REEF

Miami, United States Founded: 2013 • Age: 13 yrs Unicorn
REEF is focused on connecting goods and services to local neighborhoods through digital solutions.

About REEF

REEF is a Real Estate & Construction company based in Miami (United States) founded in 2013 by Ari Ojalvo, Aziz Ihsanoglu, and Philippe Saint-Just. REEF is focused on connecting goods and services to local neighborhoods through digital solutions. It operates on a Two-Sided Marketplace and Aggregator Model model in Real Estate & Construction, Consumer, and Technology sectors. REEF has raised $768.38 million across 2 funding rounds from investors including SoftBank, UBS and Oaktree Capital Management. The company has 975 employees. REEF has completed 4 acquisitions, including 2ndKitchen, KAIKAKU and WithBond. REEF was last valued at $1 billion in December 2020. Its chief executive, as recorded, is Ari Ojalvo. REEF offers products and services including REEF Proximity Network and Ulysses. Its focus areas include Digital Platforms and Marketplace Solutions. Its legal entity is REEF Technology Inc. Its competitors include Toast, Olo and Zenput; 3 of its 3 listed competitors have raised funding.

Company details

REEF is engaged in creating digital ecosystems that connect goods, services, and experiences to consumers in local neighborhoods. The company operates through a Proximity Network that transforms spaces into multi-purpose places, enabling brands to reach audiences effectively. Solutions like Ulysses facilitate partnerships with property owners, content creators, and operators to enhance access and revenue potential. REEF serves various sectors by bridging digital demand and physical access, fostering community engagement and efficiency worldwide.

  • Headquarters Miami, United States
  • Employees 975
  • Founders Ari Ojalvo, Aziz Ihsanoglu, Philippe Saint-Just
  • Stage Unicorn
  • Sectors
    Real Estate & Construction
    Consumer Technology Transportation, Automotive & Logistics
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Website reeftechnology.com
  • Social LinkedIn X Facebook Instagram YouTube
  • Legal Name Reef Technology Inc.
Key Metrics
  • Total Equity Funding
    $768.38M (USD)

    in 2 rounds

  • Latest Funding Round
    $766.48M (USD), Series D

    Nov 2020

  • Investors
    SoftBank

    & 12 more

  • Employee Count
    975
  • Investments & Acquisitions
    2ndKitchen

    & 3 more

Products & Services of REEF

REEF offers a comprehensive portfolio of products and services, including REEF Proximity Network and Ulysses.

REEF Proximity Network
Digital Solutions

Network connecting goods and services to local consumers.

Ulysses
Marketplace Platform

Platform linking brands to consumers via proximity network.

Apps and channels of REEF

its YouTube channel REEF Technology has 877 subscribers and 27 videos.

REEF Technology
YouTube 877 subscribers 27 videos Science & Technology
Open channel

Videos from REEF

The most watched videos on REEF's YouTube channel, REEF Technology (877 subscribers). Click a video to play it here.

REEF - More Than A Lot
47.4K views
REEF Technology: Experience the Power of Proximity
29.5K views
REEF NBRHD Kitchens
10.4K views
Build your career with REEF
4.7K views

More on REEF Technology.

Funding Insights of REEF

REEF has successfully raised a total of $768.38M across 2 strategic funding rounds. The most recent funding activity was a Series D round of $766.48 million completed in November 2020. 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 $768.38M
  • Total Rounds 2
  • Last Round Series D β€” $766.48M
  • Investors Count 13

All 2 funding rounds of REEF with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Nov 2020$766.48MSeries D–SoftBank, Mubadala
Jun 2018Series C$1B–
Valuation history
DateValuationStage
Jun 2018$1Bβ€’β€’β€’β€’β€’β€’β€’β€’

Last known valuation $1B (Dec 2020). 13 investors in total: 13 institutional.

Investors in REEF

REEF has secured backing from 13 investors, including institutional and venture fund investors. Prominent investors backing the company include SoftBank, UBS and Oaktree Capital Management.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Real estate fund, infrastructure fund, and private equity firm focused on multiple sectors
1995oaktreecapital.comLos Angeles, United States
Venture capital firm
targetglobal.vcLondon, United Kingdom
A venture capital firm focused on early-stage CPG brands.
ldrventures.comLos Angeles, United States
Investments are directed by Bloom8 toward food tech sectors.
bloom8.vcNew York, United States
Tech startups are funded by Vis Capital's venture capital operations.
viscapital.comMilan, Italy
Early-stage tech startups are invested in across US and Canada.
mathventurepartners.comChicago, United States
Venture capital is invested in multiple sectors by the firm.
ranciliocubesicaf.comMilan, Italy
Venture capital investments in technology and startups.
2016visionfund.comLondon, United Kingdom
Mubadala Capital is engaged in investment management services.
mubadalacapital.ae
founderpartners.vc
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Investor details for REEF

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Verified entity values are shown only after access is granted.

People of REEF

90 people are tracked at REEF (36 in leadership, 54 in team); the tracked headcount is 975.

NameRoleGroup
Ari Ojalvo
Co-Founder & CEOLeadership
Aziz Ihsanoglu
Co-FounderLeadership
Philippe Saint-Just
FounderLeadership
Emmanuel Amram
Head Of Corporate DevelopmentLeadership
Srinivas Pulakanam
VP, Platform & Data EngineeringLeadership
Ramez Shehadi
President & Chief Growth OfficerLeadership
Ari Stern
Senior Director Of KitchensLeadership
Briana Garodel
Regional Director Of OperationsLeadership
Randy Pursley
Director Of MaintenanceLeadership
Jose Ramirez
Head Of OperationsLeadership
Leanne B.
Director, Brand Success - Enterprise BrandsLeadership
Aslı Nebioglu Aslandogan
Director Of Corporate AccountingLeadership
Bryan Neubauer
Director Of Food Safety And Quality Assurance, Executive ChefLeadership
Alexis J.
Head Of DataLeadership
Levent Arslan
Director Of FinanceLeadership
Tammy Sloan
Vice President OF Quality & FOOD SafetyLeadership
Mark Natera
Senior Vice President Of EngineeringLeadership
Khaled Ghrawi
Director Of Financial OperationsLeadership
Sergey Makridenkov
Director Software EngineeringLeadership
Kris Miotke
Vice President MarketingLeadership

70 more people are available in the full profile.

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Complete people profiles for REEF

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Investments & Acquisitions by REEF

REEF has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include 2ndKitchen, KAIKAKU and WithBond.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Developer of robotics and AI technology for automating food service in restaurants
kaikaku.aiLondon, United Kingdom2023Jul 2026β€’β€’β€’β€’
Kitchenless food businesses are enabled to serve via online platform.
2ndkitchen.comChicago, United States2018Dec 2021β€’β€’β€’β€’
Kitchen equipment is manufactured by iKcon in Dubai since 2019.
ikcon.comDubai, United Arab Emirates2019Nov 2021β€’β€’β€’β€’
AI-enabled last-mile delivery services for e-commerce are provided.
withbond.comUnited States2019Oct 2021β€’β€’β€’β€’
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Complete acquisition details for REEF

Acquired stakes, deal sources and the complete acquisition history require an active premium plan.

  • Acquired stakes
  • Deal sources
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  • Exports

Verified entity values are shown only after access is granted.

Timeline of REEF

8 dated milestones of REEF across 13 years, from founding to its latest funding, stage changes and deals.

  1. Founded REEF is founded.
  2. Funding First funding round.
  3. Milestone Reaches Unicorn status.
  4. Funding Latest funding round, Series D, of $766.5M.
  5. Acquisition Acquires WithBond.
  6. Acquisition Acquires iKcon.
  7. Acquisition Acquires 2ndKitchen.
  8. Acquisition Acquires KAIKAKU.

Competitors of REEF

REEF has 3 listed competitors in our database, 3 of them funded. They include Toast, Olo and Zenput.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
pos.toasttab.com2011Boston, United States$900M5,700
Restaurant operations are managed via a cloud-based platform.
olo.com2005New York, United States$73.61M39
Olo is recognized as a restaurant technology platform provider.
zenput.com2011San Francisco, United States$43.82M71
Zenput is utilized as an operations execution platform for multi-unit operators.
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Detailed competitors of REEF

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Web traffic of REEF

The website of REEF (reeftechnology.com) receives about 6.7K visits a month.

  • Monthly visits
    6.7K

    ▼ 15.8% vs previous month

Similar websites

Websites whose visitors overlap most with REEF. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
carbones.com
carbones.com
100%
#1,488,000–
reefdispensaries.com
95%
View details
cityfoodequipment.com
cityfoodequipment.com
47%
#1,128,753–
restaurantware.com
32%
171.4K#221,427View details
schultzsupply.com
schultzsupply.com
30%
#2,106,698–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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All 9 similar websites and full traffic analytics for REEF

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  • 9 similar websites
  • Audience overlap
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Verified entity values are shown only after access is granted.

Top companies in Real Estate Technology Platforms

3 companies that operate in the same segment as REEF (Real Estate Technology Platforms) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Residential properties are listed and searched through an app-based platform.
2005Seattle, Washington, United StatesUSD 87 M
Residential properties are resold via an app-based platform.
2014San Francisco, California, United StatesUSD 1.35 BUSD 2.71 M1,426
Residential real estate search engine
2005San Francisco, California, United StatesUSD 32.8 M
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Related news about Reef

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Frequently Asked Questions about REEF

REEF was founded in 2013 and raised its 1st funding round 5 years after it was founded.

REEF is headquartered in Miami, United States. It is registered at Miami, Florida, United States.

Ari Ojalvo is the CEO of REEF, as recorded in our data. They have also founded this company.

REEF is a funded company, having raised a total of $768.38M across 2 funding rounds to date.

REEF has 975 employees.

REEF is engaged in creating digital ecosystems that connect goods, services, and experiences to consumers in local neighborhoods. The company operates through a Proximity Network that transforms spaces into multi-purpose places, enabling brands to reach audiences effectively. Solutions like Ulysses facilitate partnerships with property owners, content creators, and operators to enhance access and revenue potential. REEF serves various sectors by bridging digital demand and physical access, fostering community engagement and efficiency worldwide.

REEF's top competitors include Toast, Olo and Zenput.

REEF offers REEF Proximity Network and Ulysses.

REEF has made 4 acquisitions, including 2ndKitchen, KAIKAKU, and WithBond.

REEF has 13 investors. Key investors include SoftBank, UBS, Oaktree Capital Management, Mubadala, and SoftBank Vision Fund.

The valuation of REEF is $1B as of Dec 2020.

REEF operates through Reef Technology Inc..

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