About SnackMagic
SnackMagic is a company based in New York (United States) founded in 2020 by Zaeem Shahid, Stephanie Yudowitch, Manik Juneja, and Shaunak Amin.. SnackMagic has raised $15 million across 1 funding round from investors including Craft Ventures and Luxor Capital Group. The company has 2 employees as of December 31, 2021. SnackMagic operates in a competitive market with competitors including NatureBox, Nourish Snacks, Without A Trace Foods, EnergyChest and Youtopia Snacks, among others.
- Headquarter New York, United States
- Employees 2 as on 31 Dec, 2021
- Founders Zaeem Shahid, Stephanie Yudowitch, Manik Juneja, Shaunak Amin
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Sectors
Retail
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Kitchen Stadium Inc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$15 M (USD)
in 1 rounds
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Latest Funding Round
$15 M (USD), Series A
Apr 09, 2021
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Investors
Craft Ventures
& 1 more
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Employee Count
2
as on Dec 31, 2021
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Funding Insights of SnackMagic
SnackMagic has successfully raised a total of $15M through 1 strategic funding round. The most recent funding activity was a Series A round of $15 million completed in April 2021. 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 Series A — $15.0M
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First Round
First Round
(09 Apr 2021)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2021 | Amount | Series A - SnackMagic | Valuation | Craft Ventures |
| 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 SnackMagic
SnackMagic has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Craft Ventures and Luxor Capital Group. 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 fund focused on SaaS and consumer sectors
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Founded Year | Domain | Location | |
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Provides investment management and capital services for clients.
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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 SnackMagic
| 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 - SnackMagic
| 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 |
Snackmagic Comparisons
Competitors of SnackMagic
SnackMagic 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 NatureBox, Nourish Snacks, Without A Trace Foods, EnergyChest and Youtopia Snacks, 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 |
Healthy snacks are provided via an online subscription platform.
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| domain | founded_year | HQ Location |
Non-GMO, gluten-free snack boxes are delivered weekly via subscription.
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| domain | founded_year | HQ Location |
Online platform for sports betting, casino games, and user bonuses.
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| domain | founded_year | HQ Location |
Delivers personalized food options to meet customer preferences.
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| domain | founded_year | HQ Location |
Produces healthy, low-calorie, high-protein snacks for online and office sales.
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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 SnackMagic
When was SnackMagic founded?
SnackMagic was founded in 2020 and raised its 1st funding round 1 year after it was founded.
Where is SnackMagic located?
SnackMagic is headquartered in New York, United States. It is registered at New York, New York, United States.
Who is the current CEO of SnackMagic?
Shaunak Amin is the current CEO of SnackMagic. They have also founded this company.
Is SnackMagic a funded company?
SnackMagic is a funded company, having raised a total of $15M across 1 funding round to date. The company's 1st funding round was a Series A of $15M, raised on Apr 09, 2021.
How many employees does SnackMagic have?
As of Dec 31, 2021, the latest employee count at SnackMagic is 2.
What does SnackMagic do?
SnackMagic was founded in 2020 in New York, United States, within the subscription-based food delivery sector. Snack boxes are provided on a customizable basis, primarily targeting corporate employees and conference attendees. Operations involve delivery management, with companies utilizing the firms software suite to oversee subscriptions and logistics across the region.
Who are the top competitors of SnackMagic?
SnackMagic's top competitors include NatureBox, Nourish Snacks and Without A Trace Foods.
Who are SnackMagic's investors?
SnackMagic has 2 investors. Key investors include Craft Ventures, and Luxor Capital Group.
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