About Local Stove
Local Stove is a company based in Philadelphia (United States) founded in 2015 was acquired by Hungry in August 2018.. Local Stove offers products and services including Office Catering, Group Order, Event Planning, and Snacks and Pantry. Local Stove operates in a competitive market with competitors including Shef, WoodSpoon, DishDivvy, Josephine and Dream Dinners, among others.
- Headquarter Philadelphia, United States
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Sectors
Consumer
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Phone
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Website
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Products & Services of Local Stove
Local Stove offers a comprehensive portfolio of products and services, including Office Catering, Group Order, Event Planning, and Snacks and Pantry. 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.
Hassle-free catering services for offices including delivery and setup.
Individually prepared meals delivered to offices for employee ordering.
Planning and execution of events with food and experiences.
Provision of snacks and beverages for offices and remote teams.
Funding Insights of Local Stove
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 Local Stove
Local Stove has secured backing from 1 investor. Prominent investors backing the company include Hungry. 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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Chef-prepared meals are delivered via a marketplace platform.
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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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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by Local Stove
| 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 - Local Stove
| 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 |
Local Stove Comparisons
Competitors of Local Stove
Local Stove 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 Shef, WoodSpoon, DishDivvy, Josephine and Dream Dinners, 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 |
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| domain | founded_year | HQ Location |
Homemade meals are delivered via an online neighborhood chef platform.
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Online platform for ordering home cooked meals
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| domain | founded_year | HQ Location |
DishDivvy was operated as a platform for homemade food connections.
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| domain | founded_year | HQ Location |
Operates as a marketplace connecting users with home-cooked food options.
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Owns and operates a chain of restaurants
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| Company Name | Domain | Founded year | HQ Location | Description |
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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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Frequently Asked Questions about Local Stove
When was Local Stove founded?
Local Stove was founded in 2015.
Where is Local Stove located?
Local Stove is headquartered in Philadelphia, United States. It is registered at Philadelphia, Pennsylvania, United States.
What does Local Stove do?
Local Stove is an online platform connecting people with neighboring home cooks. The platform displays a list of daily changing menu for users to choose from, place an order and pick it up later. Also, people can sign up as cooks on the platform. Incubated by Philly Startup Leaders Accelerator.
Who are the top competitors of Local Stove?
What products or services does Local Stove offer?
Local Stove offers Office Catering, Group Order, Event Planning, and Snacks and Pantry.
Who are Local Stove's investors?
Local Stove has 1 investor. Key investors include Hungry.