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The food delivery industry has expanded globally, creating a number of high-value private companies.
Among them, China's Alibaba Bendi Shenghuo Fuwu Gongsi has a valuation of $30B, and US-based Gopuff is valued at $15B. The sector also includes companies with other business models, such as Estonia's mobility app Bolt, valued at $11B.
Below is the full list of 18 Food Delivery unicorn startups at this time.
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Get the Sheet for $50Information about their valuation, HQ's location, founded year, name of founders, funding amount and number of employees.
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Get the Sheet for $50Alibaba Bendi Shenghuo Fuwu Gongsi is the holding company for two of China's leading on-demand service platforms, Ele.me and Koubei. Together, these services connect users with food delivery, restaurants, and other local businesses.
Gopuff provides a rapid delivery service for thousands of daily essentials, from snacks to cleaning supplies. They operate a network of micro-fulfillment centers to get products to customers in minutes.
Bolt develops a super-app for urban mobility, offering everything from ride-hailing and car-sharing to scooter rentals and food delivery. They operate one of Europe's leading mobility platforms, focused on making city transportation more affordable and accessible.
Wonder operates a food delivery platform that brings meals from top restaurants and brands like Blue Apron right to your door. They initially launched with a fleet of mobile kitchens, a novel concept designed to cook meals fresh just moments before delivery.
Rappi built a "super-app" that offers on-demand delivery services across Latin America, connecting users with a network of couriers. Their platform is best known for its wide range of offerings, allowing customers to order everything from restaurant meals and groceries to pharmacy items and even cash.
iFood operates a major online food ordering and delivery platform that connects restaurants with customers. Their app is a household name in Brazil, offering a vast selection of restaurants and grocery options for on-demand delivery.
Gousto delivers recipe boxes with pre-portioned ingredients, making it easier for people to cook fresh meals at home. They use AI and automation to power a vast menu, offering customers a highly personalized selection of recipes each week.
Market Kurly runs a premium online grocery platform focused on high-quality food and ingredients. The service is built around its signature "Dawn Delivery," which brings orders placed at night to customers' doorsteps by the next morning.
Kitopi operates a network of cloud kitchens, empowering food brands to expand their delivery services without needing physical storefronts. They manage the entire process from cooking to delivery, allowing restaurants to scale rapidly in new markets.
Fresh Life Style Supply Chain Management provides end-to-end cold chain solutions for the food and catering industry. Their services cover everything from warehousing to transportation, helping restaurants and food businesses maintain product freshness.
The 10 most valuable companies are only part of the picture. Founders from India to the Czech Republic are building major businesses that change how we get our food. Together, this next group of companies has raised nearly $5 billion. Here’s a look at the other food delivery unicorns worth watching.
| Unicorn Startup | Country | Year Founded | Amount Raised | Valuation |
|---|---|---|---|---|
| Belgium | 2018 | $236.8M | $1.4B | |
| India | 2011 | $829.6M | $1.4B | |
| India | 2015 | $489.5M | $1B | |
| Thailand | 2010 | $375M | $1B | |
| China | 2016 | $198.5M | $1B | |
| Czech Republic | 2014 | $878.1M | $1B | |
| China | 2012 | $348.7M | $1B | |
| United States | 2013 | $1.5B | $1B |
