Choco
Founded Year
2018Stage
Series B - IV | AliveTotal Raised
$305.55MValuation
$0000Last Raised
$26.37M | 2 yrs agoMosaic Score The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.
+43 points in the past 30 days
About Choco
Choco is a technology company that focuses on the order process for the food supply industry through digital solutions. The company provides a platform that manages orders for food distributors and wholesalers, integrating with existing ERP systems to process orders. Choco's solutions aim to address operational efficiency and waste in the food distribution sector. It was founded in 2018 and is based in Berlin, Germany.
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ESPs containing Choco
The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.
The restaurant supply ordering platforms market consists of digital solutions that connect restaurants and foodservice businesses with suppliers and distributors for streamlined online ordering and inventory management. These technology platforms digitize the procurement process by providing digital catalogs, automated order processing, and real-time inventory tracking. The solutions typically int…
Choco named as Leader among 12 other companies, including Cheetah, Pepper, and Provi.
Choco's Products & Differentiators
Order Management
Easily manage all of your incoming orders
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Research containing Choco
Get data-driven expert analysis from the CB Insights Intelligence Unit.
CB Insights Intelligence Analysts have mentioned Choco in 1 CB Insights research brief, most recently on Sep 6, 2022.
Expert Collections containing Choco
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Choco is included in 3 Expert Collections, including Restaurant Tech.
Restaurant Tech
1,285 items
Hardware and software for restaurant management, bookings, staffing, mobile restaurant payments, inventory management, cloud kitchens, and more. On-demand food delivery services are excluded from this collection.
Unicorns- Billion Dollar Startups
1,276 items
Food Waste
264 items
Startups that help tackle food waste along the food value chain. Includes solutions that help resell or repurpose food waste.
Latest Choco News
Jul 1, 2025
Sediul central: Berlin, Germania Total finanţări: aproximativ 328 milioane de dolari Evaluare curentă: circa 1,2 miliarde de dolari după finanţarea din aprilie 2022 Model de business: aplicaţie gratuită pentru restaurante şi furnizori; venituri din servicii opţionale (contabilitate, facturare, soluţii financiare şi ERP integration pentru furnizori) Cifre-cheie: peste 15.000 de restaurante şi 10.000 de furnizori activi; valoarea tranzacţiilor prin platformă a depăşit 1,2 miliarde de dolari în februarie 2022; circa 400 de angajaţi. Povestea Choco pe larg Choco a fost fondată în 2018 de Daniel Khachab şi Julian cu scopul de a digitaliza lanţul de aprovizionare în industria HoReCa, eliminând dependenţa de fax, hârtie şi foi de calcul, arată informaţiile publicate pe site-ul companiei. În 2019, compania a atras prima rundă de finanţare în valoare 33,5 milioane de dolari, condusă de Bessemer Venture Partners, scrie TechCrunch. În 2020, Choco a anunţat a doua rundă de finanţare, în valoare de 30,2 milioane de dolari, condusă de Coatue Management, la o evaluare de aproximativ 250 milioane de dolari, potrivit TechCrunch şi News.Crunchbase. În iulie 2021, compania a primit o rundă de 100 milioane de dolari, condusă de Left Lane Capital, alături de Insight Partners, Bessemer şi Coatue, la o evaluare de circa 600 milioane de dolari, scrie TechCrunch. În aprilie 2022, a atras o altă finanţare, de 111 milioane de dolari într-o rundă internă (B2), condusă de investitorii existenţi: G Squared şi Insight Partners, potrivit Crunchbase. În urma acestei finanţări Choco a devenit unicorn, fiind evaluat la aproximativ 1,2 miliarde de dolari. Pentru alte știri, analize, articole și informații din business în timp real urmărește Ziarul Financiar pe WhatsApp Channels Citește și
Choco Frequently Asked Questions (FAQ)
When was Choco founded?
Choco was founded in 2018.
Where is Choco's headquarters?
Choco's headquarters is located at Hasenheide 54, Berlin.
What is Choco's latest funding round?
Choco's latest funding round is Series B - IV.
How much did Choco raise?
Choco raised a total of $305.55M.
Who are the investors of Choco?
Investors of Choco include Bessemer Venture Partners, Insight Partners, G Squared, Coatue, Left Lane and 16 more.
Who are Choco's competitors?
Competitors of Choco include Fresho, Orderly, Pepper, Orderlion, Soplaya and 7 more.
What products does Choco offer?
Choco's products include Order Management and 4 more.
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Compare Choco to Competitors
Rekki is a company that provides a mobile app platform for wholesale operations in the food industry. The app includes features for ingredient sourcing, supplier payments, and order processing for restaurants and suppliers. Rekki serves the foodservice industry, offering tools for restaurant owners, chefs, and suppliers to handle orders and payments. It was founded in 2016 and is based in London, England.
Dine Market is a company focused on providing an online wholesale food marketplace within the foodservice industry. Its main offerings include a platform for businesses to purchase restaurant-quality food and manage their supplier relationships, aiming to streamline the purchasing process and reduce costs. The company primarily serves sectors such as restaurants, bars, caterers, hotels, and other foodservice providers. It was founded in 2015 and is based in New York, New York.
Fresho operates as a technology company specializing in software solutions for the wholesale fresh food industry. It offers an online platform that streamlines ordering, picking, invoicing, and payments for wholesale food suppliers and their customers. It was founded in 2016 and is based in Melbourne, Australia.
Supy offers order processing software solutions. It streamlines the ordering process between restaurants and suppliers. Its software helps restaurants improve profit margins by providing them with insights into their purchasing trends at both an ingredient level and a supplier level. It was founded in 2021 and is based in Dubai, United Arab Emirates.
Oro specializes in business-to-business digital commerce solutions and offers products designed to facilitate online business for manufacturers, distributors, and wholesalers. The company provides an e-commerce platform, marketplace management software, and a flexible CRM system, all aimed at improving operational efficiency and customer experience. Oro's solutions cater to a variety of industries, including FMCG, HVAC, automotive, and electronics, among others. It was founded in 2012 and is based in Los Angeles, California.
Corevist is a company that provides B2B eCommerce solutions integrated with SAP ERP systems. Their offerings include a SaaS platform for managing B2B portals and eCommerce, which includes inventory management, product catalog access, online ordering, order tracking, and payment processing. The company serves sectors such as automotive, chemicals, consumer products, industrial manufacturing, pharmaceuticals, and medical devices. It was founded in 2008 and is based in Raleigh, North Carolina.
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