Favor Overview
- Year Founded
-
2012

- Status
-
Acquired/Merged
- Employees
-
400

- Latest Deal Type
-
M&A
Favor General Information
Description
Developer of a mobile based food delivery application designed to deliver restaurant based food. The company's food delivery service is a location-based mobile application and website portal, enabling users to order food and groceries from stores and restaurants in the local area and delivers through courier at their door.
Contact Information
Website
www.favordelivery.com(Operating Subsidiary)
Corporate Office
- 1705 Guadalupe Street
- Suite 300
- Austin, TX 78701
- United States
Corporate Office
- 1705 Guadalupe Street
- Suite 300
- Austin, TX 78701
- United States
Favor Valuation & Funding
Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
---|---|---|---|---|---|---|
10. Merger/Acquisition | 15-Feb-2018 | Completed | Generating Revenue | |||
9. Early Stage VC (Series B) | 07-Sep-2017 | Completed | Profitable | |||
8. Early Stage VC (Series A) | 13-Mar-2015 | Completed | Generating Revenue | |||
7. Seed Round | 04-Sep-2014 | Completed | Startup | |||
6. Seed Round | 07-Nov-2013 | Completed | Startup | |||
5. Seed Round | 12-Feb-2013 | Completed | Startup | |||
4. Accelerator/Incubator | 01-Jan-2013 | Completed | Startup | |||
3. Accelerator/Incubator | 28-Aug-2012 | Completed | Startup | |||
2. Accelerator/Incubator | 01-Jan-2012 | Completed | Startup | |||
1. Accelerator/Incubator | Completed | Startup |
Favor Cap Table
Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
---|---|---|---|---|---|---|---|---|
Series B | ||||||||
Series A | ||||||||
Seed | 4,148,300 | $0.000100 | $0.2 | $0.2 | 1x | $0.2 | 7.61% |
Favor Comparisons
Industry
Financing
Details
Favor Competitors (31)
One of Favor’s 31 competitors is Bring Me That, a Venture Capital-Backed company based in Chicago, IL.
Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
---|---|---|---|---|---|---|
Bring Me That | Venture Capital-Backed | Chicago, IL | ||||
EatEasy | Formerly VC-backed | Dubai, United Arab Emirates | ||||
Swiggy | Formerly VC-backed | Bangalore, India | ||||
DoorDash | Formerly VC-backed | San Francisco, CA | ||||
Seamless | Formerly PE-Backed | New York, NY |
Favor Patents
Favor Recent Patent Activity
Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
---|---|---|---|---|---|
FR-1188925-A | Further training in heating stoves for chick breeders and other subjects | Inactive | 23-Dec-1957 |
Favor Signals
Favor Former Investors (13)
Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
---|---|---|---|---|
Austin Technology Incubator | Accelerator/Incubator | |||
Angel (individual) | Minority | |||
Boost VC | Venture Capital | Minority | ||
CIE HotHouse | Accelerator/Incubator | |||
Corsa Ventures | Venture Capital | Minority |
Favor FAQs
-
When was Favor founded?
Favor was founded in 2012.
-
Where is Favor headquartered?
Favor is headquartered in Austin, TX.
-
What is the size of Favor?
Favor has 400 total employees.
-
What industry is Favor in?
Favor’s primary industry is Other Restaurants, Hotels and Leisure.
-
Is Favor a private or public company?
Favor is a Private company.
-
What is Favor’s current revenue?
The current revenue for Favor is
. -
How much funding has Favor raised over time?
Favor has raised $38.9M.
-
Who are Favor’s investors?
Austin Technology Incubator, , Boost VC, CIE HotHouse, and Corsa Ventures are 5 of 13 investors who have invested in Favor.
-
Who are Favor’s competitors?
Bring Me That, EatEasy, Swiggy, DoorDash, and Seamless are some of the 31 competitors of Favor.
-
When was Favor acquired?
Favor was acquired on 15-Feb-2018.
-
Who acquired Favor?
Favor was acquired by HEB Grocery Company.
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