Spoonshot

Bengaluru, India Founded: 2015 • Age: 11 yrs
Platform to predict consumer tastes and food trends for restaurants and food service companies
Annual revenue - Latest available
Total funding $1.8M 3 rounds
Employees - Tracked headcount
Investors 4 Known backers
Products 3 Services tracked
Competitors 9 Brand Intelligence

About Spoonshot

Spoonshot is a company based in Bengaluru (India) founded in 2015 by Kishan Vasani and Sai Sreenivas Kodur. Spoonshot has raised $1.75 million across 3 funding rounds from investors including Techstars, Arts Alliance Ventures and Prizeflex. Spoonshot offers products and services including Trend Watch, Concepts Generator, and F&B Explorer. Spoonshot operates in a competitive market with competitors including Tastewise, Recipe Keeper, NutriCal, Is It Vegan and MyFoodOffice, among others.

  • Headquarter Bengaluru, India
  • Founders Kishan Vasani, Sai Sreenivas Kodur
  • Sectors
    Consumer
  • Email
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  • Phone
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  • Website
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  • Social
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  • Legal Name Target Research Group, Inc.
Operational Areas
Consumer → Food, Beverage & Nutrition Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $1.75 M (USD)

    in 3 rounds

  • Latest Funding Round
    $1.34 M (USD), Series A

    Aug 31, 2020

  • Investors
    Techstars

    & 3 more

  • Employee Count
    Not available
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Products & Services of Spoonshot

Spoonshot offers a comprehensive portfolio of products and services, including Trend Watch, Concepts Generator, and F&B Explorer.

Product name locked
Category locked
Primary

Tool for forecasting food trends and market insights.

Product name locked
Category locked
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Generates innovative food concepts and flavor combinations.

Product name locked
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Analyzes competitors and data for informed strategies.

People of Spoonshot

Headcount 10-50
Employee Profiles 2
Employee Profiles
People
Ravishankara Shastry
Principal Data Scientist

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Funding Insights of Spoonshot

Spoonshot has successfully raised a total of $1.75M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $1.34 million completed in August 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.

Investors in Spoonshot

Spoonshot has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include Techstars, Arts Alliance Ventures and Prizeflex.

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Venture Fund
Institutional
Investor Description Founded Year Domain Location
Venture capital firm investing in and supporting early-stage companies across various sectors.
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Startups are accelerated globally without sector restrictions through structured programs.
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Investing in enterprise tech, consumer, and health/bio sectors.
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Investor details for Spoonshot

Investor domains, locations, round participation, and complete history require an active premium plan.

  • Investor domains
  • Investor locations
  • Funding rounds
  • Participation history

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Investments & Acquisitions by Spoonshot

Investments
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Investment portfolio details for Spoonshot

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  • Portfolio identities
  • Transaction dates
  • Round details
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Financial Statements - Spoonshot

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Detailed financials for Spoonshot

Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.

  • Historical revenue
  • Profit trends
  • Statement rows
  • Financial ratios

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Spoonshot Comparisons

Spoonshot Primary company
Description
Platform to predict consumer tastes and food trends for rest...
Location
Bengaluru, India
Founded Year
2015
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Spoonshot

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Competitors of Spoonshot

Spoonshot 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 Tastewise, Recipe Keeper, NutriCal, Is It Vegan and MyFoodOffice, among others.

Company Name Domain Founded year HQ Location Description
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Offers AI-based food intelligence solutions for restaurants
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App for collecting, organizing, and sharing recipes with shopping lists and meal planning.
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Web-based recipe management solution for the food industry
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Mobile app scans UPC codes to analyze ingredients for vegan verification.
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Software application for food recipe analytics
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Detailed competitors of Spoonshot

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  • Domains and locations
  • Full company profiles
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Latest news on Spoonshot

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Complete news archive for Spoonshot

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  • Source and publication date
  • Older coverage
  • Brand-specific news history

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Frequently Asked Questions about Spoonshot

Spoonshot was founded in 2015 and raised its 1st funding round 2 years after it was founded.

Spoonshot is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.

Kishan Vasani is the current CEO of Spoonshot. They have also founded this company.

Spoonshot is a funded company, having raised a total of $1.75M across 3 funding rounds to date.

Spoonshot was founded in 2015 in Bengaluru, India, as a platform in the food technology sector. Consumer preferences and emerging food trends are analyzed using food science and machine learning. Services provided include taste intelligence for trend forecasting, personalized recommendations for menu optimization, and guest intelligence for customer insights. Operations focus on supporting restaurants and foodservice companies with data-driven predictions.

Spoonshot's top competitors include Tastewise, MyFoodOffice and NutriCal.

Spoonshot offers Trend Watch, Concepts Generator, and F&B Explorer.

Spoonshot has 4 investors. Key investors include Techstars, Arts Alliance Ventures, Prizeflex, and SRI Capital.

The valuation of Spoonshot is $849.41K as of Mar 2017.

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