FOODIST
Exit to Ströer
When Olaf, Andreas and Alexander founded Foodist in 2012, e-commerce and gourmet food were still separate diets. The Hamburgers tried out a special recipe: They are one of the first providers in Germany to send monthly gourmet boxes with delicacies to private households. Six months after its founding, Foodist launches its first funding on Companisto, with 350 convinced gourmets already on its customer card. With the Companists, the startup is growing more than on schedule. Financing rounds 2 and 3 also followed on Companisto.
In total, about 1.5 million euros were invested and the turnover increased by 5000% in just under three years with 150,000 active customers. The ProSieben Accelerator quickly acquired a taste for the product and invested in the start-up. The product is also well received by Höhle der Löwen, but the founders reject the investment offer. In 2016, Foodist was taken over by the MDAX company Ströer. The Companists, who shared in the purchase price, achieved a high return.
In total, about 1.5 million euros were invested and the turnover increased by 5000% in just under three years with 150,000 active customers. The ProSieben Accelerator quickly acquired a taste for the product and invested in the start-up. The product is also well received by Höhle der Löwen, but the founders reject the investment offer. In 2016, Foodist was taken over by the MDAX company Ströer. The Companists, who shared in the purchase price, achieved a high return.
Roundstats 1-3:
- Financed in Q2 2013, Q1 2014 and Q2 2015
- 1.5 million EUR from 2,398 investors (part. subordinated loans)
- Pre-money valuation was 1.1 million EUR, 2 million EUR and 5.5 million EUR
