About Innit
Innit is a company based in San Francisco (United States) founded in 2013.. Innit has raised $43 million across 2 funding rounds. Innit has completed 1 acquisition, including ShopWell. Innit offers products and services including Food Intelligence Platform. Innit operates in a competitive market with competitors including TinyChef, PlateJoy, Cherrypick, flavrs and foodable, among others.
- Headquarter San Francisco, United States
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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 Innit International Sca
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$43 M (USD)
in 2 rounds
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Latest Funding Round
$18 M (USD), Series A
Jul 21, 2016
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Investors
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Employee Count
Employee Count
- Investments & Acquisitions
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Products & Services of Innit
Innit offers a comprehensive portfolio of products and services, including Food Intelligence 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.
Platform for food data analysis and solutions provision
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Funding Insights of Innit
Innit has successfully raised a total of $43M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $18 million completed in July 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 2
- Last Round Series A — $18.0M
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First Round
First Round
(05 Nov 2015)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2016 | Amount | Series A - Innit | Valuation |
investors |
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| Nov, 2015 | Amount | Series A - Innit | Valuation |
investors |
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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 |
Investments & Acquisitions by Innit
Innit has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include ShopWell. 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 |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Grocery list building app based on nutritional content
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2008 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Innit
| 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 |
Innit Comparisons
Competitors of Innit
Innit 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 TinyChef, PlateJoy, Cherrypick, flavrs and foodable, 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 |
Platform offering recipes discovery and meal planning
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| domain | founded_year | HQ Location |
Online platform offering personalized shoppable food recipes
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| domain | founded_year | HQ Location |
Meal planning, grocery shopping, and recipe access are enabled online.
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| domain | founded_year | HQ Location |
Online discovery platform for shoppable recipes
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| domain | founded_year | HQ Location |
Platform offering recipe discovery
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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 Innit
Frequently Asked Questions about Innit
When was Innit founded?
Innit was founded in 2013 and raised its 1st funding round 2 years after it was founded.
Where is Innit located?
Innit is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Is Innit a funded company?
Innit is a funded company, having raised a total of $43M across 2 funding rounds to date. The company's 1st funding round was a Series A of $25M, raised on Nov 05, 2015.
What does Innit do?
Innit was founded in 2013 in San Francisco, United States, and operates in the food technology sector. Personalized meal recommendations are delivered based on users diets, allergies, and dislikes. Recipes are discovered through an AI-powered assortment tool, with one-click addition to carts for single or multiple items. Step-by-step instructions, including videos and real-time cooking guidance, are supplied to support meal preparation.
Who are the top competitors of Innit?
Innit's top competitors include TinyChef, Cherrypick and PlateJoy.
What products or services does Innit offer?
Innit offers Food Intelligence Platform.
How many acquisitions has Innit made?
Innit has made 1 acquisition, including ShopWell.
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