About SnapCalorie
SnapCalorie is a company based in Great Falls (United States) founded in 2021 by Wade Norris and Scott Baron.. SnapCalorie has raised $2.13 million across 2 funding rounds from investors including Accel, Index Ventures and Y Combinator. SnapCalorie offers products and services including SnapCalorie App and Voice Notes Feature. SnapCalorie operates in a competitive market with competitors including Spoon Guru, Shutterbite, ScanFood, EatRx and Cook Applications, among others.
- Headquarter Great Falls, United States
- Founders Wade Norris, Scott Baron
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Sectors
Consumer
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Phone
*********
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Website
*********
- Legal Name G.T.I.Co Srl
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$2.13 M (USD)
in 2 rounds
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Latest Funding Round
$2 M (USD), Seed
Jun 26, 2023
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Investors
Accel
& 2 more
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Employee Count
Employee Count
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Products & Services of SnapCalorie
SnapCalorie offers a comprehensive portfolio of products and services, including SnapCalorie App and Voice Notes Feature. 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.
App that uses AI to estimate calories and nutrition from user-uploaded meal photos.
Feature allowing voice-based meal descriptions for hands-free calorie tracking.
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Funding Insights of SnapCalorie
SnapCalorie has successfully raised a total of $2.13M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $2 million completed in June 2023. 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 — $2.0M
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First Round
First Round
(01 Sep 2021)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2023 | Amount | Seed - SnapCalorie | Valuation | Index Ventures | |
| Sep, 2021 | Amount | Seed - SnapCalorie | 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 SnapCalorie
SnapCalorie has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Accel, Index Ventures and 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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Venture capital investments in technology startups and entrepreneurs.
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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 | |
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Accel is recognized as a leading venture capital firm.
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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 SnapCalorie
| 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 - SnapCalorie
| 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 |
Snapcalorie Comparisons
Competitors of SnapCalorie
SnapCalorie 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 Spoon Guru, Shutterbite, ScanFood, EatRx and Cook Applications, 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 |
Nutritional information of food products is analyzed via AI-powered platform.
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| domain | founded_year | HQ Location |
Mobile app tracks meals, hunger, mood, and goals for better eating habits.
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| domain | founded_year | HQ Location |
Calorie counter app for tracking food intake and managing weight loss goals.
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| domain | founded_year | HQ Location |
Software solution to track daily nutrient consupmtion and build meal plans
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| domain | founded_year | HQ Location |
Provides an app-based platform for consumers to track and manage their nutrition effectively.
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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 SnapCalorie
When was SnapCalorie founded?
SnapCalorie was founded in 2021.
Where is SnapCalorie located?
SnapCalorie is headquartered in Great Falls, United States. It is registered at Great Falls, Montana, United States.
Who is the current CEO of SnapCalorie?
Wade Norris is the current CEO of SnapCalorie. They have also founded this company.
Is SnapCalorie a funded company?
SnapCalorie is a funded company, having raised a total of $2.13M across 2 funding rounds to date. The company's 1st funding round was a Seed of $125K, raised on Sep 01, 2021.
What does SnapCalorie do?
SnapCalorie was founded in 2021 and is headquartered in Great Falls, United States. The platform operates in the AI-driven health and nutrition sector, where users upload photographs of meals for automated detection. Nutritional breakdowns, including calories, fat, carbohydrates, and protein, are generated through image recognition technology. Services focus on providing accurate food composition data to support dietary tracking.
Who are the top competitors of SnapCalorie?
SnapCalorie's top competitors include Spoon Guru, Kilogram and EatRx.
What products or services does SnapCalorie offer?
SnapCalorie offers SnapCalorie App and Voice Notes Feature.
Who are SnapCalorie's investors?
SnapCalorie has 3 investors. Key investors include Accel, Index Ventures, and Y Combinator.