Choco Overview
- Year Founded
-
2018
- Status
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Private
- Employees
-
436
- Latest Deal Type
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Later Stage VC
- Investors
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21
Choco General Information
Description
Developer of a digital order management platform intended to automate the food supply chain for distributors. The company offers features such as real-time order processing, integration with existing ERP systems, and an artificial intelligence-driven marketing assistant, enabling food distributors to streamline operations, reduce manual errors, enhance customer engagement, and ultimately improve sales while minimizing food waste through efficient inventory management.
Contact Information
Website
www.choco.comCorporate Office
- Wrangelstrasse 100
- 10997 Berlin
- Germany
Corporate Office
- Wrangelstrasse 100
- 10997 Berlin
- Germany
Choco Timeline
Choco Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 10. Later Stage VC | 01-Jun-2026 | Completed | Generating Revenue | |||
| 9. Secondary Transaction - Private | Completed | Generating Revenue | ||||
| 8. Later Stage VC | 23-Feb-2023 | Completed | Generating Revenue | |||
| 7. Early Stage VC (Series B2) | 12-Apr-2022 | Completed | Generating Revenue | |||
| 6. Early Stage VC (Series B) | 16-Jun-2021 | Completed | Generating Revenue | |||
| 5. Early Stage VC (Series A2) | 17-Mar-2020 | Completed | Generating Revenue | |||
| 4. Early Stage VC (Series A) | 22-Nov-2019 | Completed | Generating Revenue | |||
| 3. Seed Round | 04-Dec-2018 | Completed | Generating Revenue | |||
| 2. Seed Round | $3.5M | $3.5M | Completed | Startup | ||
| 1. Accelerator/Incubator | Completed | Startup |
Choco Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series A2 | ||||||||
| Series A | ||||||||
| Preference | 10,255 | $388.03 | $388.03 | 1x | $388.03 | 13.72% |
VC Exit Predictor
See how our proprietary methodology utilizes historical data sets to synthesize the likelihood of an acquisition, IPO, or no exit event. Get a detailed look at the calculations behind our predictions.
Choco Comparisons
Industry
Financing
Details
Choco Competitors (4)
One of Choco’s 4 competitors is GrubMarket, a Venture Capital-Backed company based in San Francisco, CA.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| GrubMarket | Venture Capital-Backed | San Francisco, CA | ||||
| REKKI | Venture Capital-Backed | London, United Kingdom | ||||
| Scoop Technologies. | Venture Capital-Backed | San Francisco, CA | ||||
| Full Harvest | Venture Capital-Backed | San Francisco, CA |
Choco Patents
Choco Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| US-20080193907-A1 | Method to analyze and improve creativity generated by a creative process | Inactive | 13-Feb-2007 |
Choco Signals
Choco Investors (21)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Henkel Ventures | Corporate Venture Capital | Minority | ||
| Calm Ventures | Venture Capital | Minority | ||
| Gaingels | Venture Capital | Minority | ||
| Liqid (Financial Services) | VC-Backed Company | Minority | ||
| Potentum Partners | PE/Buyout | Minority |
Choco Acquisitions (3)
Choco’s most recent deal was a Merger/Acquisition with GOOT. The deal was made on 31-Jan-2025.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| GOOT | 31-Jan-2025 | Merger/Acquisition | Business/Productivity Software | ||
| Katoo | 19-Jan-2023 | Merger/Acquisition | Business/Productivity Software | ||
| Refill Technologies | 16-Jun-2022 | Merger/Acquisition | Application Software |
Choco Affiliates
Subsidiaries (1)
| Name | Industry | Location | Year Founded |
|---|---|---|---|
| GOOT | Paris, France | 2013 |
Choco FAQs
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When was Choco founded?
Choco was founded in 2018.
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Where is Choco headquartered?
Choco is headquartered in Berlin, Germany.
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What is the size of Choco?
Choco has 436 total employees.
-
What industry is Choco in?
Choco’s primary industry is Business/Productivity Software.
-
Is Choco a private or public company?
Choco is a Private company.
-
What is Choco’s current revenue?
The current revenue for Choco is .
-
How much funding has Choco raised over time?
Choco has raised $310M.
-
Who are Choco’s investors?
Henkel Ventures, Calm Ventures, Gaingels, Liqid (Financial Services), and Potentum Partners are 5 of 21 investors who have invested in Choco.
-
Who are Choco’s competitors?
GrubMarket, REKKI, Scoop Technologies., and Full Harvest are competitors of Choco.
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