About ReciMe
ReciMe is a company based in Melbourne (Australia) founded in 2022 by Christine Nguyen, Ivy Nguyen, and Will Kent.. ReciMe has raised $2 million across 2 funding rounds from investors including Marissa Mayer, Even Capital and Deb Liu. ReciMe operates in a competitive market with competitors including Tastemade, DayDayCook, BetterButter, Fresco and SideChef, among others.
- Headquarter Melbourne, Australia
- Founders Christine Nguyen, Ivy Nguyen, Will Kent
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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
$2 M (USD)
in 2 rounds
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Latest Funding Round
$1.5 M (USD), Seed
Jul 02, 2024
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Investors
Even Capital
& 6 more
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Employee Count
Employee Count
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Funding Insights of ReciMe
ReciMe has successfully raised a total of $2M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $1.5 million completed in July 2024. 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 2
- Last Round Seed — $1.5M
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First Round
First Round
(27 Oct 2022)
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2024 | Amount | Seed - ReciMe | Valuation | Even Capital | |
| Oct, 2022 | Amount | Seed - ReciMe | Valuation |
investors |
| 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 ReciMe
ReciMe has secured backing from 7 investors, including angel and venture fund investors. Prominent investors backing the company include Marissa Mayer, Even Capital and Deb Liu. 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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Venture capital funding is provided to female-founded businesses.
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Founded Year | Domain | Location | |
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LaunchVic is recognized as Victoria's startup agency, focused on ecosystem development.
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Founded Year | Domain | Location | |
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MM
Marissa Mayer |
Former Yahoo CEO, Google executive, active angel investor in tech startups.
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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 ReciMe
| 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 - ReciMe
| 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 |
Recime Comparisons
Competitors of ReciMe
ReciMe 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 Tastemade, DayDayCook, BetterButter, Fresco and SideChef, 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 |
Platform offering video-based cooking related learning solutions
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| domain | founded_year | HQ Location |
DayDayCook is recognized for offering authentic Asian food solutions.
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| domain | founded_year | HQ Location |
A platform for Indian cooks to share and discover recipes.
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| domain | founded_year | HQ Location |
Recipes for smart appliances are provided through an online platform.
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| domain | founded_year | HQ Location |
Cooking recipes and tips are delivered via a mobile app.
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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 Recime
Frequently Asked Questions about ReciMe
When was ReciMe founded?
ReciMe was founded in 2022.
Where is ReciMe located?
ReciMe is headquartered in Melbourne, Australia. It is registered at Melbourne, Victoria, Australia.
Who is the current CEO of ReciMe?
Christine Nguyen is the current CEO of ReciMe. They have also founded this company.
Is ReciMe a funded company?
ReciMe is a funded company, having raised a total of $2M across 2 funding rounds to date. The company's 1st funding round was a Seed of $500K, raised on Oct 27, 2022.
What does ReciMe do?
ReciMe was founded in 2022 in Melbourne, Australia, as a provider of a mobile application focused on recipe management in the consumer technology sector. The app enables users to collect, organize, and access recipes for cooking purposes. It operates on Android and iOS platforms, supporting daily meal planning and culinary activities without additional hardware requirements. Key leadership includes co-founders handling product, growth, and operations.
Who are the top competitors of ReciMe?
Who are ReciMe's investors?
ReciMe has 7 investors. Key investors include Marissa Mayer, Even Capital, Deb Liu, Karl von Randow, and Paul Greenberg.
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