Choco
Financials
Estimates*
EUR | 2018 | 2019 | 2020 |
---|---|---|---|
Profit | (<1m) | (6.8m) | (11.4m) |
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
N/A | Seed | ||
* | $33.5m | Series A | |
$30.2m Valuation: $250m | Early VC | ||
N/A | N/A | - | |
$100m Valuation: $600m | Series B | ||
* | $111m Valuation: $1.2b | Series B | |
* | €33.0m Valuation: €1.1b | Late VC | |
* | €25.0m Valuation: €1.2b | Late VC | |
Total Funding | €308m |
Recent News about Choco
EditChoco is a technology-driven company that operates the largest free ordering platform designed to connect restaurants with their suppliers. The platform aims to streamline the ordering process, making it more efficient and reducing the reliance on paperwork. By offering a free app, Choco provides a seamless way for restaurants to place orders with multiple suppliers, thereby saving time and reducing operational complexities. The company primarily serves restaurants and food suppliers, operating within the food service industry. Choco's business model is based on providing a free-to-use platform, likely monetizing through premium features, partnerships, and possibly data analytics services. The company is committed to making food systems more sustainable and efficient, which is a core part of its mission.
Keywords: ordering platform, restaurants, suppliers, food service, sustainability, efficiency, free app, operational streamlining, technology-driven, partnerships.