About Takeoff
Takeoff is a Technology company based in Waltham (United States) founded in 2016 by Jose Vicente Aguerrevere. Provider of logistics and fulfillment solutions for e-grocers. It operates in the Technology, Retail, and Transportation, Automotive & Logistics sectors. Takeoff has raised $79.56 million across 5 funding rounds from investors including Forrest Capital and IGNIA. The company has 50 employees. Its chief executive, as recorded, is Jose Vicente Aguerrevere. Its Indian entity Takeoff International Subco India Private Limited reported revenue of ₹10.45 Cr. Its focus areas include Food and Agriculture Tech, Online Grocery, Technology Enablers and Grocery Retailers. Its competitors include Printful, Darkstore and Ekos Brewmaster; 3 of its 3 listed competitors have raised funding.
Company details
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.
- Headquarters Waltham, United States
- Employees 50
- Founders Jose Vicente Aguerrevere
- SectorsTechnologyRetail Transportation, Automotive & Logistics Industrial Goods & Manufacturing
- Email••••••••
- Phone•••• ••••
- Website takeoff.com
- Social LinkedIn X
- Legal Name Takeoff International Subco India Private Limited
- Date of Incorporation 23 May, 2022
- Jurisdiction Thane, Maharashtra, India
- Indian entity revenue₹10.45 Cr
FY 2025 · -56% YoY
- Indian entity net loss-₹2.67 Cr
FY 2025 · -26% margin
- Indian entity EBITDA-₹2.54 Cr
FY 2025 · -24% margin
- Total Equity Funding$79.56M (USD)
in 5 rounds
- Latest Funding Round$25M (USD), Series C
Sep 2019
- InvestorsForrest Capital
& 1 more
- Employee Count50
Associated legal entities of Takeoff
Takeoff operates through Takeoff International Subco India Private Limited (under liquidation). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Takeoff International Subco India Private Limited CIN U72900MH2022FTC383121 | Under Liquidation | 23 May 2022 | Thane, Maharashtra | ₹10.4 Cr | 50 | 2 | View details |
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 $79.56M
- Total Rounds 5
- Last Round Series C — $25M
- First Round $2.92M
(Nov 2016)
- Investors Count 2
All 5 funding rounds of Takeoff with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep 2019 | $25M | Series C | – | Forrest Capital | – |
| Mar 2019 | $36.23M | Series B | – | IGNIA | – |
| Jan 2018 | $12.5M | Series A | – | – | – |
| Dec 2016 | $2.92M | Series A | – | – | – |
| Nov 2016 | $2.92M | Series A | – | – | – |
2 investors in total: 2 institutional.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital investments are made by IGNIA across multiple sectors. | igniaunlocked.mx | Mexico City, Mexico | ||
Corporate advisory and financial services are provided by Forrest Capital. | forrestcapital.com.au | Cottesloe, Australia |
Investor details for Takeoff
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Board of directors of Takeoff International Subco India Private Limited (Takeoff)
Takeoff International Subco India Private Limited is the primary company behind Takeoff. The board of Takeoff International Subco India Private Limited currently have 2 directors; the longest-serving is Santosh Vishwanath, appointed in 2022. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Santosh Vishwanath DIN 09614883 | Director | 23 May 2022 | 4 yrs 5 mo | Takeoff International Subco India Private Limited |
| Manish Gupta DIN 08993952 | Director | 15 May 2025 | 1 yr 5 mo | Takeoff International Subco India Private Limited |
People of Takeoff
52 people are tracked at Takeoff (12 in leadership, 4 in board & advisors, 36 in team); the tracked headcount is 50.
| Name | Role | Group |
|---|---|---|
Jose Vicente Aguerrevere | Co-Founder & CEO | Leadership |
Heather Hall | Director of Field Operations | Leadership |
Curt Avallone | Chief Business Officer | Leadership |
Matthew Barnes | CTO | Leadership |
Francis Maruca | Director of Engineering, Release Management | Leadership |
Yevgeny Balter | Vice President of Engineering & President of Takeoff Ukraine, LLC | Leadership |
Devlyn Brisson | VP of Operations | Leadership |
Adele Housley | Head Agile Coach | Leadership |
Joy Harju | Global Director Of Human Resources | Leadership |
Brigid Macdonald | Vice President of People | Leadership |
Matthew Mahoney | Director of Engineering | Leadership |
Paul Martel | Vice President Implementation | Leadership |
Juan Simón Mendoza | Board Member | Board & advisors |
Michael Chu | Board Member | Board & advisors |
Woods Staton | Board Member | Board & advisors |
James Mccann | Advisory Board Member | Board & advisors |
Denise Gallagher | Global People Operations Manager | Team |
Harshal Sapre | Software engineer 2 | Team |
Dmytro Martynov | Technical Program Manager | Team |
Gokul Chavan | Software Engineer | Team |
32 more people are available in the full profile.
Complete people profiles for Takeoff
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Financials of Takeoff
Figures of Takeoff International Subco India Private Limited, the primary company behind Takeoff, for FY 2025. Revenue was ₹10.45 Cr (-56% year on year). Net loss was -₹2.67 Cr (-26% margin). EBITDA was -₹2.54 Cr (-24% margin).
- ₹10.45 CrRevenue · FY 2025 · -56% YoY
- -₹2.67 CrNet loss · -26% margin
- -₹2.54 CrEBITDA · -24% margin
- ₹1 LakhPaid-up capital
- 50Employees (provident fund records)
Balance sheet, profit and loss, cash flow and ratios of Takeoff International Subco India Private Limited are on its company page.
Detailed financial statements for Takeoff
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of Takeoff
3 dated milestones of Takeoff across 3 years, from founding to its latest funding, stage changes and deals.
- Founded Takeoff is founded.
- Funding First funding round of $2.9M.
- Funding Latest funding round, Series C, of $25.0M.
Competitors of Takeoff
Takeoff has 3 listed competitors in our database, 3 of them funded. They include Printful, Darkstore and Ekos Brewmaster.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| printful.com | 2013 | Charlotte, United States | $130M | 749 | On-demand custom printing and fulfillment services are provided for e-commerce. | |
| darkstore.com | 2016 | San Francisco, United States | $30.17M | 97 | Outsourced fulfillment services are provided for digitally native brands. | |
| goekos.com | 2002 | Charlotte, United States | $29M | 80 | Cloud-based ERP software for brewery management is provided. |
Detailed competitors of Takeoff
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Top companies in Brand & Marketing Technology
3 companies that operate in the same segment as Takeoff (Brand & Marketing Technology) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
SaaS email marketing solutions are offered to e-commerce businesses. | 2012 | Boston, Massachusetts, United States | USD 778.5 M | USD 1.23 B | 3,008 | |
Platform acquiring Amazon FBA brands | 2018 | Walpole, Massachusetts, United States | USD 3.4 B | 233 | ||
SaaS-based collaborative commerce solutions are provided for brands and retailers. | 2000 | New York, New York, United States | USD 365 M | USD 240.52 M | 2,144 |
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Related news about Takeoff
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Frequently Asked Questions about Takeoff
Takeoff was founded in 2016.
Takeoff is headquartered in Waltham, United States. It is registered at Waltham, Massachusetts, United States.
Jose Vicente Aguerrevere is the CEO of Takeoff, as recorded in our data. They have also founded this 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 $2.92M, raised on Nov 2016.
Takeoff has 50 employees.
The primary company behind Takeoff, Takeoff International Subco India Private Limited, reported revenue of ₹10.45 Cr for FY 2025, down 56% year on year.
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.
Takeoff's top competitors include Darkstore, Ekos Brewmaster and Printful.
Takeoff has 2 investors. Key investors include Forrest Capital, and IGNIA.
Takeoff operates through Takeoff International Subco India Private Limited.
The legal entities of Takeoff currently have 2 directors, including Santosh Vishwanath, Manish Gupta.