iFood
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
$1.6m | Series A | ||
$2.6m | Series B | ||
$2.0m | Series C | ||
$5.7m | Series D | ||
$50.0m | Series E | ||
$30.0m | Series F | ||
$124m Valuation: $1.0b | Late VC | ||
$500m | Series G | ||
* | $1.8b Valuation: $5.4b | Buyout | |
Total Funding | CAD976m |
Recent News about iFood
EditiFood is a prominent online food delivery service operating in Brazil, catering to a diverse clientele that includes individual consumers and businesses. The company operates in the highly competitive food delivery market, leveraging a robust digital platform to connect users with a vast network of restaurants and grocery stores. iFood's business model is based on charging a commission fee from partner restaurants and grocery stores for each order placed through its platform. Additionally, it offers subscription services for customers seeking benefits like free delivery and exclusive discounts. The company generates revenue through these commissions, subscription fees, and advertising services offered to its partners.
Keywords: food delivery, Brazil, digital platform, restaurants, grocery stores, commission fees, subscription services, advertising, competitive market, diverse clientele.