iFood is an online food delivery portal that develops an innovative system so users can order deliveries on the internet with no hassle.

iFood aims to revolutionize the world of food for a more practical and enjoyable life. In an innovative technology environment and the challenge of strong growth with the delivery partners, restaurants, and customers.

iFood was founded in May 15, 2011 by Guilherme Pinho Bonifacio, Patrick Sigrist, Felipe Ramos Fioravante & Simone Alves de Carvalho. The company is based in Osasco, São Paulo, Brazil, it is also presence in Mexico, Colombia and Argentina. iFood is a subsidiary of Movile Internet Móvel.

 

iFood is backed by Movile, Naspers, Just Eat, Innova Capital Consultoria Ltda (Brazil) & others. The company raised $500M in it's last funding of a "Series G" round on Nov 13, 2018. This brings iFood's total funding to $591.9M to-date.

 

iFood was valued at over $1B, during it's last "Series G" funding of a $500M on Nov 13, 2018. The company has also acquired Netcook, Devorando, Central do Delivery, SpoonRocket, RestauranteWeb & Hellofood Brasil and others as well as made a $3.3M investment in Zoop on Jan 31, 2018.

 

 

 

  • Year founded: 2011
  • Funding Info: $591.9M in 7 Funding Rounds (Last Funding Type: Series G)
  • Yearly Revenue: $250M-$350M (2018)
  • Employee Size: 1000-5000
  • Business Valuation: Valued at a $1B+ as of Nov 13, 2018
  • City/Town: Osasco
  • State: São Paulo
  • Country: Brazil
Related businesses