About Propel Foods
Propel Foods was founded in 2022 in Mexico as an internet-first brand in the plant-based food sector. Plant-based alternatives to burgers, ground beefs, and steaks are developed and distributed primarily through online channels. Operations focus on sustainable meat substitutes, with products targeted at consumers seeking vegan options. The company is led by founder and co-CEO Jayat Gonzalez Palomeras, emphasizing direct-to-consumer sales in the region.
- Headquarter Mexico
- Founders Jayat Gonzalez Palomeras
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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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Latest Funding Round
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Investors
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Employee Count
Employee Count
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Funding Insights of Propel Foods
| 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 |
Investments & Acquisitions by Propel Foods
| 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 - Propel Foods
| 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 |
Propel Foods Comparisons
Competitors of Propel Foods
| 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 Propel Foods
When was Propel Foods founded?
Propel Foods was founded in 2022.
Where is Propel Foods located?
Propel Foods is headquartered in Mexico.
Who is the current CEO of Propel Foods?
Jayat Gonzalez Palomeras is the current CEO of Propel Foods. They have also founded this company.
What does Propel Foods do?
Propel Foods was founded in 2022 in Mexico as an internet-first brand in the plant-based food sector. Plant-based alternatives to burgers, ground beefs, and steaks are developed and distributed primarily through online channels. Operations focus on sustainable meat substitutes, with products targeted at consumers seeking vegan options. The company is led by founder and co-CEO Jayat Gonzalez Palomeras, emphasizing direct-to-consumer sales in the region.