founded in 2011 and raised its 1st funding round 2 years after it was founded.
iFood is headquartered in Sao Paulo, Brazil.
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 B of $2.75M, raised on Mar 26, 2013.
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.
iFood's top competitors include DoorDash, Rappi and Delivery Much.
iFood offers Food Delivery and Market Delivery.
iFood has made 8 acquisitions, including Advolve, Devorando, and Domicilios.
iFood has 4 investors. Key investors include Naspers, Movile, Just Eat, and Innova Capital.
iFood operates through Ifood Com Agência De Restaurantes Online S.A..
Yes. iFood publishes iFood comida e mercado em casa, with over 100 million downloads.