About The Chefz
The Chefz is a company based in Riyadh (Saudi Arabia) founded in 2016 by Abdulrahman Almarshad and Abdulrahman A Alshabanat was acquired by Jahez in November 2022.. The Chefz has raised $1.6 million across 1 funding round from investors including Jahez, Vision Ventures and Impact46. The Chefz operates in a competitive market with competitors including Jahez, Koinz, Jahez, Shgardi and Lugmety, among others.
- Headquarter Riyadh, Saudi Arabia
- Founders Abdulrahman Almarshad, Abdulrahman A Alshabanat
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Sectors
Consumer
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Email
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Phone
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Website
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Social
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Funding Insights of The Chefz
The Chefz has successfully raised a total of $1.6M through 1 strategic funding round. The most recent funding activity was a Seed round of $1.6 million completed in February 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.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Seed — $1.6M
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First Round
First Round
(09 Feb 2020)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Feb, 2020 | Amount | Seed - The Chefz | Valuation | Vision Ventures |
| 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 The Chefz
The Chefz has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include Jahez, Vision Ventures and Impact46. 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 in promising startups.
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Founded Year | Domain | Location | |
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Venture capital firm focused on seed and growth investments
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Founded Year | Domain | Location | |
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OceanX is focused on ocean science and education initiatives.
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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 The Chefz
| 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 - The Chefz
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
The Chefz Comparisons
Competitors of The Chefz
The Chefz 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 Jahez, Koinz, Jahez, Shgardi and Lugmety, 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 |
Food discovery and ordering are enabled via an online platform.
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| domain | founded_year | HQ Location |
App based platform for food order and delivery
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| domain | founded_year | HQ Location |
Food discovery and ordering are enabled via an online platform.
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| domain | founded_year | HQ Location |
Online plattform for food and grocery delivery services
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| domain | founded_year | HQ Location |
Lugmety is an online platform that delivers food from local restaurants to customers.
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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 The Chefz
Frequently Asked Questions about The Chefz
When was The Chefz founded?
The Chefz was founded in 2016 and raised its 1st funding round 4 years after it was founded.
Where is The Chefz located?
The Chefz is headquartered in Riyadh, Saudi Arabia.
Who is the current CEO of The Chefz?
Abdulrahman A Alshabanat is the current CEO of The Chefz. They have also founded this company.
Is The Chefz a funded company?
The Chefz is a funded company, having raised a total of $1.6M across 1 funding round to date. The company's 1st funding round was a Seed of $1.6M, raised on Feb 09, 2020.
What does The Chefz do?
The Chefz is an online platform for food discovery and ordering. It allows users to discover nearby restaurants, bakeries, chocolate stores, browse menus place orders for delivery. It allows users to view previous reviews and ratings also enables users to give ratings on the food products. It provides an online tracking system offers a platform to chat with professional chefs. The app is available for iOS Android users.
Who are the top competitors of The Chefz?
Who are The Chefz's investors?
The Chefz has 4 investors. Key investors include Jahez, Vision Ventures, Impact46, and OceanX.
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