About Takeoff
Takeoff is a company based in Waltham (United States) founded in 2016 by Jose Vicente Aguerrevere.. Takeoff has raised $79.56 million across 5 funding rounds from investors including Forrest Capital and IGNIA. The company has 50 employees as of April 04, 2024. Takeoff operates in a competitive market with competitors including Anchanto, Printful, Fabric, Darkstore and Ekos Brewmaster, among others.
- Headquarter Waltham, United States
- Employees 50 as on 04 Apr, 2024
- Founders Jose Vicente Aguerrevere
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Sectors
TechnologyRetail Transportation, Automotive & Logistics Industrial Goods & Manufacturing
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Email
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Phone
*********
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Website
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Social
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- Legal Name Takeoff International Subco India Private Limited
- Date of Incorporation 23 May, 2022
- Jurisdiction Thane, Maharashtra, India
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Annual Revenue
$1.24 M (USD)0as on Mar 31, 2023
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Net Profit
$153.15 K (USD)0as on Mar 31, 2023
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EBITDA
$219.9 K (USD)0as on Mar 31, 2023
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Total Equity Funding
$79.56 M (USD)
in 5 rounds
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Latest Funding Round
$25 M (USD), Series C
Sep 16, 2019
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Investors
Forrest Capital
& 1 more
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Employee Count
50
as on Apr 04, 2024
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Funding Insights of Takeoff
Takeoff has successfully raised a total of $79.56M across 5 strategic funding rounds. The most recent funding activity was a Series C round of $25 million completed in September 2019. 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 C — $25.0M
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First Round
First Round
(21 Nov 2016)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2019 | Amount | Series C - Takeoff | Valuation | Forrest Capital |
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| Mar, 2019 | Amount | Series B - Takeoff | Valuation | IGNIA |
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| Jan, 2018 | Amount | Series A - Takeoff | Valuation |
investors |
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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 Takeoff
Takeoff has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include Forrest Capital and IGNIA. 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 made by IGNIA across multiple sectors.
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Founded Year | Domain | Location | |
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Corporate advisory and financial services are provided by Forrest Capital.
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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 Takeoff
| 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 - Takeoff
| 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 |
Takeoff Comparisons
Competitors of Takeoff
Takeoff 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 Anchanto, Printful, Fabric, Darkstore and Ekos Brewmaster, 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 |
SaaS solutions for e-commerce and logistics operations are delivered.
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| domain | founded_year | HQ Location |
On-demand custom printing and fulfillment services are provided for e-commerce.
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| domain | founded_year | HQ Location |
AI-based robots are provided for logistics micro-fulfillment operations.
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| domain | founded_year | HQ Location |
Outsourced fulfillment services are provided for digitally native brands.
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| domain | founded_year | HQ Location |
Cloud-based ERP software for brewery management is provided.
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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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Latest news on Takeoff
Frequently Asked Questions about Takeoff
When was Takeoff founded?
Takeoff was founded in 2016.
Where is Takeoff located?
Takeoff is headquartered in Waltham, United States. It is registered at Waltham, Massachusetts, United States.
Who is the current CEO of Takeoff?
Jose Vicente Aguerrevere is the current CEO of Takeoff. They have also founded this company.
Is Takeoff a funded company?
Takeoff is a funded company, having raised a total of $79.56M across 5 funding rounds to date. The company's 1st funding round was a Series A of $12.5M, raised on Nov 21, 2016.
How many employees does Takeoff have?
As of Apr 04, 2024, the latest employee count at Takeoff is 50.
What is the annual revenue of Takeoff?
Annual revenue of Takeoff is $1.24M as on Mar 31, 2023.
What does Takeoff do?
Takeoff was founded in 2016 and is headquartered in Waltham, United States. Logistics and fulfillment services are delivered to e-grocers through a network of mini-warehouses. Grocery-sorting robots are utilized in these facilities to assemble orders for retailers. Operations focus on the e-commerce grocery sector, enabling efficient order processing and distribution.
Who are the top competitors of Takeoff?
Takeoff's top competitors include Darkstore, Fabric and Ekos Brewmaster.
Who are Takeoff's investors?
Takeoff has 2 investors. Key investors include Forrest Capital, and IGNIA.
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