TRACXN TOP BUSINESS MODELS REPORT

TOP EMERGING THEMES IN FOOD TECH

JANUARY 15, 2020

 Tracxn
World’s Largest Start-up Research Platform

2 Top Funded Business Models in Food Tech Copyright © 2020, Tracxn Technologies Private Limited. All rights reserved.
 Contents
Overview of Food Tech 4

Leaderboard 5

Top Funded Business Models 10

Appendix 60

3 Top Funded Business Models in Food Tech Copyright © 2020, Tracxn Technologies Private Limited. All rights reserved.
 Overview of Food Tech
Funding Trend Funding – By Feeds Key Stats
$11.2B Market Size
Companies Covered 17,345
$9.1B Funded Companies 3,440
Total Funding $45.0B
$6.9B Food Tech (56%)
Funding in last 24 months $19.8B
$5.9B
$5.B Most Active Investors
Seed Y Combinator (73)
SeriesA/B Sequoia Capital (24)
SeriesC+ Tiger Global Management (8)
$191M Exits
Online Grocery (43%) IPOs 50
$191M
2015 2016 2017 2018 2019 2020 YTD Acquisitions 538
745 694 564 547 474 8 Company Stage
Unicorns 18
$ Funding # Rounds Soonicorns 86
Minicorns 223
Editor Picks 1,234
Top Companies
Series A+ 1,012
Series C+ 261
Acqihires 30
Deadpooled 3,528
Top Cities
Zomato Swiggy Deliveroo Instacart Beijing (118 Cos, $5.6B)
(2008, $838M) (2014, $1.4B) (2013, $1.5B) (2012, $2.5B) San Francisco (138 Cos, $4.7B)

4 Top Funded Business Models in Food Tech Copyright © 2020, Tracxn Technologies Private Limited. All rights reserved.
 Top Funded Business Models (1/5)
Rank Feed Business Model Notable Company

1 ▶0
Food Tech Online Food Delivery Zomato
(2008, Gurgaon, $838M)

2 ▶0
Food Tech Internet First Restaurants Curefit
(2016, Bangalore, $389M)

3 ▶0
Food Tech Restaurant POS PAR Technology Corp
(1978, New Hartford)

4 ▶0
Food Tech
Food Tech > Internet First Restaurant > Pre prepared Ready to
Heat Meals
Fingerlix
(2016, Mumbai, $30.4M)

5 ▲2
Food Tech
Food Tech > Technology Enablers > Restaurants > Online
Ordering Solutions
Olo
(2005, New York City, $71.7M)

6 ▶0
Food Tech Food Tech > Catering > Marketplace HungerBox
(2015, Bangalore, $42.2M)

7 ▲17
Food Tech Food Tech > Shared Kitchen > Managed Rebel Foods
(2010, Mumbai, $244M)

8 ▲28
Food Tech Food Tech > Novel Foods > Food Ingredients > Protein Puris
(1985, Minneapolis, $113M)

9 ▼-4
Food Tech
Food Tech > Food Discovery and Ordering > Dine Out >
Reservation and Ordering
OpenTable
(1998, San Francisco, $12.0M)

10 ▶0
Food Tech Food Tech > Catering > Marketplace > Office Focused HungerBox
(2015, Bangalore, $42.2M)

* Rank is based on $Invested and #Rounds in last 24 months in Business Model. ▲- Indicates change in Rank from previous 24 months.

5 Top Funded Business Models in Food Tech Copyright © 2020, Tracxn Technologies Private Limited. All rights reserved.
 Top Funded Business Models (2/5)
Rank Feed Business Model Notable Company

11 ▲32
Food Tech Food Tech > Catering > Internet First Caterer City Pantry
(2013, London, $8.7M)

12 ▲8
Food Tech
Food Tech > Technology Enablers > Restaurants > Customer
Engagement and Marketing
Punchh
(2010, Sunnyvale, $73.1M)

13 ▼-5
Food Tech Food Tech > Recipe Discovery Tastemade
(2012, Santa Monica, $116M)

14 ▼-2
Food Tech
Food Tech > Catering > Marketplace > Office Focused > Platform
Delivered
ezCater
(2007, Boston, $332M)

15 ▲2
Food Tech Food Tech > Innovative Restaurants > Robotic Kitchens Zume Pizza
(2015, Mountain View, $452M)

16 ▼-5
Food Tech
Food Tech > Food Discovery and Ordering > Restaurant
Aggregator > Restaurant Delivered
Just Eat
(2001, London, $127M)

17 ▼-8
Food Tech
Food Tech > Food Discovery and Ordering > Dine Out >
Reservation and Ordering > Table Booking
OpenTable
(1998, San Francisco, $12.0M)

18 ▼-18
Food Tech
Food Tech > Novel Foods > Food Ingredients > Protein > Plant
Based
Puris
(1985, Minneapolis, $113M)

19 ▲9
Food Tech
Food Tech > Food Discovery and Ordering > Dine Out >
Reservation and Ordering > Self Ordering > Without Paymen...
Magic Pin
(2015, Delhi, $30.3M)

20 ▼-20
Food Tech
Food Tech > Novel Foods > Food Ingredients > Dairy Substitute >
Lab Grown
Perfect Day
(2014, San Francisco, $202M)

* Rank is based on $Invested and #Rounds in last 24 months in Business Model. ▲- Indicates change in Rank from previous 24 months.

6 Top Funded Business Models in Food Tech Copyright © 2020, Tracxn Technologies Private Limited. All rights reserved.
 Top Funded Business Models (3/5)
Rank Feed Business Model Notable Company

21 ▼-7
Food Tech
Food Tech > Novel Foods > Food Products > Functional Foods >
Plant Based
Iconic
(2011, New Orleans, $14.2M)

22 ▲5
Food Tech
Food Tech > Internet First Restaurant > Pre prepared Ready to
Heat Meals > Subscription
Little Spoon
(2015, San Francisco, $7.0M)

23 ▲30
Food Tech Food Tech > Catering > Internet First Caterer > Office Focused City Pantry
(2013, London, $8.7M)

24 ▲10
Food Tech
Food Tech > Technology Enablers > Restaurants > Table
Reservation Management
Tock
(2014, Chicago, $19.0M)

25 ▲26
Food Tech Food Tech > Novel Foods > Food Ingredients > Carbohydrate Codexis
(2002, Redwood City, $111M)

26 ▲7
Food Tech Food Tech > Food Discovery and Ordering > Surplus Food Karma
(2015, Stockholm, $18.0M)

27 ▲4
Food Tech
Food Tech > Tech Hardware > Food Preparation > Consumer
Focused > Smart Kitchen
Innit
(2013, San Francisco, $43.0M)

28 ▼-2
Food Tech
Food Tech > Novel Foods > Food Ingredients > Dairy Substitute >
Plant Based
Daiya Foods
(2008, Vancouver, $775K)

29 ▲18
Food Tech
Food Tech > Technology Enablers > Restaurants > Back Office
Solutions > Invoice Processing
xtraCHEF
(2015, New York City, $10.5M)

30 ▼-17
Food Tech Food Tech > Food Discovery and Ordering > Chef Prepared Meals HolaChef
(2014, Mumbai, $11.7M)

* Rank is based on $Invested and #Rounds in last 24 months in Business Model. ▲- Indicates change in Rank from previous 24 months.

7 Top Funded Business Models in Food Tech Copyright © 2020, Tracxn Technologies Private Limited. All rights reserved.
 Top Funded Business Models (4/5)
Rank Feed Business Model Notable Company

31 ▼-2
Food Tech
Food Tech > Food Discovery and Ordering > Dine Out >
Reservation and Ordering > Self Ordering > With Payment
Waitrr
(2015)

32 ▼-14
Food Tech Food Tech > Tech Hardware > Food Storage Plum
(2014, San Francisco, $22.9M)

33 ▲11
Food Tech Food Tech > Personalized Nutrition Day Two
(2015, Walnut Creek, $53.0M)

34 ▼-4
Food Tech Food Tech > Recipe Discovery > Personalized Recommendation Yummly
(2009, Redwood City, $22.8M)

35 ▲3
Food Tech
Food Tech > Internet First Restaurant > Pre prepared Ready to
Heat Meals > Subscription > Baby Food
Little Spoon
(2015, San Francisco, $7.0M)

36 ▲6
Food Tech
Food Tech > Technology Enablers > Restaurants > Back Office
Solutions > Compliance Management
FoodLogiQ
(2006, Durham, $29.5M)

37 ▼-21
Food Tech Food Tech > Novel Foods > Food Products > Meal Replacement Soylent
(2013, Los Angeles, $74.5M)

38 ▲1
Food Tech
Food Tech > Technology Enablers > Restaurants > Back Office
Solutions > HR > Employee Scheduling
HotSchedules
(1999, Austin, $6.8M)

39 ▲9
Food Tech
Food Tech > Novel Foods > Food Ingredients > Sugar Substitute >
Glycotechnology
Douxmatok
(2014, Petah Tikva, $30.1M)

40 ▼-40
Food Tech
Food Tech > Tech Hardware > Food Serving > Business Focused >
Robot Waiter
Bear Robotics
(2017, San Francisco, $12.2M)

* Rank is based on $Invested and #Rounds in last 24 months in Business Model. ▲- Indicates change in Rank from previous 24 months.

8 Top Funded Business Models in Food Tech Copyright © 2020, Tracxn Technologies Private Limited. All rights reserved.
 Top Funded Business Models (5/5)
Rank Feed Business Model Notable Company

41 ▼-26
Food Tech
Food Tech > Food Discovery and Ordering > Restaurant
Aggregator > Takeaway
Just Eat
(2001, London)

42 ▼-20
Food Tech Food Tech > Culinary Learning Rouxbe
(2005, Vancouver, $8.7M)

43 ▼-20
Food Tech Food Tech > Technology Enablers > Nutritionists > Meal Planning HealthifyMe
(2012, Bangalore, $25.2M)

44 ▲18
Food Tech
Food Tech > Technology Enablers > Restaurants > Back Office
Solutions > Procurement
Authenticate
(2013, Harrogate, $6.5M)

45 ▲13
Food Tech Food Tech > Community Platforms Food Network
(2009, New York City)

46 ▲13
Food Tech
Food Tech > Technology Enablers > Restaurants > Food Recipe
Analytics
Tastewise
(2017, Tel Aviv, $6.5M)

47 ▼-26
Food Tech Food Tech > Chef Marketplaces > Chef Hosted VizEat
(2013, Paris, $5.5M)

48 ▲1
Food Tech
Food Tech > Internet First Restaurant > OnDemand > Healthy
Meals
NutritionPro
(2018, Praha)

49 ▼-14
Food Tech
Food Tech > Technology Enablers > Restaurants > Back Office
Solutions > HR > Job Boards
Pared
(2015, San Francisco, $10.0M)

50 ▲5
Food Tech
Food Tech > Food Discovery and Ordering > Dine Out > Listing
and Reviews > Bars
AnyExcuse
(2002, Dublin, $1.6M)

* Rank is based on $Invested and #Rounds in last 24 months in Business Model. ▲- Indicates change in Rank from previous 24 months.

9 Top Funded Business Models in Food Tech Copyright © 2020, Tracxn Technologies Private Limited. All rights reserved.
 $5.3B (▲75%)
01 Online Food Delivery $ Invested in Last 24 Months

Zomato Swiggy Deliveroo 43 (▼-39%)

(2008, Gurgaon, $838M) (2014, Bangalore, $1.4B) (2013, London, $1.5B) # Funding Rounds in Last 24 Months

Key Stats Recent Funding Rounds Taxonomy

$1.0B - Series H - Dec 2018

Food Tech (UberEATS)
1,044 177 Swiggy (2014, Bangalore, $1.4B)
(# Cos: 9185 | $25.4B)

Companies Funded Companies

$600M - Series G - May 2019 Food Discovery and Ordering (Deliveroo)
Door Dash (2013, Palo Alto, $2.1B) (# Cos: 3686 | $14.4B)

$575M - Series G - May 2019

Restaurant Aggregator (Swiggy)
$12.8B 11 Deliveroo (2013, London, $1.5B)
(# Cos: 1628 | $13.4B)
$ Invested Soonicorn Club $535M - Series D - Mar 2018
Door Dash (2013, Palo Alto, $2.1B) Platform Delivered (Zomato)
(# Cos: 1044 | $12.8B)
$500M - Series F - Nov 2018
iFood (2011, Sao Paulo, $587M)
5 76
IPOs Acquisitions $400M - Series F - Feb 2019
Door Dash (2013, Palo Alto, $2.1B)

$250M - Series E - Aug 2018

Door Dash (2013, Palo Alto, $2.1B)
View all Funding Rounds on Tracxn Platform

Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

10 Top Funded Business Models in Food Tech Copyright © 2020, Tracxn Technologies Private Limited. All rights reserved.
 $623M (▲288%)
02 Internet First Restaurants $ Invested in Last 24 Months

Curefit FreshMenu Dah Makan 42 (▼-52%)

(2016, Bangalore, $389M) (2014, Bangalore, $24.9M) (2014, Kuala Lumpur, $10.0M) # Funding Rounds in Last 24 Months

Key Stats Recent Funding Rounds Taxonomy

$125M - Series D - Aug 2019

Food Tech (Zomato)
884 165 Faasos (2010, Pune, $302M)
(# Cos: 9185 | $25.4B)

Companies Funded Companies

$120M - Series C - Jul 2018 Internet First Restaurant (FreshMenu)
Curefit (2016, Bangalore, $389M) (# Cos: 1377 | $1.5B)

$100M - Series E - Dec 2019

OnDemand (Curefit)
$1.1B 12 Curefit (2016, Bangalore, $389M)
(# Cos: 884 | $1.1B)
$ Invested Soonicorn Club $75.2M - Series D - May 2019
Curefit (2016, Bangalore, $389M)

$45.0M - Series D - Jun 2019

Curefit (2016, Bangalore, $389M)
- 19
IPOs Acquisitions $17.3M - Series B - Oct 2018
Xixiang (2014, Shanghai, $17.3M)

$16.0M - Series C - Aug 2018

Faasos (2010, Pune, $302M)
View all Funding Rounds on Tracxn Platform

Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

11 Top Funded Business Models in Food Tech Copyright © 2020, Tracxn Technologies Private Limited. All rights reserved.
 $423M (▲23%)
03 Restaurant POS $ Invested in Last 24 Months

PAR Technology Corp Lightspeed TouchBistro 32 (▼-23%)

(1978, New Hartford) (2005, Montreal, $292M) (2010, Toronto, $211M) # Funding Rounds in Last 24 Months

Key Stats Recent Funding Rounds Taxonomy

$119M - Series E - Sep 2019

Food Tech (Zomato)
636 112 TouchBistro (2010, Toronto, $211M)
(# Cos: 9185 | $25.4B)

Companies Funded Companies

$62.9M - Series D - May 2018 Technology Enablers (HealthifyMe)
Meiweibuyongdeng (2013, Shanghai, $162M) (# Cos: 2283 | $3.5B)

$54.1M - Series D - Jun 2018

Restaurants (Lightspeed)
$1.3B 13 TouchBistro (2010, Toronto, $211M)
(# Cos: 1988 | $3.2B)
$ Invested Soonicorn Club $30.0M - Series B - Feb 2019
Presto (2004, Los Altos, $41.2M) POS (PAR Technology Corp)
(# Cos: 636 | $1.3B)
$24.0M - Series B - Sep 2018
Moka (2014, Jakarta, $40.0M)
6 27
IPOs Acquisitions $20.8M - Series D - Jan 2019
Revel Systems (2010, San Francisco, $188M)

$20.0M - Series A - Jun 2019

Actio (2014, $20.0M)
View all Funding Rounds on Tracxn Platform

Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

12 Top Funded Business Models in Food Tech Copyright © 2020, Tracxn Technologies Private Limited. All rights reserved.
 Food Tech > Internet First Restaurant > Pre $143M (▼-36%)
04 prepared Ready to Heat Meals $ Invested in Last 24 Months

Fingerlix Freshly Habit 15 (▼-53%)

(2016, Mumbai, $30.4M) (2012, New York City, $107M) (2015, Emeryville, $32.0M) # Funding Rounds in Last 24 Months

Key Stats Recent Funding Rounds Taxonomy

$33.0M - Series B - Sep 2019

Food Tech (Zomato)
493 53 Simple Feast (2015, Copenhagen, $45.0M)
(# Cos: 9185 | $25.4B)

Companies Funded Companies

$26.7M - Series B - Oct 2018 Internet First Restaurant (Curefit)
Kettlebell Kitchen (2012, New York City, (# Cos: 1377 | $1.5B)
$30.4M)
Pre prepared Ready to Heat Meals
$404M 8 $12.0M - Series A - Aug 2018
Simple Feast (2015, Copenhagen, $45.0M) (Fingerlix)
$ Invested Soonicorn Club (# Cos: 493 | $404M)
$10.7M - Series A - Aug 2018
Territory (2011, Alexandria, $20.2M)

$10.2M - Series C - Jul 2018

- 8 Fingerlix (2016, Mumbai, $30.4M)
IPOs Acquisitions
$9.5M - Series A - Sep 2018
Allplants (2016, London, $10.5M)

$8.8M - Series C - Feb 2019

Fingerlix (2016, Mumbai, $30.4M)
View all Funding Rounds on Tracxn Platform

Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

13 Top Funded Business Models in Food Tech Copyright © 2020, Tracxn Technologies Private Limited. All rights reserved.
 Food Tech > Technology Enablers > Restaurants $128M (▲50%)
05 > Online Ordering Solutions $ Invested in Last 24 Months

Olo Ordermark ChowNow 28 (▲16%)

(2005, New York City, $71.7M) (2017, Los Angeles, $32.8M) (2010, Santa Monica, $69.0M) # Funding Rounds in Last 24 Months

Key Stats Recent Funding Rounds Taxonomy

$21.0M - Series C - May 2019

Food Tech (Zomato)
547 87 ChowNow (2010, Santa Monica, $69.0M)
(# Cos: 9185 | $25.4B)

Companies Funded Companies

$18.0M - Series D - Jan 2019 Technology Enablers (Lightspeed)
Olo (2005, New York City, $71.7M) (# Cos: 2283 | $3.5B)

$18.0M - Series B - Jul 2019

Restaurants (PAR Technology Corp)
$425M 11 Ordermark (2017, Los Angeles, $32.8M)
(# Cos: 1988 | $3.2B)
$ Invested Soonicorn Club $15.0M - Series A - Nov 2019
Virtual Kitchen Co (2018, San Francisco, Online Ordering Solutions (Olo)
$17.0M) (# Cos: 547 | $425M)

$9.5M - Series A - Sep 2018

1 13 Ordermark (2017, Los Angeles, $32.8M)
IPOs Acquisitions
$7.5M - Series A - Oct 2019
UrbanPiper (2016, Bangalore, $8.1M)

$6.1M - Series A - Apr 2018

OrderYOYO (2014, Copenhagen, $8.9M)
View all Funding Rounds on Tracxn Platform

Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

14 Top Funded Business Models in Food Tech Copyright © 2020, Tracxn Technologies Private Limited. All rights reserved.
 $470M (▲194%)
06 Food Tech > Catering > Marketplace $ Invested in Last 24 Months

HungerBox ezCater Ritual 22 (▲29%)

(2015, Bangalore, $42.2M) (2007, Boston, $332M) (2014, Toronto, $128M) # Funding Rounds in Last 24 Months

Key Stats Recent Funding Rounds Taxonomy

$150M - Series D - Apr 2019

Food Tech (Zomato)
97 36 ezCater (2007, Boston, $332M)
(# Cos: 9185 | $25.4B)

Companies Funded Companies

$100M - Series D - Jun 2018 Catering (ezCater)
ezCater (2007, Boston, $332M) (# Cos: 183 | $824M)

$70.0M - Series C - Jun 2018

Marketplace (HungerBox)
$717M 13 Ritual (2014, Toronto, $128M)
(# Cos: 97 | $717M)
$ Invested Soonicorn Club $34.0M - Series A - Feb 2019
Lunchr (2016, London, $47.0M)

$19.0M - Series C - Dec 2018

Chewse (2011, San Francisco, $34.0M)
- 3
IPOs Acquisitions $15.0M - Series C - May 2019
HungerBox (2015, Bangalore, $42.2M)

$14.5M - Series A - Jan 2018

Platterz (2015, Toronto, $21.3M)
View all Funding Rounds on Tracxn Platform

Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

15 Top Funded Business Models in Food Tech Copyright © 2020, Tracxn Technologies Private Limited. All rights reserved.
 $252M (▲857%)
07 Food Tech > Shared Kitchen > Managed $ Invested in Last 24 Months

Rebel Foods REEF The Hood Kitchen Space 11 (▲83%)

(2010, Mumbai, $244M) (2004, Miami) (2013, Costa Mesa) # Funding Rounds in Last 24 Months

Key Stats Recent Funding Rounds Taxonomy

$125M - Series D - Jul 2019

Food Tech (Zomato)
32 8 Rebel Foods (2010, Mumbai, $244M)
(# Cos: 9185 | $25.4B)

Companies Funded Companies

$50.0M - Series C - Feb 2019 Shared Kitchen (REEF)
Panda Star Kitchen (2016, Chaoyang, $80.0M) (# Cos: 33 | $321M)

$25.0M - Series D - Sep 2019

Managed (Rebel Foods)
$320M 2 Rebel Foods (2010, Mumbai, $244M)
(# Cos: 32 | $320M)
$ Invested Soonicorn Club $16.1M - Series D - Mar 2019
Rebel Foods (2010, Mumbai, $244M)

$14.5M - Series A - Jul 2019

Huang Xiaodi (2018, Suzhou, $14.5M)
- 1
IPOs Acquisitions $14.0M - Series C - Aug 2018
Rebel Foods (2010, Mumbai, $244M)

$7.0M - Series C - Dec 2018

Rebel Foods (2010, Mumbai, $244M)
View all Funding Rounds on Tracxn Platform

Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

16 Top Funded Business Models in Food Tech Copyright © 2020, Tracxn Technologies Private Limited. All rights reserved.
 Food Tech > Novel Foods > Food Ingredients > $240M (▲1440%)
08 Protein $ Invested in Last 24 Months

Puris Clara Foods Motif FoodWorks 12 (▲300%)

(1985, Minneapolis, $113M) (2014, San Francisco, $16.7M) (2019, Boston, $118M) # Funding Rounds in Last 24 Months

Key Stats Recent Funding Rounds Taxonomy

$90.0M - Series A - Feb 2019

Food Tech (Zomato)
24 14 Motif FoodWorks (2019, Boston, $118M)
(# Cos: 9185 | $25.4B)

Companies Funded Companies

$75.0M - PE - Aug 2019 Novel Foods (Beyond Meat)
Puris (1985, Minneapolis, $113M) (# Cos: 418 | $2.8B)

$27.5M - Series A - Aug 2019

Food Ingredients (Codexis)
$258M 2 Motif FoodWorks (2019, Boston, $118M)
(# Cos: 95 | $808M)
$ Invested Soonicorn Club $25.0M - PE - Jan 2018
Puris (1985, Minneapolis, $113M) Protein (Puris)
(# Cos: 24 | $258M)
$12.5M - PE - Jun 2018
Puris (1985, Minneapolis, $113M)
- 1
IPOs Acquisitions $4.2M - Series A - Dec 2018
Innovopro (2016, Ramat Gan, $4.2M)

$3.5M - Seed - Oct 2019

Shiru (2019, California City, $3.6M)
View all Funding Rounds on Tracxn Platform

Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

17 Top Funded Business Models in Food Tech Copyright © 2020, Tracxn Technologies Private Limited. All rights reserved.
 Food Tech > Food Discovery and Ordering > $91.6M (▼-18%)
09 Dine Out > Reservation and Ordering $ Invested in Last 24 Months

OpenTable Magic Pin EazyDiner 31 (▼-35%)

(1998, San Francisco, $12.0M) (2015, Delhi, $30.3M) (2014, Delhi, $14.5M) # Funding Rounds in Last 24 Months

Key Stats Recent Funding Rounds Taxonomy

$21.0M - Series A - Dec 2019

Food Tech (Swiggy)
521 148 Snackpass (2017, New Haven, $23.7M)
(# Cos: 9185 | $25.4B)

Companies Funded Companies

$20.0M - Series C - Oct 2018 Food Discovery and Ordering (Zomato)
Magic Pin (2015, Delhi, $30.3M) (# Cos: 3686 | $14.4B)

$12.3M - Series B - Mar 2018

Dine Out (Magic Pin)
$526M 9 Privateaser (2014, Paris, $16.3M)
(# Cos: 1552 | $909M)
$ Invested Soonicorn Club $10.5M - Seed - Mar 2019
Wi5 (2015, London, $10.5M) Reservation and Ordering
(OpenTable)
$5.8M - Series B - Aug 2018 (# Cos: 521 | $526M)
EazyDiner (2014, Delhi, $14.5M)
2 23
IPOs Acquisitions $5.0M - Series A - May 2018
Reserve (2014, New York City, $30.0M)

$3.9M - Series A - Jun 2018

HipBar (2015, Chennai, $4.7M)
View all Funding Rounds on Tracxn Platform

Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

18 Top Funded Business Models in Food Tech Copyright © 2020, Tracxn Technologies Private Limited. All rights reserved.
 Food Tech > Catering > Marketplace > Office $459M (▲201%)
10 Focused $ Invested in Last 24 Months

HungerBox ezCater Ritual 17 (▲41%)

(2015, Bangalore, $42.2M) (2007, Boston, $332M) (2014, Toronto, $128M) # Funding Rounds in Last 24 Months

Key Stats Recent Funding Rounds Taxonomy

$150M - Series D - Apr 2019

Food Tech (Zomato)
48 26 ezCater (2007, Boston, $332M)
(# Cos: 9185 | $25.4B)

Companies Funded Companies

$100M - Series D - Jun 2018 Catering (Ritual)
ezCater (2007, Boston, $332M) (# Cos: 183 | $824M)

$70.0M - Series C - Jun 2018

Marketplace (ezCater)
$690M 11 Ritual (2014, Toronto, $128M)
(# Cos: 97 | $717M)
$ Invested Soonicorn Club $34.0M - Series A - Feb 2019
Lunchr (2016, London, $47.0M) Office Focused (HungerBox)
(# Cos: 48 | $690M)
$19.0M - Series C - Dec 2018
Chewse (2011, San Francisco, $34.0M)
- 3
IPOs Acquisitions $15.0M - Series C - May 2019
HungerBox (2015, Bangalore, $42.2M)

$14.5M - Series A - Jan 2018

Platterz (2015, Toronto, $21.3M)
View all Funding Rounds on Tracxn Platform

Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

19 Top Funded Business Models in Food Tech Copyright © 2020, Tracxn Technologies Private Limited. All rights reserved.
 Food Tech > Catering > Internet First $47.1M (▲1385%)
11 Caterer $ Invested in Last 24 Months

City Pantry Hungry Hoi Foods 14 (▲180%)

(2013, London, $8.7M) (2016, Arlington, $12.8M) (2017, Gurgaon, $642K) # Funding Rounds in Last 24 Months

Key Stats Recent Funding Rounds Taxonomy

$11.8M - Series A - Feb 2018

Food Tech (Zomato)
85 25 Innovate (2007, West Byfleet, $11.9M)
(# Cos: 9185 | $25.4B)

Companies Funded Companies

$10.1M - Series A - Jun 2019 Catering (HungerBox)
Foodles (2014, Clichy, $10.1M) (# Cos: 183 | $824M)

$8.7M - Series A - Apr 2019

Internet First Caterer (City Pantry)
$107M 3 Hungry (2016, Arlington, $12.8M)
(# Cos: 85 | $107M)
$ Invested Soonicorn Club $5.6M - Series A - Apr 2018
City Pantry (2013, London, $8.7M)

$3.0M - Seed - Apr 2018

Hungry (2016, Arlington, $12.8M)
- 2
IPOs Acquisitions $2.9M - Series A - Aug 2018
MonBanquet (2015, Paris, $564K)

$1.6M - Seed - Oct 2019

Simply Good Jars (2015, Philadelphia, $1.6M)
View all Funding Rounds on Tracxn Platform

Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

20 Top Funded Business Models in Food Tech Copyright © 2020, Tracxn Technologies Private Limited. All rights reserved.
 Food Tech > Technology Enablers > Restaurants $179M (▲490%)
12 > Customer Engagement and Marketing $ Invested in Last 24 Months

Punchh Paytronix Mobikon 15 (▲25%)

(2010, Sunnyvale, $73.1M) (2001, Newton, $65.0M) (2011, $22.8M) # Funding Rounds in Last 24 Months

Key Stats Recent Funding Rounds Taxonomy

$65.0M - PE - Jan 2018

Food Tech (Zomato)
137 54 Paytronix (2001, Newton, $65.0M)
(# Cos: 9185 | $25.4B)

Companies Funded Companies

$40.0M - Series C - Nov 2019 Technology Enablers (Lightspeed)
Punchh (2010, Sunnyvale, $73.1M) (# Cos: 2283 | $3.5B)

$20.0M - Series B - Apr 2018

Restaurants (PAR Technology Corp)
$305M 5 Punchh (2010, Sunnyvale, $73.1M)
(# Cos: 1988 | $3.2B)
$ Invested Soonicorn Club $16.4M - Series B - Nov 2018
BentoBox (2013, New York City, $29.9M) Customer Engagement and
Marketing (Punchh)
$12.5M - Angel - Oct 2019 (# Cos: 137 | $305M)
Mobikon (2011, $22.8M)
- 10
IPOs Acquisitions $7.5M - Series B - Jul 2019
BentoBox (2013, New York City, $29.9M)

$5.0M - Seed - Jan 2018

Guestfriend (2017, New York City, $5.2M)
View all Funding Rounds on Tracxn Platform

Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

21 Top Funded Business Models in Food Tech Copyright © 2020, Tracxn Technologies Private Limited. All rights reserved.
 $44.9M (▼-41%)
13 Food Tech > Recipe Discovery $ Invested in Last 24 Months

Tastemade Whisk Yummly 15 (▼-44%)

(2012, Santa Monica, $116M) (2009, Birmingham, $1.0M) (2009, Redwood City, $22.8M) # Funding Rounds in Last 24 Months

Key Stats Recent Funding Rounds Taxonomy

$35.0M - Series E - Oct 2018

Food Tech (Zomato)
589 104 Tastemade (2012, Santa Monica, $116M)
(# Cos: 9185 | $25.4B)

Companies Funded Companies

$4.1M - Series A - Jul 2018 Recipe Discovery (Tastemade)
Lighter (2013, Boston, $5.9M) (# Cos: 589 | $298M)

$1.7M - Series A - Sep 2019

$298M 2 Lighter (2013, Boston, $5.9M)
$ Invested Soonicorn Club $1.4M - Seed - Apr 2019
Showme (2016, Beijing, $1.6M)

$1.0M - Seed - Mar 2019

EatRx (2008, Sebastopol, $1.0M)
2 27
IPOs Acquisitions $500K - Seed - Oct 2018
Cooky (2015, Ho Chi Minh City, $1.0M)

$440K - Seed - Jan 2018

Muesli Fusion (2010, Atlanta, $440K)
View all Funding Rounds on Tracxn Platform

Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

22 Top Funded Business Models in Food Tech Copyright © 2020, Tracxn Technologies Private Limited. All rights reserved.
 Food Tech > Catering > Marketplace > Office $299M (▲174%)
14 Focused > Platform Delivered $ Invested in Last 24 Months

ezCater ZeroCater Chewse 8 (▼-20%)

(2007, Boston, $332M) (2009, San Francisco, $17.6M) (2011, San Francisco, $34.0M) # Funding Rounds in Last 24 Months

Key Stats Recent Funding Rounds Taxonomy

$150M - Series D - Apr 2019

Food Tech (Zomato)
30 17 ezCater (2007, Boston, $332M)
(# Cos: 9185 | $25.4B)

Companies Funded Companies

$100M - Series D - Jun 2018 Catering (ZeroCater)
ezCater (2007, Boston, $332M) (# Cos: 183 | $824M)

$19.0M - Series C - Dec 2018

Marketplace (Ritual)
$487M 7 Chewse (2011, San Francisco, $34.0M)
(# Cos: 97 | $717M)
$ Invested Soonicorn Club $14.5M - Series A - Jan 2018
Platterz (2015, Toronto, $21.3M) Office Focused (HungerBox)
(# Cos: 48 | $690M)
$12.0M - Series B - May 2018
ZeroCater (2009, San Francisco, $17.6M)
- 2 Platform Delivered (ezCater)
IPOs Acquisitions $1.9M - Seed - Nov 2018 (# Cos: 30 | $487M)
Feedr (2016, London, $2.6M)

$1.0M - Seed - Oct 2019

Goffee (2018, New York City, $1.0M)
View all Funding Rounds on Tracxn Platform

Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

23 Top Funded Business Models in Food Tech Copyright © 2020, Tracxn Technologies Private Limited. All rights reserved.
 Food Tech > Innovative Restaurants > Robotic $421M (▲423%)
15 Kitchens $ Invested in Last 24 Months

Zume Pizza EKIM Spyce 6 (▼0%)

(2015, Mountain View, $452M) (2013, Montevrain, $13.7M) (2015, Boston, $24.8M) # Funding Rounds in Last 24 Months

Key Stats Recent Funding Rounds Taxonomy

$375M - Series C - Nov 2018

Food Tech (Zomato)
11 9 Zume Pizza (2015, Mountain View, $452M)
(# Cos: 9185 | $25.4B)

Companies Funded Companies

$21.0M - Series A - Sep 2018 Innovative Restaurants (EKIM)
Spyce (2015, Boston, $24.8M) (# Cos: 22 | $534M)

$11.2M - Series A - Jun 2019

Robotic Kitchens (Zume Pizza)
$505M 3 Pazzi (2013, Montevrain, $11.2M)
(# Cos: 11 | $505M)
$ Invested Soonicorn Club $11.2M - Series A - Jun 2019
EKIM (2013, Montevrain, $13.7M)

$2.5M - Series A - May 2018

EKIM (2013, Montevrain, $13.7M)
- -
IPOs Acquisitions $150K - Seed - Oct 2019
Yummy Future (2018, Champaign, $150K)
View all Funding Rounds on Tracxn Platform

Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

24 Top Funded Business Models in Food Tech Copyright © 2020, Tracxn Technologies Private Limited. All rights reserved.
 Food Tech > Food Discovery and Ordering > $34.7M (▼-52%)
16 Restaurant Aggregator > Restaurant Delivered $ Invested in Last 24 Months

Just Eat Takeaway Lieferheld 10 (▼-54%)

(2001, London, $127M) (2000, Amsterdam, $119M) (2010, Berlin, $10.7M) # Funding Rounds in Last 24 Months

Key Stats Recent Funding Rounds Taxonomy

$14.1M - Series B - Mar 2019

Food Tech (Deliveroo)
449 79 Slice (2009, New York City, $34.1M)
(# Cos: 9185 | $25.4B)

Companies Funded Companies

$7.8M - Series A - Sep 2019 Food Discovery and Ordering (Swiggy)
Cheetay (2016, Lahore, $11.6M) (# Cos: 3686 | $14.4B)

$6.0M - Series C - Oct 2018

Restaurant Aggregator (Zomato)
$533M 4 EatStreet (2010, Madison, $44.5M)
(# Cos: 1628 | $13.4B)
$ Invested Soonicorn Club $2.8M - Series A - May 2019
Sharebite (2015, New York City, $2.8M) Restaurant Delivered (Just Eat)
(# Cos: 449 | $533M)
$2.0M - Seed - Mar 2019
FoodBoss (1999, Chicago, $2.0M)
2 36
IPOs Acquisitions $1.6M - Series A - Dec 2018
Cheetay (2016, Lahore, $11.6M)

$150K - Seed - Apr 2018

Gebni (2016, New York City, $150K)
View all Funding Rounds on Tracxn Platform

Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

25 Top Funded Business Models in Food Tech Copyright © 2020, Tracxn Technologies Private Limited. All rights reserved.
 Food Tech > Food Discovery and Ordering > Dine $28.7M (▼-59%)
17 Out > Reservation and Ordering > Table Booking $ Invested in Last 24 Months

OpenTable EazyDiner Eatigo 13 (▼-50%)

(1998, San Francisco, $12.0M) (2014, Delhi, $14.5M) (2013, Bangkok, $25.0M) # Funding Rounds in Last 24 Months

Key Stats Recent Funding Rounds Taxonomy

$12.3M - Series B - Mar 2018

Food Tech (Swiggy)
308 88 Privateaser (2014, Paris, $16.3M)
(# Cos: 9185 | $25.4B)

Companies Funded Companies

$5.8M - Series B - Aug 2018 Food Discovery and Ordering (Zomato)
EazyDiner (2014, Delhi, $14.5M) (# Cos: 3686 | $14.4B)

$5.0M - Series A - May 2018

Dine Out (Zagat)
$329M 5 Reserve (2014, New York City, $30.0M)
(# Cos: 1552 | $909M)
$ Invested Soonicorn Club $3.0M - Series A - Jun 2018
Eat W.L.L (2013, Manama, $5.4M) Reservation and Ordering (Magic Pin)
(# Cos: 521 | $526M)
$1.4M - Seed - Jul 2019
Weilai Network Technology (2018, Jinan,
2 21 $1.4M) Table Booking (OpenTable)
IPOs Acquisitions (# Cos: 308 | $329M)
$550K - Seed - Aug 2018
Seatninja (2012, Sacramento, $745K)

$450K - Seed - Aug 2019

Hungry Hub (2013, Bangkok, $450K)
View all Funding Rounds on Tracxn Platform

Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

26 Top Funded Business Models in Food Tech Copyright © 2020, Tracxn Technologies Private Limited. All rights reserved.
 Food Tech > Novel Foods > Food Ingredients > $120M (▲-%)
18 Protein > Plant Based $ Invested in Last 24 Months

Puris Shiru Innovopro 6 (▲-%)

(1985, Minneapolis, $113M) (2019, California City, $3.6M) (2016, Ramat Gan, $4.2M) # Funding Rounds in Last 24 Months

Key Stats Recent Funding Rounds Taxonomy

$75.0M - PE - Aug 2019

Food Tech (Zomato)
5 4 Puris (1985, Minneapolis, $113M)
(# Cos: 9185 | $25.4B)

Companies Funded Companies

$25.0M - PE - Jan 2018 Novel Foods (Beyond Meat)
Puris (1985, Minneapolis, $113M) (# Cos: 418 | $2.8B)

$12.5M - PE - Jun 2018

Food Ingredients (Codexis)
$120M - Puris (1985, Minneapolis, $113M)
(# Cos: 95 | $808M)
$ Invested Soonicorn Club $4.2M - Series A - Dec 2018
Innovopro (2016, Ramat Gan, $4.2M) Protein (Clara Foods)
(# Cos: 24 | $258M)
$3.5M - Seed - Oct 2019
Shiru (2019, California City, $3.6M)
- 1 Plant Based (Puris)
IPOs Acquisitions $150K - Seed - Oct 2019 (# Cos: 5 | $120M)
Shiru (2019, California City, $3.6M)
View all Funding Rounds on Tracxn Platform

Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

27 Top Funded Business Models in Food Tech Copyright © 2020, Tracxn Technologies Private Limited. All rights reserved.
 Food Tech > Food Discovery and Ordering > Dine Out > $44.7M (▲260%)
19 Reservation and Ordering > Self Ordering > Without Payment $ Invested in Last 24 Months

Magic Pin Snackpass Wriggle 6 (▼-14%)

(2015, Delhi, $30.3M) (2017, New Haven, $23.7M) (2014, Bristol, $2.4M) # Funding Rounds in Last 24 Months

Key Stats Recent Funding Rounds Taxonomy

$21.0M - Series A - Dec 2019

Food Tech (Swiggy)
47 13 Snackpass (2017, New Haven, $23.7M)
(# Cos: 9185 | $25.4B)

Companies Funded Companies

$20.0M - Series C - Oct 2018 Food Discovery and Ordering (Zomato)
Magic Pin (2015, Delhi, $30.3M) (# Cos: 3686 | $14.4B)

$2.5M - Series A - Jun 2019

Dine Out (Zagat)
$91.1M 3 nez (2017, London, $3.8M)
(# Cos: 1552 | $909M)
$ Invested Soonicorn Club $939K - Seed - Jul 2019
Wriggle (2014, Bristol, $2.4M) Reservation and Ordering (OpenTable)
(# Cos: 521 | $526M)
$201K - Seed - Apr 2019
Wriggle (2014, Bristol, $2.4M)
- 1 Self Ordering (Waitrr)
IPOs Acquisitions - Seed - Jun 2018 (# Cos: 135 | $169M)
Snackpass (2017, New Haven, $23.7M)
View all Funding Rounds on Tracxn Platform Without Payment (Magic Pin)
(# Cos: 47 | $91.1M)

Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

28 Top Funded Business Models in Food Tech Copyright © 2020, Tracxn Technologies Private Limited. All rights reserved.
 Food Tech > Novel Foods > Food Ingredients > $201M (▲-%)
20 Dairy Substitute > Lab Grown $ Invested in Last 24 Months

Perfect Day Real Vegan Cheese Fora 4 (▲-%)

(2014, San Francisco, $202M) (2014, San Francisco) (2017, Brooklyn) # Funding Rounds in Last 24 Months

Key Stats Recent Funding Rounds Taxonomy

$140M - Series C - Dec 2019

Food Tech (Zomato)
4 2 Perfect Day (2014, San Francisco, $202M)
(# Cos: 9185 | $25.4B)

Companies Funded Companies

$34.7M - Series B - Feb 2019 Novel Foods (Beyond Meat)
Perfect Day (2014, San Francisco, $202M) (# Cos: 418 | $2.8B)

$24.7M - Series A - Feb 2018

Food Ingredients (Codexis)
$203M 1 Perfect Day (2014, San Francisco, $202M)
(# Cos: 95 | $808M)
$ Invested Soonicorn Club $1.4M - Seed - Aug 2018
Fora (2017, Brooklyn) Dairy Substitute (Daiya Foods)
View all Funding Rounds on Tracxn Platform (# Cos: 35 | $315M)

- - Lab Grown (Perfect Day)

IPOs Acquisitions (# Cos: 4 | $203M)

Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

29 Top Funded Business Models in Food Tech Copyright © 2020, Tracxn Technologies Private Limited. All rights reserved.
 Food Tech > Novel Foods > Food Products > $32.3M (▼-1%)
21 Functional Foods > Plant Based $ Invested in Last 24 Months

Iconic KeVita Protein2o 6 (▼-50%)

(2011, New Orleans, $14.2M) (2009, Oxnard, $6.0M) (2013, Des Plaines, $10.7M) # Funding Rounds in Last 24 Months

Key Stats Recent Funding Rounds Taxonomy

$20.0M - Series B - May 2018

Food Tech (Zomato)
52 19 Rebbl (2012, Berkeley, $33.0M)
(# Cos: 9185 | $25.4B)

Companies Funded Companies

$6.0M - Series A - Jun 2018 Novel Foods (Impossible Foods)
Drink Trimino (2013, New York City, $8.5M) (# Cos: 418 | $2.8B)

$5.0M - Series A - Jul 2019

Food Products (Beyond Meat)
$124M 3 Momentous (2016, Jackson, $5.0M)
(# Cos: 323 | $2.0B)
$ Invested Soonicorn Club $750K - Seed - Mar 2019
Planetarians (2013, Kansas City, $870K) Functional Foods (KeVita)
(# Cos: 53 | $272M)
$425K - Seed - May 2018
Blume Honey Water (2015, Pittsburgh, $600K)
- 4 Plant Based (Iconic)
IPOs Acquisitions - Seed - Sep 2018 (# Cos: 52 | $124M)
GEM (2018, Los Angeles)
View all Funding Rounds on Tracxn Platform

Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

30 Top Funded Business Models in Food Tech Copyright © 2020, Tracxn Technologies Private Limited. All rights reserved.
 Food Tech > Internet First Restaurant > Pre $38.5M (▲146%)
22 prepared Ready to Heat Meals > Subscription $ Invested in Last 24 Months

Little Spoon Yumble Raised Real 6 (▼0%)

(2015, San Francisco, $7.0M) (2015, New York City, $8.5M) (2016, San Francisco, $5.0M) # Funding Rounds in Last 24 Months

Key Stats Recent Funding Rounds Taxonomy

$10.7M - Series A - Aug 2018

Food Tech (Zomato)
21 9 Territory (2011, Alexandria, $20.2M)
(# Cos: 9185 | $25.4B)

Companies Funded Companies

$8.0M - Series A - Dec 2019 Internet First Restaurant (Curefit)
Yumi (2015, Los Angeles, $12.1M) (# Cos: 1377 | $1.5B)

$7.0M - Series A - Feb 2019

Pre prepared Ready to Heat Meals
$54.9M 1 Little Spoon (2015, San Francisco, $7.0M)
(Fingerlix)
$ Invested Soonicorn Club $7.0M - Series A - Sep 2018 (# Cos: 493 | $404M)
Yumble (2015, New York City, $8.5M) Subscription (Little Spoon)
(# Cos: 21 | $54.9M)
$3.9M - Series A - Mar 2019
Territory (2011, Alexandria, $20.2M)
- 1
IPOs Acquisitions $1.8M - Seed - May 2019
Nurture Life (2015, Chicago, $1.8M)
View all Funding Rounds on Tracxn Platform

Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

31 Top Funded Business Models in Food Tech Copyright © 2020, Tracxn Technologies Private Limited. All rights reserved.
 Food Tech > Catering > Internet First Caterer > $20.0M (▲680%)
23 Office Focused $ Invested in Last 24 Months

City Pantry Hungry Peachd 8 (▲166%)

(2013, London, $8.7M) (2016, Arlington, $12.8M) (2013, Seattle, $10.7M) # Funding Rounds in Last 24 Months

Key Stats Recent Funding Rounds Taxonomy

$8.7M - Series A - Apr 2019

Food Tech (Zomato)
27 15 Hungry (2016, Arlington, $12.8M)
(# Cos: 9185 | $25.4B)

Companies Funded Companies

$5.6M - Series A - Apr 2018 Catering (HungerBox)
City Pantry (2013, London, $8.7M) (# Cos: 183 | $824M)

$3.0M - Seed - Apr 2018

Internet First Caterer (Hungry)
$71.3M 3 Hungry (2016, Arlington, $12.8M)
(# Cos: 85 | $107M)
$ Invested Soonicorn Club $1.5M - Seed - Jun 2018
Hungry (2016, Arlington, $12.8M) Office Focused (City Pantry)
(# Cos: 27 | $71.3M)
$1.0M - Seed - Oct 2019
ApetEat (2015, Madrid, $1.0M)
- 1
IPOs Acquisitions - Seed - Jun 2018
B2B Food Group (2018, Berlin)

- Series D - Aug 2019

Meican (2011, Beijing, $32.8M)
View all Funding Rounds on Tracxn Platform

Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

32 Top Funded Business Models in Food Tech Copyright © 2020, Tracxn Technologies Private Limited. All rights reserved.
 Food Tech > Technology Enablers > Restaurants $39.9M (▲102%)
24 > Table Reservation Management $ Invested in Last 24 Months

Tock Queq Toreta 4 (▼0%)

(2014, Chicago, $19.0M) (2013, Bangkok, $2.8M) (2013, Shinagawa, $41.1M) # Funding Rounds in Last 24 Months

Key Stats Recent Funding Rounds Taxonomy

$27.1M - Series B - Dec 2018

Food Tech (Zomato)
108 28 Toreta (2013, Shinagawa, $41.1M)
(# Cos: 9185 | $25.4B)

Companies Funded Companies

$9.5M - Series B - Nov 2018 Technology Enablers (Lightspeed)
Tock (2014, Chicago, $19.0M) (# Cos: 2283 | $3.5B)

$2.8M - Series A - Jul 2019

Restaurants (PAR Technology Corp)
$107M 2 Queq (2013, Bangkok, $2.8M)
(# Cos: 1988 | $3.2B)
$ Invested Soonicorn Club $500K - Seed - Jul 2019
Tablee (2018, Richmond, $500K) Table Reservation Management
View all Funding Rounds on Tracxn Platform (Tock)
(# Cos: 108 | $107M)

- 10
IPOs Acquisitions

Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

33 Top Funded Business Models in Food Tech Copyright © 2020, Tracxn Technologies Private Limited. All rights reserved.
 Food Tech > Novel Foods > Food Ingredients > $7.0M (▼-6%)
25 Carbohydrate $ Invested in Last 24 Months

Codexis White Dog Labs Koia 3 (▲200%)

(2002, Redwood City, $111M) (2012, New Castle) (2013, Los Angeles, $14.5M) # Funding Rounds in Last 24 Months

Key Stats Recent Funding Rounds Taxonomy

$7.0M - Series A - May 2019

Food Tech (Zomato)
14 9 Koia (2013, Los Angeles, $14.5M)
(# Cos: 9185 | $25.4B)

Companies Funded Companies

- Seed - Nov 2018 Novel Foods (Beyond Meat)
White Dog Labs (2012, New Castle) (# Cos: 418 | $2.8B)

- Series A - Mar 2019

Food Ingredients (MycoTechnology)
$88.7M 1 Koia (2013, Los Angeles, $14.5M)
(# Cos: 95 | $808M)
View all Funding Rounds on Tracxn Platform
$ Invested Soonicorn Club
Carbohydrate (Codexis)
(# Cos: 14 | $88.7M)

2 2
IPOs Acquisitions

Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

34 Top Funded Business Models in Food Tech Copyright © 2020, Tracxn Technologies Private Limited. All rights reserved.
 Food Tech > Food Discovery and Ordering > $26.9M (▲295%)
26 Surplus Food $ Invested in Last 24 Months

Karma OLIO Too Good To Go 6 (▼0%)

(2015, Stockholm, $18.0M) (2015, London, $8.2M) (2015, Copenhagen, $20.4M) # Funding Rounds in Last 24 Months

Key Stats Recent Funding Rounds Taxonomy

$12.0M - Series A - Aug 2018

Food Tech (Swiggy)
51 16 Karma (2015, Stockholm, $18.0M)
(# Cos: 9185 | $25.4B)

Companies Funded Companies

$6.8M - Angel - Feb 2019 Food Discovery and Ordering (Zomato)
Too Good To Go (2015, Copenhagen, $20.4M) (# Cos: 3686 | $14.4B)

$6.0M - Series A - Jul 2018

Surplus Food (Karma)
$34.0M 2 OLIO (2015, London, $8.2M)
(# Cos: 51 | $34.0M)
$ Invested Soonicorn Club $2.0M - Series A - Jun 2019
EatClub (2017, Melbourne, $2.0M)

$150K - Seed - Jun 2019

Food for All (2016, Cambridge, $150K)
- -
IPOs Acquisitions - Seed - Oct 2019
Food for All (2016, Cambridge, $150K)
View all Funding Rounds on Tracxn Platform

Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

35 Top Funded Business Models in Food Tech Copyright © 2020, Tracxn Technologies Private Limited. All rights reserved.
 Food Tech > Tech Hardware > Food Preparation $9.6M (▼-70%)
27 > Consumer Focused > Smart Kitchen $ Invested in Last 24 Months

Innit Gourmia Drop 12 (▲200%)

(2013, San Francisco, $43.0M) (2015, Brooklyn) (2012, Dublin, $10.0M) # Funding Rounds in Last 24 Months

Key Stats Recent Funding Rounds Taxonomy

$2.8M - Series A - Oct 2018

Food Tech (Zomato)
23 14 Perfect Company (2013, Portland, $12.5M)
(# Cos: 9185 | $25.4B)

Companies Funded Companies

$1.9M - Series A - Jun 2019 Tech Hardware (Plum)
Perfect Company (2013, Portland, $12.5M) (# Cos: 247 | $744M)

$1.9M - Seed - Apr 2019

Food Preparation (PicoBrew)
$70.4M 3 Bottomless (2016, Seattle, $2.0M)
(# Cos: 116 | $473M)
$ Invested Soonicorn Club $1.0M - Seed - Feb 2018
Chefling (2016, Menlo Park, $1.7M) Consumer Focused (Tovala)
(# Cos: 77 | $352M)
$1.0M - Seed - Nov 2018
Inductive Intelligence (2017, Grand Rapids,
- 1 $1.0M) Smart Kitchen (Innit)
IPOs Acquisitions (# Cos: 23 | $70.4M)
$400K - Seed - Dec 2018
Chefling (2016, Menlo Park, $1.7M)

$300K - Seed - Jul 2018

Chefling (2016, Menlo Park, $1.7M)
View all Funding Rounds on Tracxn Platform

Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

36 Top Funded Business Models in Food Tech Copyright © 2020, Tracxn Technologies Private Limited. All rights reserved.
 Food Tech > Novel Foods > Food Ingredients > $83.6M (▲231%)
28 Dairy Substitute > Plant Based $ Invested in Last 24 Months

Daiya Foods Kite Hill Nutpods 3 (▼-50%)

(2008, Vancouver, $775K) (2013, San Francisco, $75.5M) (2013, Bellevue, $36.7M) # Funding Rounds in Last 24 Months

Key Stats Recent Funding Rounds Taxonomy

$40.0M - Series C - Oct 2018

Food Tech (Zomato)
31 10 Kite Hill (2013, San Francisco, $75.5M)
(# Cos: 9185 | $25.4B)

Companies Funded Companies

$33.6M - Series B - Jul 2019 Novel Foods (Beyond Meat)
Nutpods (2013, Bellevue, $36.7M) (# Cos: 418 | $2.8B)

$10.0M - Series C - Sep 2019

Food Ingredients (Codexis)
$112M 1 Kite Hill (2013, San Francisco, $75.5M)
(# Cos: 95 | $808M)
View all Funding Rounds on Tracxn Platform
$ Invested Soonicorn Club
Dairy Substitute (Perfect Day)
(# Cos: 35 | $315M)

- 3 Plant Based (Daiya Foods)

IPOs Acquisitions (# Cos: 31 | $112M)

Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

37 Top Funded Business Models in Food Tech Copyright © 2020, Tracxn Technologies Private Limited. All rights reserved.
 Food Tech > Technology Enablers > Restaurants $21.4M (▲290%)
29 > Back Office Solutions > Invoice Processing $ Invested in Last 24 Months

xtraCHEF MarginEdge Orderly 6 (▲100%)

(2015, New York City, $10.5M) (2015, Arlington, $10.9M) (2012, Atlanta, $5.9M) # Funding Rounds in Last 24 Months

Key Stats Recent Funding Rounds Taxonomy

$7.5M - Series A - May 2019

Food Tech (Zomato)
7 5 xtraCHEF (2015, New York City, $10.5M)
(# Cos: 9185 | $25.4B)

Companies Funded Companies

$5.0M - Series A - Oct 2019 Technology Enablers (Lightspeed)
MarginEdge (2015, Arlington, $10.9M) (# Cos: 2283 | $3.5B)

$3.4M - Series A - May 2018

Restaurants (PAR Technology Corp)
$31.5M 1 MarginEdge (2015, Arlington, $10.9M)
(# Cos: 1988 | $3.2B)
$ Invested Soonicorn Club $3.0M - Series A - Mar 2018
xtraCHEF (2015, New York City, $10.5M) Back Office Solutions (FoodLogiQ)
(# Cos: 297 | $990M)
$2.5M - Series A - Mar 2019
MarginEdge (2015, Arlington, $10.9M)
- 1 Invoice Processing (xtraCHEF)
IPOs Acquisitions - Series A - May 2018 (# Cos: 7 | $31.5M)
xtraCHEF (2015, New York City, $10.5M)
View all Funding Rounds on Tracxn Platform

Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

38 Top Funded Business Models in Food Tech Copyright © 2020, Tracxn Technologies Private Limited. All rights reserved.
 Food Tech > Food Discovery and Ordering > $10.9M (▼-62%)
30 Chef Prepared Meals $ Invested in Last 24 Months

HolaChef Yumamia CookUnity 11 (▼-59%)

(2014, Mumbai, $11.7M) (2014, Clearwater, $2.8M) (2014, New York City, $8.0M) # Funding Rounds in Last 24 Months

Key Stats Recent Funding Rounds Taxonomy

$4.5M - Series A - Feb 2019

Food Tech (Swiggy)
367 62 CookUnity (2014, New York City, $8.0M)
(# Cos: 9185 | $25.4B)

Companies Funded Companies

$2.5M - Series A - Jan 2020 Food Discovery and Ordering (Zomato)
CookUnity (2014, New York City, $8.0M) (# Cos: 3686 | $14.4B)

$1.5M - Seed - May 2019

Chef Prepared Meals (HolaChef)
$47.7M 1 Yumamia (2014, Clearwater, $2.8M)
(# Cos: 367 | $47.7M)
$ Invested Soonicorn Club $1.2M - Seed - Aug 2019
EatTasty (2016, Lisbon, $1.3M)

$839K - Series B - Feb 2018

HolaChef (2014, Mumbai, $11.7M)
- 4
IPOs Acquisitions $150K - Seed - Mar 2019
Shefs (2018, San Francisco, $150K)

$90.0K - Seed - Jul 2018

Homade (2017, Jakarta, $90.0K)
View all Funding Rounds on Tracxn Platform

Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

39 Top Funded Business Models in Food Tech Copyright © 2020, Tracxn Technologies Private Limited. All rights reserved.
 Food Tech > Food Discovery and Ordering > Dine Out > $16.5M (▲33%)
31 Reservation and Ordering > Self Ordering > With Payment $ Invested in Last 24 Months

Waitrr Noble Eatsy 9 (▼-10%)

(2015) (2016, Boston, $48.3K) (2016, $1.0M) # Funding Rounds in Last 24 Months

Key Stats Recent Funding Rounds Taxonomy

$10.5M - Seed - Mar 2019

Food Tech (Swiggy)
88 28 Wi5 (2015, London, $10.5M)
(# Cos: 9185 | $25.4B)

Companies Funded Companies

$3.9M - Series A - Jun 2018 Food Discovery and Ordering (Zomato)
HipBar (2015, Chennai, $4.7M) (# Cos: 3686 | $14.4B)

$740K - Series A - Feb 2018

Dine Out (Zagat)
$77.8M 1 Mr. Noow (2017, Barcelona, $1.3M)
(# Cos: 1552 | $909M)
$ Invested Soonicorn Club $550K - Seed - Jan 2019
Eatsy (2016, $1.0M) Reservation and Ordering (OpenTable)
(# Cos: 521 | $526M)
$404K - Seed - Jun 2018
Eatsy (2016, $1.0M)
- - Self Ordering (Magic Pin)
IPOs Acquisitions $330K - Seed - Nov 2019 (# Cos: 135 | $169M)
Hopps (2017, San Francisco, $369K)

- Seed - Apr 2019 With Payment (Waitrr)

(# Cos: 88 | $77.8M)
Waitrr (2015)
View all Funding Rounds on Tracxn Platform

Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

40 Top Funded Business Models in Food Tech Copyright © 2020, Tracxn Technologies Private Limited. All rights reserved.
 $18.7M (▼-58%)
32 Food Tech > Tech Hardware > Food Storage $ Invested in Last 24 Months

Plum Coravin Free Flow Wines 6 (▲20%)

(2014, San Francisco, $22.9M) (2011, Burlington, $66.7M) (2009, Napa, $13.8M) # Funding Rounds in Last 24 Months

Key Stats Recent Funding Rounds Taxonomy

$10.0M - Series B - May 2018

Food Tech (Zomato)
22 12 Plum (2014, San Francisco, $22.9M)
(# Cos: 9185 | $25.4B)

Companies Funded Companies

$4.5M - Series C - Sep 2019 Tech Hardware (PicoBrew)
Coravin (2011, Burlington, $66.7M) (# Cos: 247 | $744M)

$2.4M - Series A - Nov 2018

Food Storage (Plum)
$113M 3 VeriSolutions (2015, Atlanta, $6.1M)
(# Cos: 22 | $113M)
$ Invested Soonicorn Club $1.0M - Angel - Nov 2018
BottleKeeper (2013, Phoenix, $1.0M)

$805K - Series A - May 2018

VeriSolutions (2015, Atlanta, $6.1M)
- -
IPOs Acquisitions
- Seed - Jul 2019
Shenzhen Express Information Technology
(2017)
View all Funding Rounds on Tracxn Platform

Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

41 Top Funded Business Models in Food Tech Copyright © 2020, Tracxn Technologies Private Limited. All rights reserved.
 $38.0M (▲216%)
33 Food Tech > Personalized Nutrition $ Invested in Last 24 Months

Day Two iEatBetter Modify Health 3 (▲50%)

(2015, Walnut Creek, $53.0M) (2017, San Mateo) (2007, Alpharetta, $2.0M) # Funding Rounds in Last 24 Months

Key Stats Recent Funding Rounds Taxonomy

$31.0M - Series B - Jun 2019

Food Tech (Zomato)
31 8 Day Two (2015, Walnut Creek, $53.0M)
(# Cos: 9185 | $25.4B)

Companies Funded Companies

$5.0M - Series B - Oct 2019 Personalized Nutrition (Day Two)
Day Two (2015, Walnut Creek, $53.0M) (# Cos: 31 | $50.9M)

$2.0M - Seed - Feb 2019

$50.9M 1 Modify Health (2007, Alpharetta, $2.0M)
View all Funding Rounds on Tracxn Platform
$ Invested Soonicorn Club

- -
IPOs Acquisitions

Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

42 Top Funded Business Models in Food Tech Copyright © 2020, Tracxn Technologies Private Limited. All rights reserved.
 Food Tech > Recipe Discovery > Personalized $9.1M (▼-49%)
34 Recommendation $ Invested in Last 24 Months

Yummly Zipongo EatRx 8 (▲33%)

(2009, Redwood City, $22.8M) (2011, San Francisco, $36.1M) (2008, Sebastopol, $1.0M) # Funding Rounds in Last 24 Months

Key Stats Recent Funding Rounds Taxonomy

$4.1M - Series A - Jul 2018

Food Tech (Zomato)
156 25 Lighter (2013, Boston, $5.9M)
(# Cos: 9185 | $25.4B)

Companies Funded Companies

$1.7M - Series A - Sep 2019 Recipe Discovery (Tastemade)
Lighter (2013, Boston, $5.9M) (# Cos: 589 | $298M)

$1.4M - Seed - Apr 2019

Personalized Recommendation
$54.9M 1 Showme (2016, Beijing, $1.6M)
(Yummly)
$ Invested Soonicorn Club $1.0M - Seed - Mar 2019 (# Cos: 156 | $54.9M)
EatRx (2008, Sebastopol, $1.0M)

$440K - Seed - Jan 2018

Muesli Fusion (2010, Atlanta, $440K)
- 4
IPOs Acquisitions $120K - Seed - Feb 2019
Ate (2016, Redwood City)

$120K - Seed - Feb 2019

Meal IQ (2016, London)
View all Funding Rounds on Tracxn Platform

Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

43 Top Funded Business Models in Food Tech Copyright © 2020, Tracxn Technologies Private Limited. All rights reserved.
 Food Tech > Internet First Restaurant > Pre prepared $23.8M (▲124%)
35 Ready to Heat Meals > Subscription > Baby Food $ Invested in Last 24 Months

Little Spoon Yumble Raised Real 4 (▼-20%)

(2015, San Francisco, $7.0M) (2015, New York City, $8.5M) (2016, San Francisco, $5.0M) # Funding Rounds in Last 24 Months

Key Stats Recent Funding Rounds Taxonomy

$8.0M - Series A - Dec 2019

Food Tech (Zomato)
15 7 Yumi (2015, Los Angeles, $12.1M)
(# Cos: 9185 | $25.4B)

Companies Funded Companies

$7.0M - Series A - Feb 2019 Internet First Restaurant (Curefit)
Little Spoon (2015, San Francisco, $7.0M) (# Cos: 1377 | $1.5B)

$7.0M - Series A - Sep 2018

Pre prepared Ready to Heat Meals (Fingerlix)
$34.5M 1 Yumble (2015, New York City, $8.5M)
(# Cos: 493 | $404M)
$ Invested Soonicorn Club $1.8M - Seed - May 2019
Nurture Life (2015, Chicago, $1.8M) Subscription (Yumble)
View all Funding Rounds on Tracxn Platform (# Cos: 21 | $54.9M)

- - Baby Food (Little Spoon)

IPOs Acquisitions (# Cos: 15 | $34.5M)

Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

44 Top Funded Business Models in Food Tech Copyright © 2020, Tracxn Technologies Private Limited. All rights reserved.
 Food Tech > Technology Enablers > Restaurants > $30.3M (▲1385%)
36 Back Office Solutions > Compliance Management $ Invested in Last 24 Months

FoodLogiQ ComplianceMate Eaternity 3 (▼-40%)

(2006, Durham, $29.5M) (2001, Lawrenceville) (2008, Zurich) # Funding Rounds in Last 24 Months

Key Stats Recent Funding Rounds Taxonomy

$19.5M - Series B - Mar 2018

Food Tech (Zomato)
17 6 FoodLogiQ (2006, Durham, $29.5M)
(# Cos: 9185 | $25.4B)

Companies Funded Companies

$10.0M - Series B - Jun 2019 Technology Enablers (Lightspeed)
FoodLogiQ (2006, Durham, $29.5M) (# Cos: 2283 | $3.5B)

$857K - Seed - Jan 2018

Restaurants (PAR Technology Corp)
$32.4M 1 zest HACCP (2015, Bordeaux, $857K)
(# Cos: 1988 | $3.2B)
View all Funding Rounds on Tracxn Platform
$ Invested Soonicorn Club
Back Office Solutions (HotSchedules)
(# Cos: 297 | $990M)

- - Compliance Management (FoodLogiQ)

IPOs Acquisitions (# Cos: 17 | $32.4M)

Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

45 Top Funded Business Models in Food Tech Copyright © 2020, Tracxn Technologies Private Limited. All rights reserved.
 Food Tech > Novel Foods > Food Products > $27.9M (▼-50%)
37 Meal Replacement $ Invested in Last 24 Months

Soylent Huel Ample Meal 3 (▼-50%)

(2013, Los Angeles, $74.5M) (2014, London, $25.9M) (2015, San Francisco, $3.8M) # Funding Rounds in Last 24 Months

Key Stats Recent Funding Rounds Taxonomy

$25.9M - Series A - Oct 2018

Food Tech (Zomato)
77 16 Huel (2014, London, $25.9M)
(# Cos: 9185 | $25.4B)

Companies Funded Companies

$2.0M - Seed - May 2018 Novel Foods (Impossible Foods)
Ample Meal (2015, San Francisco, $3.8M) (# Cos: 418 | $2.8B)

- Seed - Sep 2019

Food Products (Beyond Meat)
$110M 1 Hummingbird (2016, Melbourne)
(# Cos: 323 | $2.0B)
View all Funding Rounds on Tracxn Platform
$ Invested Soonicorn Club
Meal Replacement (Soylent)
(# Cos: 77 | $110M)

- 4
IPOs Acquisitions

Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

46 Top Funded Business Models in Food Tech Copyright © 2020, Tracxn Technologies Private Limited. All rights reserved.
 Food Tech > Technology Enablers > Restaurants > $16.0M (▲108%)
38 Back Office Solutions > HR > Employee Scheduling $ Invested in Last 24 Months

HotSchedules 7shifts Bizimply 3 (▼-40%)

(1999, Austin, $6.8M) (2011, Regina, $20.6M) (2011, Dublin, $2.2M) # Funding Rounds in Last 24 Months

Key Stats Recent Funding Rounds Taxonomy

$10.0M - Series A - Jan 2019

Food Tech (Zomato)
30 13 7shifts (2011, Regina, $20.6M)
(# Cos: 9185 | $25.4B)

Companies Funded Companies

$5.9M - Series A - Oct 2019 Technology Enablers (Lightspeed)
7shifts (2011, Regina, $20.6M) (# Cos: 2283 | $3.5B)

$45.0K - Seed - Apr 2019

Restaurants (PAR Technology Corp)
$31.1M 2 SnapShyft (2016, Indianapolis, $45.0K)
(# Cos: 1988 | $3.2B)
View all Funding Rounds on Tracxn Platform
$ Invested Soonicorn Club
Back Office Solutions (FoodLogiQ)
(# Cos: 297 | $990M)

- 1 HR (7shifts)
IPOs Acquisitions (# Cos: 48 | $64.0M)

Employee Scheduling
(HotSchedules)
(# Cos: 30 | $31.1M)

Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

47 Top Funded Business Models in Food Tech Copyright © 2020, Tracxn Technologies Private Limited. All rights reserved.
 Food Tech > Novel Foods > Food Ingredients > $22.0M (▲167%)
39 Sugar Substitute > Glycotechnology $ Invested in Last 24 Months

Douxmatok ZuChem 1 (▼-50%)

(2014, Petah Tikva, $30.1M) (2001, Chicago, $1.6M) # Funding Rounds in Last 24 Months

Key Stats Recent Funding Rounds Taxonomy

$22.0M - Series B - Jun 2019

Food Tech (Zomato)
2 2 Douxmatok (2014, Petah Tikva, $30.1M)
(# Cos: 9185 | $25.4B)

Companies Funded Companies View all Funding Rounds on Tracxn Platform

Novel Foods (Beyond Meat)
(# Cos: 418 | $2.8B)

Food Ingredients (Codexis)

$31.7M 2 (# Cos: 95 | $808M)
$ Invested Soonicorn Club
Sugar Substitute (better juice)
(# Cos: 20 | $32.9M)

- - Glycotechnology (Douxmatok)
IPOs Acquisitions (# Cos: 2 | $31.7M)

Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

48 Top Funded Business Models in Food Tech Copyright © 2020, Tracxn Technologies Private Limited. All rights reserved.
 Food Tech > Tech Hardware > Food Serving > $19.7M (▲-%)
40 Business Focused > Robot Waiter $ Invested in Last 24 Months

Bear Robotics Shenzhen Pudu Technology Vesta Cooking Robot 3 (▲-%)

(2017, San Francisco, $12.2M) (2016, Shenzhen, $7.5M) (2018, Hong Kong) # Funding Rounds in Last 24 Months

Key Stats Recent Funding Rounds Taxonomy

$10.2M - Series A - Aug 2019

Food Tech (Zomato)
5 2 Bear Robotics (2017, San Francisco, $12.2M)
(# Cos: 9185 | $25.4B)

Companies Funded Companies

$7.5M - Series A - Jun 2018 Tech Hardware (PicoBrew)
Shenzhen Pudu Technology (2016, Shenzhen, (# Cos: 247 | $744M)
$7.5M)

Food Serving (Yanu)

$19.7M 1 $2.0M - Seed - Apr 2018
Bear Robotics (2017, San Francisco, $12.2M) (# Cos: 29 | $81.5M)
$ Invested Soonicorn Club
View all Funding Rounds on Tracxn Platform
Business Focused (Bevi)
(# Cos: 23 | $81.5M)

- - Robot Waiter (Bear Robotics)

IPOs Acquisitions (# Cos: 5 | $19.7M)

Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

49 Top Funded Business Models in Food Tech Copyright © 2020, Tracxn Technologies Private Limited. All rights reserved.
 Food Tech > Food Discovery and Ordering > $3.6M (▼-92%)
41 Restaurant Aggregator > Takeaway $ Invested in Last 24 Months

Just Eat Just-Eat MealPal 7 (▼-30%)

(2001, London) (2001, London) (2015, New York City, $35.0M) # Funding Rounds in Last 24 Months

Key Stats Recent Funding Rounds Taxonomy

$1.2M - Seed - Nov 2018

Food Tech (Deliveroo)
135 31 Minnow (2017, Portland, $1.2M)
(# Cos: 9185 | $25.4B)

Companies Funded Companies

$1.0M - Seed - Mar 2018 Food Discovery and Ordering (Swiggy)
SmartQ (2015, Bangalore, $2.2M) (# Cos: 3686 | $14.4B)

$625K - Seed - Mar 2019

Restaurant Aggregator (Zomato)
$67.2M 3 DIRIGIO (2016, Yokohama, $625K)
(# Cos: 1628 | $13.4B)
$ Invested Soonicorn Club $618K - Seed - Mar 2018
Bamboo (2018, Dublin, $618K) Takeaway (Just Eat)
(# Cos: 135 | $67.2M)
$149K - Angel - Mar 2018
Grabb-n-Go (2016, Bangalore, $281K)
2 3
IPOs Acquisitions $17.3K - Seed - May 2018
Bitz (2017, Amsterdam, $17.3K)

- Seed - May 2018

DIRIGIO (2016, Yokohama, $625K)
View all Funding Rounds on Tracxn Platform

Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

50 Top Funded Business Models in Food Tech Copyright © 2020, Tracxn Technologies Private Limited. All rights reserved.
 $30.2M (▼-19%)
42 Food Tech > Culinary Learning $ Invested in Last 24 Months

Rouxbe Dely Cookly 2 (▼-60%)

(2005, Vancouver, $8.7M) (2014, Shibuya, $61.8M) (2014, Bangkok) # Funding Rounds in Last 24 Months

Key Stats Recent Funding Rounds Taxonomy

$30.2M - Series B - Jan 2018

Food Tech (Zomato)
37 17 Dely (2014, Shibuya, $61.8M)
(# Cos: 9185 | $25.4B)

Companies Funded Companies

- Seed - Jun 2018 Culinary Learning (Rouxbe)
Cookly (2014, Bangkok) (# Cos: 37 | $73.4M)
View all Funding Rounds on Tracxn Platform

$73.4M 1
$ Invested Soonicorn Club

- 1
IPOs Acquisitions

Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

51 Top Funded Business Models in Food Tech Copyright © 2020, Tracxn Technologies Private Limited. All rights reserved.
 Food Tech > Technology Enablers > $18.0M (▼-23%)
43 Nutritionists > Meal Planning $ Invested in Last 24 Months

HealthifyMe EatLove The Mealplanner 2 (▼-75%)

(2012, Bangalore, $25.2M) (2015, San Francisco, $2.4M) (2016, Pori, $1.1M) # Funding Rounds in Last 24 Months

Key Stats Recent Funding Rounds Taxonomy

$12.0M - Series B - Feb 2018

Food Tech (Zomato)
35 12 HealthifyMe (2012, Bangalore, $25.2M)
(# Cos: 9185 | $25.4B)

Companies Funded Companies

$6.0M - Series B - Nov 2018 Technology Enablers (PAR Technology Corp)
HealthifyMe (2012, Bangalore, $25.2M) (# Cos: 2283 | $3.5B)
View all Funding Rounds on Tracxn Platform
Nutritionists (EatLove)
$43.9M 2 (# Cos: 35 | $43.9M)
$ Invested Soonicorn Club
Meal Planning (HealthifyMe)
(# Cos: 35 | $43.9M)

- 1
IPOs Acquisitions

Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

52 Top Funded Business Models in Food Tech Copyright © 2020, Tracxn Technologies Private Limited. All rights reserved.
 Food Tech > Technology Enablers > Restaurants $8.4M (▲585%)
44 > Back Office Solutions > Procurement $ Invested in Last 24 Months

Authenticate FoodBAM Codify 5 (▲400%)

(2013, Harrogate, $6.5M) (2015, Waltham) (2017, San Francisco, $4.9M) # Funding Rounds in Last 24 Months

Key Stats Recent Funding Rounds Taxonomy

$4.9M - Series A - Aug 2019

Food Tech (Zomato)
30 7 Codify (2017, San Francisco, $4.9M)
(# Cos: 9185 | $25.4B)

Companies Funded Companies

$2.9M - Series A - May 2019 Technology Enablers (Lightspeed)
Authenticate (2013, Harrogate, $6.5M) (# Cos: 2283 | $3.5B)

$413K - Seed - Aug 2018

Restaurants (PAR Technology Corp)
$9.6M 1 Nix86 (2009, Newton, $1.6M)
(# Cos: 1988 | $3.2B)
$ Invested Soonicorn Club $32.9K - Seed - Oct 2019
DigiTally (2019, Tuam, $32.9K) Back Office Solutions (FoodLogiQ)
(# Cos: 297 | $990M)
- Seed - Mar 2018
Orderlion (2016, Vienna)
- - View all Funding Rounds on Tracxn Platform
Procurement (Authenticate)
IPOs Acquisitions (# Cos: 30 | $9.6M)

Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

53 Top Funded Business Models in Food Tech Copyright © 2020, Tracxn Technologies Private Limited. All rights reserved.
 $10.1M (▲122%)
45 Food Tech > Community Platforms $ Invested in Last 24 Months

Food Network VeganNation EatTreat 4 (▲300%)

(2009, New York City) (2017, Tel Aviv, $10.0M) (2015, Delhi, $506K) # Funding Rounds in Last 24 Months

Key Stats Recent Funding Rounds Taxonomy

$10.0M - Series A - Aug 2019

Food Tech (Zomato)
101 22 VeganNation (2017, Tel Aviv, $10.0M)
(# Cos: 9185 | $25.4B)

Companies Funded Companies

$146K - Angel - Jun 2018 Community Platforms (Food Network)
EatTreat (2015, Delhi, $506K) (# Cos: 101 | $24.5M)

- Seed - Jun 2018

$24.5M 1 Chihuo (2013, Rosemead)
$ Invested Soonicorn Club - Seed - Jun 2018
FoodScene (2016, Copenhagen)
View all Funding Rounds on Tracxn Platform

- 2
IPOs Acquisitions

Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

54 Top Funded Business Models in Food Tech Copyright © 2020, Tracxn Technologies Private Limited. All rights reserved.
 Food Tech > Technology Enablers > Restaurants $7.0M (▲431%)
46 > Food Recipe Analytics $ Invested in Last 24 Months

Tastewise Codecheck Pepper 5 (▲150%)

(2017, Tel Aviv, $6.5M) (2014, $1.2M) (2018, $150K) # Funding Rounds in Last 24 Months

Key Stats Recent Funding Rounds Taxonomy

$5.0M - Series A - Sep 2019

Food Tech (Zomato)
23 8 Tastewise (2017, Tel Aviv, $6.5M)
(# Cos: 9185 | $25.4B)

Companies Funded Companies

$1.5M - Seed - Jun 2018 Technology Enablers (Lightspeed)
Tastewise (2017, Tel Aviv, $6.5M) (# Cos: 2283 | $3.5B)

$395K - Seed - Aug 2018

Restaurants (PAR Technology Corp)
$8.3M 1 Spoonshot (2015, Bangalore, $433K)
(# Cos: 1988 | $3.2B)
$ Invested Soonicorn Club $150K - Seed - Oct 2019
Pepper (2018, $150K) Food Recipe Analytics (Tastewise)
(# Cos: 23 | $8.3M)
- Series A - Sep 2019
FoodDESK (2014, Gulfport)
- - View all Funding Rounds on Tracxn Platform
IPOs Acquisitions

Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

55 Top Funded Business Models in Food Tech Copyright © 2020, Tracxn Technologies Private Limited. All rights reserved.
 Food Tech > Chef Marketplaces > Chef $6.5M (▼-58%)
47 Hosted $ Invested in Last 24 Months

VizEat WeFiFo Feastly 5 (▼-58%)

(2013, Paris, $5.5M) (2016, Horsham, $770K) (2012, San Francisco, $11.4M) # Funding Rounds in Last 24 Months

Key Stats Recent Funding Rounds Taxonomy

$5.1M - Seed - Aug 2018

Food Tech (Zomato)
83 31 Feastly (2012, San Francisco, $11.4M)
(# Cos: 9185 | $25.4B)

Companies Funded Companies

$665K - Seed - Mar 2019 Chef Marketplaces (WeFiFo)
Cozymeal (2013, San Francisco, $665K) (# Cos: 174 | $128M)

$503K - Seed - Jun 2019

Chef Hosted (VizEat)
$63.7M - WeFiFo (2016, Horsham, $770K)
(# Cos: 83 | $63.7M)
$ Invested Soonicorn Club $173K - Angel - Jan 2018
MealTango (2013, Pune, $312K)

- Seed - Jun 2018

TastePlease (2016, Copenhagen)
- 3 View all Funding Rounds on Tracxn Platform
IPOs Acquisitions

Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

56 Top Funded Business Models in Food Tech Copyright © 2020, Tracxn Technologies Private Limited. All rights reserved.
 Food Tech > Internet First Restaurant > $4.8M (▲8%)
48 OnDemand > Healthy Meals $ Invested in Last 24 Months

NutritionPro Dietbon Farm Hill (formerly Kincao) 4 (▲33%)

(2018, Praha) (2013, Neuilly-sur-seine) (2013, San Francisco, $6.9M) # Funding Rounds in Last 24 Months

Key Stats Recent Funding Rounds Taxonomy

$2.4M - Seed - Oct 2018

Food Tech (Zomato)
79 10 Nextdish (2016, San Jose, $2.7M)
(# Cos: 9185 | $25.4B)

Companies Funded Companies

$1.7M - Seed - Jul 2019 Internet First Restaurant (FreshMenu)
NOSH (2015, Hong Kong, $2.2M) (# Cos: 1377 | $1.5B)

$370K - Seed - Nov 2018

OnDemand (Curefit)
$12.3M - Nextdish (2016, San Jose, $2.7M)
(# Cos: 884 | $1.1B)
$ Invested Soonicorn Club $367K - Angel - Oct 2019
Lean Lunch (2017, Leeds, $367K) Healthy Meals (NutritionPro)
View all Funding Rounds on Tracxn Platform (# Cos: 79 | $12.3M)

- 1
IPOs Acquisitions

Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

57 Top Funded Business Models in Food Tech Copyright © 2020, Tracxn Technologies Private Limited. All rights reserved.
 Food Tech > Technology Enablers > Restaurants $16.7M (▲203%)
49 > Back Office Solutions > HR > Job Boards $ Invested in Last 24 Months

Pared Brigad Gronda 2 (▼-71%)

(2015, San Francisco, $10.0M) (2015, Paris, $9.0M) (2015, Wattens, $125K) # Funding Rounds in Last 24 Months

Key Stats Recent Funding Rounds Taxonomy

$10.0M - Series A - Jun 2018

Food Tech (Zomato)
18 15 Pared (2015, San Francisco, $10.0M)
(# Cos: 9185 | $25.4B)

Companies Funded Companies

$6.7M - Series B - May 2019 Technology Enablers (Lightspeed)
Brigad (2015, Paris, $9.0M) (# Cos: 2283 | $3.5B)
View all Funding Rounds on Tracxn Platform

Restaurants (PAR Technology Corp)

$32.8M 1 (# Cos: 1988 | $3.2B)
$ Invested Soonicorn Club
Back Office Solutions (FoodLogiQ)
(# Cos: 297 | $990M)

- 1 HR (HotSchedules)
IPOs Acquisitions (# Cos: 48 | $64.0M)

Job Boards (Pared)

(# Cos: 18 | $32.8M)

Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

58 Top Funded Business Models in Food Tech Copyright © 2020, Tracxn Technologies Private Limited. All rights reserved.
 Food Tech > Food Discovery and Ordering > $3.9M (▲237%)
50 Dine Out > Listing and Reviews > Bars $ Invested in Last 24 Months

AnyExcuse The Bar Corner DUSK 4 (▲33%)

(2002, Dublin, $1.6M) (2014, Orleans) (2014, London) # Funding Rounds in Last 24 Months

Key Stats Recent Funding Rounds Taxonomy

$1.6M - Seed - May 2019

Food Tech (Swiggy)
106 16 AnyExcuse (2002, Dublin, $1.6M)
(# Cos: 9185 | $25.4B)

Companies Funded Companies

$1.5M - Seed - May 2018 Food Discovery and Ordering (Zomato)
Qorum (2015, San Francisco, $1.5M) (# Cos: 3686 | $14.4B)

$550K - Seed - Mar 2019

Dine Out (OpenTable)
$11.3M - BYBE (2000, Columbus, $550K)
(# Cos: 1552 | $909M)
$ Invested Soonicorn Club $150K - Seed - Oct 2018
Quench (2014, Montreal, $150K) Listing and Reviews (Zagat)
View all Funding Rounds on Tracxn Platform (# Cos: 947 | $332M)

- 2 Bars (AnyExcuse)
IPOs Acquisitions (# Cos: 106 | $11.3M)

Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

59 Top Funded Business Models in Food Tech Copyright © 2020, Tracxn Technologies Private Limited. All rights reserved.
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60 Top Funded Business Models in Food Tech Copyright © 2020, Tracxn Technologies Private Limited. All rights reserved.
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