About Peko
Peko is a company based in Vancouver (Canada) founded in 2021 by Arielle Lok and Sang Le was acquired by Fresh Prep in March 2023. It operates as a Direct-to-Consumer (D2C), and Subscription Services. Peko offers products and services including Peko Bag: Mystery Produce, Peko+ Box: Mystery Groceries, and Peko Gift Card. Peko operates in a competitive market with competitors including Flashfood, Eatizz and BocoBoco, among others.
- Headquarter Vancouver, Canada
- Founders Arielle Lok, Sang Le
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Sectors
Retail
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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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Latest Funding Round
- Investors
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Employee Count
Employee Count
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Acquired by
Fresh Prep
(Mar 02, 2023)
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Products & Services of Peko
Peko offers a comprehensive portfolio of products and services, including Peko Bag: Mystery Produce, Peko+ Box: Mystery Groceries, and Peko Gift Card. 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.
Mystery produce bags are delivered to customers weekly.
Surplus groceries are packed and delivered as surprises.
Gift cards are offered for grocery delivery purchases.
Funding Insights of Peko
| 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 Peko
Peko has secured backing from 1 investor. Prominent investors backing the company include Fresh Prep. 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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Online platform to buy recipe box with pre-prepped ingredients
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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 Peko
| 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 - Peko
| 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 |
Peko Comparisons
Competitors of Peko
Peko 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 Flashfood, Eatizz and BocoBoco, 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 |
Excess food is traded via an online marketplace with discounts.
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| domain | founded_year | HQ Location |
Digital hub for buying surplus food products.
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| domain | founded_year | HQ Location |
Zero-waste online grocery delivery and container return services are provided.
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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 Peko
When was Peko founded?
Peko was founded in 2021.
Where is Peko located?
Peko is headquartered in Vancouver, Canada. It is registered at Vancouver, British Columbia, Canada.
Who is the current CEO of Peko?
Sang Le is the current CEO of Peko. They have also founded this company.
What does Peko do?
Peko is focused on reducing food waste by delivering surplus and peculiar groceries at discounted prices. Operations are centered in Metro Vancouver and Calgary, Canada. The company is committed to making healthy food affordable while addressing the issue of food waste due to cosmetic imperfections and overstocking. Services include mystery produce bags and grocery boxes, alongside gift cards, with a minimum spend requirement. Since its inception in 2021, significant impact has been made in saving produce and providing customer savings.
What products or services does Peko offer?
Peko offers Peko Bag: Mystery Produce, Peko+ Box: Mystery Groceries, and Peko Gift Card.
Who are Peko's investors?
Peko has 1 investor. Key investors include Fresh Prep.