Foodbuy Overview
- Year Founded
-
1999
- Status
-
Acquired/Merged
- Employees
-
532
- Latest Deal Type
-
M&A
Foodbuy General Information
Description
Developer of an online food service procurement marketplace designed to offer food distribution services across the country. The company's food service procurement marketplace serves hospitality, healthcare, recreation, leisure, and food and beverage markets some of which are quite recognized organizations, enabling customers to get food, beverages, and related services on their table from their favorite destinations at their convenient time.
Contact Information
Website
www.foodbuy.com(Operating Subsidiary)
Corporate Office
- 2400 Yorkmont Road
- CC2
- Charlotte, NC 28217
- United States
Corporate Office
- 2400 Yorkmont Road
- CC2
- Charlotte, NC 28217
- United States
Foodbuy Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 3. Merger/Acquisition | 01-Jan-2007 | Completed | Generating Revenue | |||
| 2. Early Stage VC | 13-Mar-2000 | Completed | Generating Revenue | |||
| 1. Angel (individual) | $2.2M | $2.2M | Completed | Generating Revenue |
Foodbuy Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
Foodbuy Former Investors (3)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| @Ventures | Corporate Venture Capital | Minority | ||
| Kinetic Ventures | Venture Capital | Minority | ||
| Morrison Management Specialists | Corporation | Minority |
Foodbuy Investments & Acquisitions (8)
Foodbuy’s most recent deal was a Merger/Acquisition with Optab. The deal was made on 14-Feb-2024.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Optab | 14-Feb-2024 | Merger/Acquisition | Business/Productivity Software | ||
| Regency Purchasing Group | 16-Dec-2022 | Merger/Acquisition | Business/Productivity Software | ||
| E-Foods | 14-Oct-2022 | Merger/Acquisition | Business/Productivity Software | ||
| Equinoxe Solutions | 31-Aug-2022 | Merger/Acquisition | Other Commercial Services | ||
| Lillie's of Charleston | 09-May-2022 | Accelerator/Incubator | Food Products |
Affiliates
Subsidiaries (4)
| Name | Industry | Location | Year Founded |
|---|---|---|---|
| Equinoxe Solutions | Essex, United Kingdom | 2008 | |
| E-Foods | Manchester, United Kingdom | 2004 | |
| National Produce Consultants | Allen, TX | 1990 | |
| Regency Purchasing Group | Weston-super-Mare, United Kingdom | 1988 |
Foodbuy FAQs
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When was Foodbuy founded?
Foodbuy was founded in 1999.
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Where is Foodbuy headquartered?
Foodbuy is headquartered in Charlotte, NC.
-
What is the size of Foodbuy?
Foodbuy has 532 total employees.
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What industry is Foodbuy in?
Foodbuy’s primary industry is Logistics.
-
Is Foodbuy a private or public company?
Foodbuy is a Private company.
-
What is Foodbuy’s current revenue?
The current revenue for Foodbuy is .
-
How much funding has Foodbuy raised over time?
Foodbuy has raised $14.2M.
-
Who are Foodbuy’s investors?
@Ventures, Kinetic Ventures, and Morrison Management Specialists have invested in Foodbuy.
-
When was Foodbuy acquired?
Foodbuy was acquired on 01-Jan-2007.
-
Who acquired Foodbuy?
Foodbuy was acquired by Compass Group(Food and Beverage Services).
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