About OFF Meat
OFF Meat is a company based in Jakarta (Indonesia) founded in 2021.. OFF Meat has raised $1.7 million across 1 funding round from investors including Lemonilo, Alpha JWC Ventures and Global Founders Capital. OFF Meat operates in a competitive market with competitors including YUM! Brands, Champ Resto, Dailybox, Texas Chicken and D'Cost Seafood, among others.
- Headquarter Jakarta, Indonesia
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Sectors
Consumer
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Phone
*********
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Website
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$1.7 M (USD)
in 1 rounds
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Latest Funding Round
$1.7 M (USD), Seed
Apr 19, 2022
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Investors
Lemonilo
& 3 more
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Employee Count
Employee Count
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Funding Insights of OFF Meat
OFF Meat has successfully raised a total of $1.7M through 1 strategic funding round. The most recent funding activity was a Seed round of $1.7 million completed in April 2022. 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 Seed — $1.7M
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First Round
First Round
(19 Apr 2022)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2022 | Amount | Seed - OFF Meat | Valuation | Alpha JWC Ventures |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in OFF Meat
OFF Meat has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include Lemonilo, Alpha JWC Ventures and Global Founders 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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Tech focused VC firm making investment in seed and early stage companies in the US & Asia
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Founded Year | Domain | Location | |
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Venture capital firm focused on early-stage startups
|
Founded Year | Domain | Location | |
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Creative Gorilla Capital is involved in unspecified business activities.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
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.
|
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 OFF Meat
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
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.
|
2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - OFF Meat
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Off Meat Comparisons
Competitors of OFF Meat
OFF Meat 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 YUM! Brands, Champ Resto, Dailybox, Texas Chicken and D'Cost Seafood, 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 |
Restaurants chains
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| domain | founded_year | HQ Location |
Operator of restaurants in Indonesia
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| domain | founded_year | HQ Location |
Meals are offered through restaurant services in Jakarta.
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| domain | founded_year | HQ Location |
Chicken is served by a chain of limited-service restaurants.
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| domain | founded_year | HQ Location |
Restaurant chain offering a variety of seafood dishes with online ordering and delivery options, with multiple locations
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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 OFF Meat
When was OFF Meat founded?
OFF Meat was founded in 2021 and raised its 1st funding round 1 year after it was founded.
Where is OFF Meat located?
OFF Meat is headquartered in Jakarta, Indonesia. It is registered at Jakarta, Jakarta, Indonesia.
Is OFF Meat a funded company?
OFF Meat is a funded company, having raised a total of $1.7M across 1 funding round to date. The company's 1st funding round was a Seed of $1.7M, raised on Apr 19, 2022.
What does OFF Meat do?
OFF Meat was founded in 2021 in Jakarta, Indonesia, as a chain of limited-service restaurants focused on chicken offerings. Operations are centered in the food service sector, with meals prepared and provided in a streamlined format to customers. The companys domain, offmeat.io, supports its online presence. Locations are primarily based in Indonesia, catering to local dining needs through efficient service models.
Who are the top competitors of OFF Meat?
OFF Meat's top competitors include YUM! Brands, Dailybox and Champ Resto.
Who are OFF Meat's investors?
OFF Meat has 4 investors. Key investors include Lemonilo, Alpha JWC Ventures, Global Founders Capital, and Creative Gorilla Capital.