About Immi
Immi is a company based in San Francisco (United States) founded in 2019 by Kevin Chanthasiriphan and Kevin Lee.. Immi has raised $29.04 million across 4 funding rounds from investors including Gold House, The Lab and Touch Capital. The company has 9 employees as of December 31, 2023. Immi offers products and services including Instant Ramen Packets, Instant Ramen Cups, Ramen Toppings, and Merchandise. Immi operates in a competitive market with competitors including Goodles, Barilla, Banza, Sfoglini and Buitoni, among others.
- Headquarter San Francisco, United States
- Employees 9 as on 31 Dec, 2023
- Founders Kevin Chanthasiriphan, Kevin Lee
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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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- Legal Name Fifty Foods Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$29.04 M (USD)
in 4 rounds
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Latest Funding Round
$3 M (USD), Series B
Dec 11, 2024
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Investors
Gold House
& 9 more
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Employee Count
9
as on Dec 31, 2023
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Products & Services of Immi
Immi offers a comprehensive portfolio of products and services, including Instant Ramen Packets, Instant Ramen Cups, Ramen Toppings, and Merchandise. 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.
Plant-based ramen with high protein and low carbs for quick, nutritious meals.
Convenient, single-serve ramen options with flavorful broths and toppings.
Additional ingredients to customize and enhance ramen flavors creatively.
Branded items like apparel related to immi's ramen culture.
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Funding Insights of Immi
Immi has successfully raised a total of $29.04M across 4 strategic funding rounds. The most recent funding activity was a Series B round of $3 million completed in December 2024. 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 4
- Last Round Series B — $3.0M
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First Round
First Round
(14 Sep 2021)
- Investors Count 10
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2024 | Amount | Series B - Immi | Valuation |
investors |
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| May, 2023 | Amount | Series B - Immi | Valuation |
investors |
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| Mar, 2023 | Amount | Series A - Immi | Valuation | Touch Capital |
| 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 Immi
Immi has secured backing from 10 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Gold House, The Lab and Touch 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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Touch Capital is focused on investing in consumer brand leaders.
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Founded Year | Domain | Location | |
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Venture investments in foodtech sectors are managed by Siddhi Capital.
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Founded Year | Domain | Location | |
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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 Immi
| 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 - Immi
| 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 |
Immi Comparisons
Competitors of Immi
Immi 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 Goodles, Barilla, Banza, Sfoglini and Buitoni, 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 |
Subscription-based organic pasta in various flavors is offered online.
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| domain | founded_year | HQ Location |
Pasta, sauces, and entrees are produced and distributed globally.
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| domain | founded_year | HQ Location |
Chickpea-based pasta and shelf-stable products are developed by Banza.
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| domain | founded_year | HQ Location |
Organic pasta varieties are produced and distributed by Sfoglini.
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| domain | founded_year | HQ Location |
Pasta products are manufactured and distributed by the Buitoni brand.
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| domain | founded_year | HQ Location |
Pasta brand products are distributed through US retailers by Seviroli.
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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 Immi
Frequently Asked Questions about Immi
When was Immi founded?
Immi was founded in 2019 and raised its 1st funding round 2 years after it was founded.
Where is Immi located?
Immi is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Is Immi a funded company?
Immi is a funded company, having raised a total of $29.04M across 4 funding rounds to date. The company's 1st funding round was a Series A of $10M, raised on Sep 14, 2021.
How many employees does Immi have?
As of Dec 31, 2023, the latest employee count at Immi is 9.
What does Immi do?
Immi was founded in 2019 in San Francisco, United States, as an internet-first brand in the food sector. Ingredients and crafted flavors for soup are provided to support more nutritious bowls while maintaining taste. Asian-American foods with added nutrition are also supplied through online operations.
What products or services does Immi offer?
Immi offers Instant Ramen Packets, Instant Ramen Cups, Ramen Toppings, and Merchandise.
Who are Immi's investors?
Immi has 10 investors. Key investors include Gold House, The Lab, Touch Capital, Siddhi Capital, and Anti Fund.
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