About Simple Feast
Simple Feast is a company based in Copenhagen (Denmark) founded in 2015 by Jakob Nordenhof Jonck.. Simple Feast has raised $74.95 million across 5 funding rounds from investors including Balderton Capital, Kinnevik and Danmarks Eksport- og Investeringsfond. The company has 109 employees as of August 31, 2022. Simple Feast operates in a competitive market with competitors including Splendid Spoon, Shicken, Root Kitchen, WONDERFOOD and The Brook, among others.
- Headquarter Copenhagen, Denmark
- Employees 109 as on 31 Aug, 2022
- Founders Jakob Nordenhof Jonck
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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
*********
- Legal Name Feast Kitchen Aps
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$74.95 M (USD)
in 5 rounds
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Latest Funding Round
$29.95 M (USD), Series B
Jan 31, 2022
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Investors
Balderton Capital
& 5 more
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Employee Count
109
as on Aug 31, 2022
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Funding Insights of Simple Feast
Simple Feast has successfully raised a total of $74.95M across 5 strategic funding rounds. The most recent funding activity was a Series B round of $29.95 million completed in January 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 5
- Last Round Series B — $30.0M
- First Round First Round
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2022 | Amount | Series B - Simple Feast | Valuation | Kinnevik , Vaekstfonden |
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| Apr, 2021 | Amount | Series B - Simple Feast | Valuation |
investors |
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| Sep, 2019 | Amount | Series B - Simple Feast | Valuation | 14W |
| 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 Simple Feast
Simple Feast has secured backing from 6 investors, including venture fund investors. Prominent investors backing the company include Balderton Capital, Kinnevik and Danmarks Eksport- og Investeringsfond. 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 investments are directed toward multiple sectors by Kinnevik.
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Founded Year | Domain | Location | |
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Provision of financing, loans, equity, and insurance for Danish export and investment activities.
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Founded Year | Domain | Location | |
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Tech-focused VC firm funding companies in the US
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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 Simple Feast
| 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 - Simple Feast
| 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 |
Simple Feast Comparisons
Competitors of Simple Feast
Simple Feast 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 Splendid Spoon, Shicken, Root Kitchen, WONDERFOOD and The Brook, 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 |
Plant-based smoothies and meals are delivered via internet-first model.
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| domain | founded_year | HQ Location |
Online platform offering chef-prepared vegan meals
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| domain | founded_year | HQ Location |
Ready-to-eat vegan meals are delivered via subscription platform.
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| domain | founded_year | HQ Location |
Operates an internet-first restaurant offering subscription-based ready-to-heat vegan meals.
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| domain | founded_year | HQ Location |
Subscription-based ready-to-heat vegan meals are offered online.
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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 Simple Feast
Frequently Asked Questions about Simple Feast
When was Simple Feast founded?
Simple Feast was founded in 2015 and raised its 1st funding round 2 years after it was founded.
Where is Simple Feast located?
Simple Feast is headquartered in Copenhagen, Denmark.
Who is the current CEO of Simple Feast?
Jakob Nordenhof Jonck is the current CEO of Simple Feast. They have also founded this company.
Is Simple Feast a funded company?
Simple Feast is a funded company, having raised a total of $74.95M across 5 funding rounds to date. The company's 1st funding round was a Series B of $33M, raised on Jun 01, 2017.
How many employees does Simple Feast have?
As of Aug 31, 2022, the latest employee count at Simple Feast is 109.
What does Simple Feast do?
Simple Feast was founded in 2015 in Copenhagen, Denmark, within the plant-based food sector. An online platform is operated for ordering vegetarian and vegan meal boxes, which include dishes such as salads, naan, herb yoghurt, comfort food, and barbeque options. Organic pre-heated meals are provided for individual purchase or subscription. The service is accessible through apps on Android and iOS platforms.
Who are the top competitors of Simple Feast?
Simple Feast's top competitors include Splendid Spoon, Shicken and Root Kitchen.
Who are Simple Feast's investors?
Simple Feast has 6 investors. Key investors include Balderton Capital, Kinnevik, Danmarks Eksport- og Investeringsfond, 14W, and Sweet Capital.