About Proxy Foods
Proxy Foods is a company based in Washington (United States) founded in 2022 by Sid Mitroo and Panos Kostopoulos. Proxy Foods has raised $8.3 million across 2 funding rounds from investors including Ted Leonsis, Ted Xenohristos and Anthony Nader. Proxy Foods offers products and services including Recipe Formulation Software, New Product Development, Existing Product Reformulation, Ingredient Database, and Data Analytics & Insights. Proxy Foods operates in a competitive market with competitors including Cookd, Little Lunches, Stashcook, Kitchenful and PlanEAT, among others.
- Headquarter Washington, United States
- Founders Sid Mitroo, Panos Kostopoulos
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Sectors
Consumer
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Phone
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Website
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Social
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- Legal Name Proxy Foods Inc.
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$8.3 M (USD)
in 2 rounds
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Latest Funding Round
$6 M (USD), Seed
Aug 05, 2026
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Investors
SWaN & Legend Venture Partners
& 3 more
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Employee Count
Not available
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Products & Services of Proxy Foods
Proxy Foods offers a comprehensive portfolio of products and services, including Recipe Formulation Software, New Product Development, Existing Product Reformulation, Ingredient Database, and Data Analytics & Insights.
AI tool for creating and managing food recipes efficiently.
System for discovering sustainable ingredient pairings quickly.
AI for adjusting recipes to meet regulations and preferences.
Database for data-driven decisions on flavor and nutrition.
Platform for analyzing food formulations with expert insights.
Funding Insights of Proxy Foods
Proxy Foods has successfully raised a total of $8.3M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $6 million completed in August 2026. 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.
Investors in Proxy Foods
Proxy Foods has secured backing from 4 investors, including angel and venture fund investors. Prominent investors backing the company include Ted Leonsis, Ted Xenohristos and Anthony Nader.
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Ted Leonsis |
American-Indian angel investor, sports team owner, and media executive
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Ted Xenohristos |
Angel investor, co-founder of Coda Payments, focused on tech startups
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Investor details for Proxy Foods
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Verified entity values are shown only after access is granted.
Investments & Acquisitions by Proxy Foods
Investment portfolio details for Proxy Foods
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Financial Statements - Proxy Foods
Detailed financials for Proxy Foods
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Proxy Foods Comparisons
Peer comparison for Proxy Foods
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
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Competitors of Proxy Foods
Proxy Foods 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 Cookd, Little Lunches, Stashcook, Kitchenful and PlanEAT, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Platform offering meal planning solution
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Personalized kids' meal plans are provided through a mobile app.
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Online platform offering meal planning services for users.
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Personal grocery assistance for meal planning and shopping is provided.
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Delivers an app-based platform for personalized meal planning to support healthy lifestyles.
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Detailed competitors of Proxy Foods
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Verified entity values are shown only after access is granted.
Latest news on Proxy Foods
Complete news archive for Proxy Foods
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Frequently Asked Questions about Proxy Foods
Proxy Foods was founded in 2022 and raised its 1st funding round 1 year after it was founded.
Proxy Foods is headquartered in Washington, United States. It is registered at Washington, District Of Columbia, United States.
Panos Kostopoulos is the current CEO of Proxy Foods. They have also founded this company.
Proxy Foods is a funded company, having raised a total of $8.3M across 2 funding rounds to date.
Proxy Foods was founded in 2022 as an AI-driven platform in the food technology sector. Recipe discovery services are offered, including food recipes, nutrition details, and cooking guidance. Formulation solutions for recipes are supplied to product developers, food technologists, chemists, and sensory specialists in the food and beverage industry. Operations are conducted via the proxyfoods.ai domain.
Proxy Foods's top competitors include Cookd, Kitchenful and Little Lunches.
Proxy Foods offers Recipe Formulation Software, New Product Development, Existing Product Reformulation, Ingredient Database, and Data Analytics & Insights.
Proxy Foods has 4 investors. Key investors include Ted Leonsis, Ted Xenohristos, Anthony Nader, and SWaN & Legend Venture Partners.