About Traveling Spoon
Traveling Spoon is a company based in San Francisco (United States) founded in 2013. It operates as a Two-Sided Marketplace, and On-Demand Services. Traveling Spoon has raised $870 thousand across 2 funding rounds from investors including The Chennai Angels and Dorm Room Fund. Traveling Spoon offers products and services including In-home Meals, Cooking Experiences, Market Visits, and Online Cooking Classes. Traveling Spoon operates in a competitive market with competitors including Dinner Lab, Tasting Collective, Komeeda, Ritual at Manresa and World Chef, among others.
- Headquarter San Francisco, United States
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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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Annual Revenue
$54.47 K71as on Dec 31, 2016
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Net Profit
$-521.82 K8as on Dec 31, 2016
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EBITDA
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Total Equity Funding
$870 K (USD)
in 2 rounds
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Latest Funding Round
$870 K (USD), Seed
Sep 15, 2015
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Investors
The Chennai Angels
& 1 more
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Employee Count
Employee Count
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Products & Services of Traveling Spoon
Traveling Spoon offers a comprehensive portfolio of products and services, including In-home Meals, Cooking Experiences, Market Visits, and Online Cooking Classes. 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.
Homemade meals are enjoyed with local hosts.
Cooking traditions are learned with local hosts.
Local markets are explored with knowledgeable hosts.
Virtual cooking classes are offered with locals.
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Funding Insights of Traveling Spoon
Traveling Spoon has successfully raised a total of $870K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $870 thousand completed in September 2015. 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 2
- Last Round Seed — $870,000
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First Round
First Round
(23 Jan 2014)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2015 | Amount | Seed - Traveling Spoon | Valuation |
investors |
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| Jan, 2014 | Amount | Debt – Conventional - Traveling Spoon | 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 Traveling Spoon
Traveling Spoon has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include The Chennai Angels and Dorm Room Fund. 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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Angel network focused on multiple sectors
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Founded Year | Domain | Location | |
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Micro VC investments are directed toward US student-led startups.
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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 Traveling Spoon
| 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 - Traveling Spoon
| 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 |
Traveling Spoon Comparisons
Competitors of Traveling Spoon
Traveling Spoon 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 Dinner Lab, Tasting Collective, Komeeda, Ritual at Manresa and World Chef, 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 |
Offers a membership-based service for social dining experiences.
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| domain | founded_year | HQ Location |
Feasts and tastings for shared dining experiences are hosted.
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| domain | founded_year | HQ Location |
Online marketplace for chef-hosted events
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| domain | founded_year | HQ Location |
Chain of restaurant serving multiple dishes
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| domain | founded_year | HQ Location |
Online platform offering seasonal meal kit experiences crafted by foodies, culinary influencers, and celebrity chefs
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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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Frequently Asked Questions about Traveling Spoon
When was Traveling Spoon founded?
Traveling Spoon was founded in 2013 and raised its 1st funding round 1 year after it was founded.
Where is Traveling Spoon located?
Traveling Spoon is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Is Traveling Spoon a funded company?
Traveling Spoon is a funded company, having raised a total of $870K across 2 funding rounds to date. The company's 1st funding round was a Debt – Conventional of $160K, raised on Jan 23, 2014.
What is the annual revenue of Traveling Spoon?
Annual revenue of Traveling Spoon is $54.47K as on Dec 31, 2016.
What does Traveling Spoon do?
Traveling Spoon is engaged in providing authentic culinary experiences by connecting travelers with local home cooks in over 200 destinations worldwide. Services are offered in the form of in-home meals, cooking classes, and market tours, allowing cultural immersion through food. The company operates within the hospitality and tourism sector, emphasizing personalized and private experiences. Solutions are designed to facilitate meaningful connections and preserve culinary traditions across generations.
Who are the top competitors of Traveling Spoon?
Traveling Spoon's top competitors include Tasting Collective, Komeeda and World Chef.
What products or services does Traveling Spoon offer?
Traveling Spoon offers In-home Meals, Cooking Experiences, Market Visits, and Online Cooking Classes.
Who are Traveling Spoon's investors?
Traveling Spoon has 2 investors. Key investors include The Chennai Angels, and Dorm Room Fund.