About Phyter
Phyter is a company based in Chicago (United States) founded in 2015 by David HC Choi, Gloria Athanis, and Jeffrey Adeszko was acquired by The Fresh Factory in April 2021.. Phyter has raised $1 million across 1 funding round from investors including The Fresh Factory and SLoFIG. Phyter offers products and services including Sweet Bonanza, Gates of Olympus, Starlight Princess, Mahjong Ways, and Wild West Gold. Phyter operates in a competitive market with competitors including Nightfood, Body Armor, Runa, More Labs and Isagenix International, among others.
- Headquarter Chicago, United States
- Founders David HC Choi, Gloria Athanis, Jeffrey Adeszko
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Sectors
HealthcareConsumer
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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
$1 M (USD)
in 1 rounds
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Latest Funding Round
$1 M (USD), Seed
Nov 15, 2017
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Investors
The Fresh Factory
& 1 more
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Employee Count
Employee Count
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Acquired by
The Fresh Factory
(Apr 16, 2021)
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Products & Services of Phyter
Phyter offers a comprehensive portfolio of products and services, including Sweet Bonanza, Gates of Olympus, Starlight Princess, Mahjong Ways, and Wild West Gold. 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.
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Funding Insights of Phyter
Phyter has successfully raised a total of $1M through 1 strategic funding round. The most recent funding activity was a Seed round of $1 million completed in November 2017. 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 — $1.0M
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First Round
First Round
(15 Nov 2017)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2017 | Amount | Seed - Phyter | Valuation | SLoFIG |
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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 Phyter
Phyter has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include The Fresh Factory and SLoFIG. 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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A network of investors focused on sustainable food systems is operated.
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Founded Year | Domain | Location | |
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Apples are processed into products by The Fresh Factory.
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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 Phyter
| 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 - Phyter
| 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 |
Phyter Comparisons
Competitors of Phyter
Phyter 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 Nightfood, Body Armor, Runa, More Labs and Isagenix International, 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 |
Nutritional snack bars are manufactured for nighttime hunger relief.
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| domain | founded_year | HQ Location |
Functional beverage company manufacturing sports drink products with coconut water base
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| domain | founded_year | HQ Location |
Global payout infrastructure is provided by Runa for businesses.
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| domain | founded_year | HQ Location |
Nutritional beverages for alcohol recovery are provided.
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| domain | founded_year | HQ Location |
Health supplements and snacks are manufactured and marketed internationally.
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| domain | founded_year | HQ Location |
Microbiome-based therapeutics and natural probiotics are developed.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Phyter
Frequently Asked Questions about Phyter
When was Phyter founded?
Phyter was founded in 2015 and raised its 1st funding round 2 years after it was founded.
Where is Phyter located?
Phyter is headquartered in Chicago, United States. It is registered at Chicago, Illinois, United States.
Is Phyter a funded company?
Phyter is a funded company, having raised a total of $1M across 1 funding round to date. The company's 1st funding round was a Seed of $1M, raised on Nov 15, 2017.
What does Phyter do?
Phyter was founded in 2015 in Chicago, United States, as a manufacturer in the food sector. Energy snack bars are produced using ripe, unprocessed fruits and vegetables, with no preservatives added. Various flavors are offered, including sweet potato and coconut, butternut squash and peanut butter, berries and peanut butter, beets and cocoa, and kale and apple. Operations focus on natural ingredient sourcing and bar formulation for energy needs.
Who are the top competitors of Phyter?
Phyter's top competitors include Runa, Supergut and Body Armor.
What products or services does Phyter offer?
Phyter offers Sweet Bonanza, Gates of Olympus, Starlight Princess, Mahjong Ways, and Wild West Gold.
Who are Phyter's investors?
Phyter has 2 investors. Key investors include The Fresh Factory, and SLoFIG.
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