About Spoon University
Spoon University is a company based in New York (United States) founded in 2013 was acquired by Scripps Networks Interactive in May 2017.. Spoon University has raised $2.68 million across 2 funding rounds from investors including Lerer Hippeau, Scripps Networks Interactive and Vayner/RSE. Spoon University offers products and services including Food Content Platform. Spoon University operates in a competitive market with competitors including Yummly, abillion, Food Network, XiaChuFang and Gojee, among others.
- Headquarter New York, United States
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Sectors
ConsumerMedia & Entertainment
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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
$2.68 M (USD)
in 2 rounds
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Latest Funding Round
$2.68 M (USD), Seed
Jul 14, 2015
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Investors
Lerer Hippeau
& 11 more
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Employee Count
Employee Count
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Acquired by
Scripps Networks Interactive
(May 03, 2017)
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Products & Services of Spoon University
Spoon University offers a comprehensive portfolio of products and services, including Food Content Platform. 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.
Website for recipes and lifestyle articles targeted at students
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Funding Insights of Spoon University
Spoon University has successfully raised a total of $2.68M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $2.68 million completed in July 2015. 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 — $2.7M
- First Round First Round
- Investors Count 11
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2015 | Amount | Seed - Spoon University | Valuation | Uncork Capital | |
| Jun, 2015 | Amount | Seed - Spoon University | 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 Spoon University
Spoon University has secured backing from 12 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Lerer Hippeau, Scripps Networks Interactive and Vayner/RSE. 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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US venture capital investments are managed by Gotham Gal firm.
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Founded Year | Domain | Location | |
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USA focused VC firm investing in seed and early stage startups
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Founded Year | Domain | Location | |
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Investing in early-stage tech companies and ideas.
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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 Spoon University
| 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 - Spoon University
| 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 |
Spoon University Comparisons
Competitors of Spoon University
Spoon University 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 Yummly, abillion, Food Network, XiaChuFang and Gojee, 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 |
Personalized recipe recommendations are provided based on user data points.
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| domain | founded_year | HQ Location |
A community for vegan dishes is provided via mobile app.
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| domain | founded_year | HQ Location |
Offers online recipes, videos, cooking tips, and shows for home cooks.
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| domain | founded_year | HQ Location |
Content driven eCommerce for food items and a recipe sharing platform
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| domain | founded_year | HQ Location |
Online recipes from global bloggers are aggregated and personalized.
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| domain | founded_year | HQ Location |
Recipes are aggregated online by ingredients, styles, and regions.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Spoon University
When was Spoon University founded?
Spoon University was founded in 2013 and raised its 1st funding round 2 years after it was founded.
Where is Spoon University located?
Spoon University is headquartered in New York, United States. It is registered at New York, New York, United States.
Is Spoon University a funded company?
Spoon University is a funded company, having raised a total of $2.68M across 2 funding rounds to date.
What does Spoon University do?
Spoon University food community and website for college students and millennials. Content revolves around tips, tricks for healthy eating and living, food reviews, restaurant recommendations, etc. Applications for content writers are curated and selected members are trained. Monetizes through display and video ads, sponsored content, as well as affiliate links.
Who are the top competitors of Spoon University?
What products or services does Spoon University offer?
Spoon University offers Food Content Platform.
Who are Spoon University's investors?
Spoon University has 12 investors. Key investors include Lerer Hippeau, Scripps Networks Interactive, Vayner/RSE, Gotham Gal, and BoxGroup.