About QUIK
QUIK is a company based in Maracaibo (Venezuela) founded in 2021 by Alejandro Flores Hernandez and Mauricio Martinez.. QUIK has raised $125 thousand across 1 funding round from investors including Y Combinator. QUIK offers products and services including QUIK Platform. QUIK operates in a competitive market with competitors including Yummy, Coco Mercado, Yummy Rocket, Supermercado Paotrolado and ComprasExpres, among others.
- Headquarter Maracaibo, Venezuela
- Founders Alejandro Flores Hernandez, Mauricio Martinez
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Sectors
Retail
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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
$125 K (USD)
in 1 rounds
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Latest Funding Round
$125 K (USD), Seed
Jun 01, 2022
- Investors
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Employee Count
Employee Count
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Products & Services of QUIK
QUIK offers a comprehensive portfolio of products and services, including QUIK Platform. 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.
Enables buying, paying, and receiving orders quickly in Maracaibo
Funding Insights of QUIK
QUIK has successfully raised a total of $125K through 1 strategic funding round. The most recent funding activity was a Seed round of $125 thousand completed in June 2022. 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 — $125,000
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First Round
First Round
(01 Jun 2022)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2022 | Amount | Seed - QUIK | Valuation | Y Combinator |
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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 QUIK
QUIK has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Y Combinator. 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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Early-stage startups are accelerated via funding and educational programs.
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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 QUIK
| 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 - QUIK
| 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 |
Quik Comparisons
Competitors of QUIK
QUIK 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 Yummy, Coco Mercado, Yummy Rocket, Supermercado Paotrolado and ComprasExpres, 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 |
A SuperApp for delivery and marketplace services in LATAM is operated.
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| domain | founded_year | HQ Location |
Groceries are ordered online by expats for delivery to Venezuela.
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| domain | founded_year | HQ Location |
Multi-category groceries are delivered online with ultra-fast service.
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| domain | founded_year | HQ Location |
E-commerce platform for buying groceries online with nationwide free delivery.
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| domain | founded_year | HQ Location |
Operates an online platform for purchasing multi-category grocery supplies.
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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 QUIK
When was QUIK founded?
QUIK was founded in 2021 and raised its 1st funding round 1 year after it was founded.
Where is QUIK located?
QUIK is headquartered in Maracaibo, Venezuela. It is registered at Maracaibo, Zulia, Venezuela.
Is QUIK a funded company?
QUIK is a funded company, having raised a total of $125K across 1 funding round to date. The company's 1st funding round was a Seed of $125K, raised on Jun 01, 2022.
What does QUIK do?
QUIK was founded in 2021 in Maracaibo, Venezuela, within the food delivery sector. A platform is operated that allows users to discover nearby restaurants and place online orders for home delivery. Mobile applications are available for both Android and iOS devices, supporting the core operations of the service. The company focuses on connecting customers with local food options in its primary geographic area.
Who are the top competitors of QUIK?
QUIK's top competitors include Coco Mercado, Yummy Rocket and Yummy.
What products or services does QUIK offer?
QUIK offers QUIK Platform.
Who are QUIK's investors?
QUIK has 1 investor. Key investors include Y Combinator.