About My Chef
My Chef is a company based in Seongnam-si (South Korea) founded in 2011 was acquired by Hahn & Company in April 2022.. My Chef has raised $3.25 million across 1 funding round from investors including KB Securities, Hana Securities and Hahn & Company. My Chef operates in a competitive market with competitors including Doctor Kitchen, among others.
- Headquarter Seongnam-si, South Korea
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Sectors
Consumer
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$3.25 M (USD)
in 1 rounds
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Latest Funding Round
$3.25 M (USD), Series A
Mar 27, 2020
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Investors
KB Securities
& 2 more
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Employee Count
Employee Count
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Acquired by
Hahn & Company
(Apr 11, 2022)
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Funding Insights of My Chef
My Chef has successfully raised a total of $3.25M through 1 strategic funding round. The most recent funding activity was a Series A round of $3.25 million completed in March 2020. 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 1
- Last Round Series A — $3.2M
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First Round
First Round
(27 Mar 2020)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2020 | Amount | Series A - My Chef | Valuation | Hana Financial Investment , KB Securities |
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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 |
Investors in My Chef
My Chef has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include KB Securities, Hana Securities and Hahn & Company. 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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Hahn & Company is recognized as Korea’s leading private equity investment group.
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Founded Year | Domain | Location | |
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Hana Securities is involved in financial securities services.
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Founded Year | Domain | Location | |
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Online trading platform for stocks, ETFs, equity, and power
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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 My Chef
| 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.
|
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.
|
2016 |
Financial Statements - My Chef
| 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 |
My Chef Comparisons
Competitors of My Chef
My Chef 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 Doctor Kitchen, 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 |
Healthy meals are delivered after nutritional customer analysis.
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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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Frequently Asked Questions about My Chef
When was My Chef founded?
My Chef was founded in 2011 and raised its 1st funding round 9 years after it was founded.
Where is My Chef located?
My Chef is headquartered in Seongnam-si, South Korea. It is registered at Seongnam-si, Gyeonggi-do, South Korea.
Is My Chef a funded company?
My Chef is a funded company, having raised a total of $3.25M across 1 funding round to date. The company's 1st funding round was a Series A of $3.25M, raised on Mar 27, 2020.
What does My Chef do?
Founded in 2011 in Seongnam-si, South Korea, My Chef operates as an internet-first brand in the meal delivery sector. Ready-to-heat options for breakfast, lunch, and dinner are offered, including both vegetarian and non-vegetarian varieties. A subscription-based service delivers meal kits directly to users, focusing on convenience in the ready-to-eat food market.
Who are the top competitors of My Chef?
My Chef's top competitors include Doctor Kitchen.
Who are My Chef's investors?
My Chef has 3 investors. Key investors include KB Securities, Hana Securities, and Hahn & Company.