About PORTA
PORTA is a company based in Toronto (Canada) founded in 2021.. PORTA has raised $7.92 million across 1 funding round from investors including Terroni and BrandProject. PORTA offers products and services including Pepperoni Pizza, Margherita Pizza, Ravioli al Brasato, and Ravioli 5 Formaggi. PORTA operates in a competitive market with competitors including SPATULA, HalalMeals, Ethey and Easy Mealz, among others.
- Headquarter Toronto, Canada
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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
$7.92 M (USD)
in 1 rounds
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Latest Funding Round
$7.92 M (USD), Series A
Jul 04, 2023
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Investors
Terroni
& 1 more
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Employee Count
Employee Count
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Products & Services of PORTA
PORTA offers a comprehensive portfolio of products and services, including Pepperoni Pizza, Margherita Pizza, Ravioli al Brasato, and Ravioli 5 Formaggi. 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.
Authentic Italian pepperoni pizza made with premium ingredients for home cooking.
Classic Margherita pizza using fresh Italian tomatoes and cheese for easy meals.
Traditional ravioli filled with braised meat, paired with classic Italian sauces.
Cheese-filled ravioli with five varieties, ideal for quick Italian dinners.
Funding Insights of PORTA
PORTA has successfully raised a total of $7.92M through 1 strategic funding round. The most recent funding activity was a Series A round of $7.92 million completed in July 2023. 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 — $7.9M
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First Round
First Round
(04 Jul 2023)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2023 | Amount | Series A - PORTA | Valuation | Terroni , BrandProject |
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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 PORTA
PORTA has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include Terroni and BrandProject. 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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New consumer brands are incubated and accelerated from inception.
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Founded Year | Domain | Location | |
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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 PORTA
| 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.
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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 - PORTA
| 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 |
Porta Comparisons
Competitors of PORTA
PORTA 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 SPATULA, HalalMeals, Ethey and Easy Mealz, 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 |
Restaurant-quality meals are marketed via an online platform.
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| domain | founded_year | HQ Location |
Operates an online restaurant delivering fresh, halal meals via subscription.
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| domain | founded_year | HQ Location |
Offers an online platform for chef-prepared meals through subscriptions.
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| domain | founded_year | HQ Location |
Offers fresh, chef-prepared ready-to-eat meals with home delivery in Toronto.
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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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Latest news on Porta
Frequently Asked Questions about PORTA
When was PORTA founded?
PORTA was founded in 2021 and raised its 1st funding round 2 years after it was founded.
Where is PORTA located?
PORTA is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.
Is PORTA a funded company?
PORTA is a funded company, having raised a total of $7.92M across 1 funding round to date. The company's 1st funding round was a Series A of $7.92M, raised on Jul 04, 2023.
What does PORTA do?
PORTA was founded in 2021 in Toronto, Canada, as an internet-first restaurant in the food delivery sector. Ready-to-eat frozen meals, including pizza, pasta, and desserts, are offered with options for weekly, bi-weekly, or monthly subscription plans. Customization of plans is enabled, and products are delivered directly to customers doors through a subscription-based pricing model.
Who are the top competitors of PORTA?
PORTA's top competitors include SPATULA, HalalMeals and Ethey.
What products or services does PORTA offer?
PORTA offers Pepperoni Pizza, Margherita Pizza, Ravioli al Brasato, and Ravioli 5 Formaggi.
Who are PORTA's investors?
PORTA has 2 investors. Key investors include Terroni, and BrandProject.
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