About Tortilla
Tortilla is a company based in London (United Kingdom) founded in 2007.. Tortilla has raised $5.66 million across 4 funding rounds from investors including Santander UK, Bemberg Capital and Santander Corporate & Commercial. Tortilla offers products and services including Burrito, Naked Burrito, Tacos, Nachos, and Quesadilla. Tortilla operates in a competitive market with competitors including YUM! Brands, The Restaurant Group, Dishoom, Loungers and YOUNG’S, among others.
- Headquarter London, United Kingdom
- Stage Public
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Sectors
Consumer
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Phone
*********
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Website
*********
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Social
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- Legal Name Tortilla Mexican Grill Ltd.
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Annual Revenue
$85.2 M (USD)3.54as on Dec 31, 2024
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Net Profit
$-4.17 M (USD)-204.47as on Dec 31, 2024
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EBITDA
$13.36 M (USD)10.93as on Dec 31, 2024
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Total Equity Funding
$5.66 M (USD)
in 4 rounds
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Latest Funding Round
$13.6 M (USD), Debt – Conventional
Oct 08, 2021
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Investors
Santander UK
& 2 more
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Employee Count
Employee Count
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IPO & Listings of Tortilla
Tortilla is a publicly listed company on the LSE with ticker symbol MEX in UK, operating in the Consumer services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Tortilla
Tortilla offers a comprehensive portfolio of products and services, including Burrito, Naked Burrito, Tacos, Nachos, and Quesadilla. 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.
Tortilla wrapped with fillings like meat, rice, and vegetables for quick meals.
Burrito ingredients in a bowl, lighter option with customizable toppings.
Soft-shell tacos with fresh fillings and toppings for handheld eating.
Tortilla chips topped with cheese sauce, guacamole, and pico de gallo.
Tortilla filled with protein, cheese, and salsa, served with sides.
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Funding Insights of Tortilla
Tortilla has successfully raised a total of $5.66M across 4 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $13.6 million completed in October 2021. 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 4
- Last Round Debt – Conventional — $13.6M
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First Round
First Round
(19 Dec 2011)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2021 | Amount | Debt – Conventional - Tortilla | Valuation |
investors |
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| Nov, 2014 | Amount | Debt – Conventional - Tortilla | Valuation |
investors |
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| Oct, 2012 | Amount | Debt – Conventional - Tortilla | 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 Tortilla
Tortilla has secured backing from 3 investors, including institutional investors. Prominent investors backing the company include Santander UK, Bemberg Capital and Santander Corporate & Commercial. 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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Financial solutions for personal and business banking are provided.
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location | |
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Wealth management services are provided by Quilvest in Luxembourg.
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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 Tortilla
| 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 - Tortilla
| 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 |
Tortilla Comparisons
Competitors of Tortilla
Tortilla 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 YUM! Brands, The Restaurant Group, Dishoom, Loungers and YOUNG’S, 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 |
Restaurants chains
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Hundreds of restaurants and pubs are operated across the UK.
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Multi-category food is served by a chain of limited-service restaurants.
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| domain | founded_year | HQ Location |
Chain of restaurant operates cafe-bar and dining serving food & beverages products
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| domain | founded_year | HQ Location |
A chain of restaurants is operated, offering food and drinks.
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| domain | founded_year | HQ Location |
Quick service restaurant chain
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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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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 Tortilla
Frequently Asked Questions about Tortilla
When was Tortilla founded?
Tortilla was founded in 2007 and raised its 1st funding round 4 years after it was founded.
Where is Tortilla located?
Tortilla is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Is Tortilla a funded company?
Tortilla is a funded company, having raised a total of $5.66M across 4 funding rounds to date. The company's 1st funding round was a Debt – Conventional of $3.64M, raised on Dec 19, 2011.
What is the annual revenue of Tortilla?
Annual revenue of Tortilla is $85.2M as on Dec 31, 2024.
What does Tortilla do?
Tortilla was founded in 2007 in London, United Kingdom, as a fast-casual Mexican restaurant chain. California-inspired burritos and tacos are provided through its operations. The initial location was established in London, with expansion leading to more than 20 restaurants managed across the United Kingdom by February 2019. Focus remains on casual dining services in the food sector.
Who are the top competitors of Tortilla?
Tortilla's top competitors include Loungers, The Restaurant Group and YUM! Brands.
What products or services does Tortilla offer?
Tortilla offers Burrito, Naked Burrito, Tacos, Nachos, and Quesadilla.
Is Tortilla publicly traded?
Yes, Tortilla is publicly traded on LSE under the ticker symbol MEX.
Who are Tortilla's investors?
Tortilla has 3 investors. Key investors include Santander UK, Bemberg Capital, and Santander Corporate & Commercial.
What is Tortilla's ticker symbol?
The ticker symbol of Tortilla is MEX on LSE.
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