Choco - About the company
Choco is a series B company based in Berlin (Germany), founded in 2018 by Daniel Khachab, Rogerio Da Silva Yokomizo and Julian Hammer. It operates as a Provider of a platform streamlining order and payment processes for distributors. Choco has raised $301M in funding from investors like Bessemer Venture Partners, Coatue and Left Lane, with a current valuation of $1.2B. The company has 693 active competitors, including 110 funded and 44 that have exited. Its top competitors include companies like Anchanto, BeatRoute and Silo.
Sectors and market segments that Choco operate in
Choco serves in the Food and Agriculture Tech, Retail, Native AI market segments.The primary business model of Choco are:Company Details
Provider of a platform streamlining order and payment processes for distributors. The platform offers tools for order management, sales growth, and payment processing. It automates order capture, provides customer relationship management, and facilitates flexible payment options. The platform aims to reduce manual tasks and improve business relationships.
- Website
- choco.com/us
- Email ID
- *****@choco.com
- Phone Number
- +1 **********
- Registered Address
- Madison, Wisconsin
Key Metrics
Founded Year
2018
Location
Berlin, Germany
Stage
Series B
Total Funding
$301M in 6 rounds
Latest Funding Round
Post Money Valuation
$1.2B as on Apr 12, 2022
Investors
Ranked
1st among 693 active competitors
Employee Count
422 as on Mar 31, 2026
Investment & Acquisitions
Similar Companies
Legal entities associated with Choco
Choco is associated with 3 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
CHOCO INC. CIN: 463350494 , United States, Active | Dec 31, 1999 | - | 1 (As on Dec 31, 2023) | - |
ATLANTIC FOOD WASTE PARTNERS LLC, DBA CHOCO CIN: 320612925 , United States, Active | - | 51 (As on Dec 31, 2023) | - | |
Choco Communications GmbH CIN: HRB163226 , Germany, Active | Dec 31, 2017 | - | 85 (As on Dec 31, 2020) |
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Choco's funding and investors
Choco has raised a total funding of $301M over 6 rounds. Its first funding round was on Mar 20, 2018. Its latest funding round was a Series B round on Feb 2023 for $26.6M. 5 investors participated in its latest round. Choco has 20 institutional investors and 8 angel investors.
Here is the list of recent funding rounds of Choco:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Feb 2023 | $26.6M | Series B | - | - | ||
Apr 12, 2022 | $111M | Series B | $1.2B | - | ||
Jul 20, 2021 | $100M | Series B | $600M | - |
View details of Choco's funding rounds and investors
Choco's founders and board of directors
Founder? Claim ProfileThe founders of Choco are Daniel Khachab, Rogerio Da Silva Yokomizo and Julian Hammer. Daniel Khachab is the CEO of Choco.
Here are the details of Choco's key team members:
- Daniel Khachab: Co-Founder & CEO of Choco and founder of 2 other companies, Vaniday and Nomnomby. They are also an angel investor in 6 startups and serve on the boards of 2 companies.Contact Info: 1 email address
- Rogerio Da Silva Yokomizo: Co-Founder & Managing Director of Choco.
- Julian Hammer: Co-Founder of Choco.
Choco's Board of Directors
Choco's board has 1 active member. Daniel Khachab is part of team.Here is the list of Choco's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 8y 0m | |
Independent board member | - | Past | 0y 4m |
View details of Choco's Founder profiles and Board Members
Choco's employee count trend
Choco has 422 employees as of Mar 26. Here is Choco's employee count trend over the years:
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Choco's Competitors and alternates
Top competitors of Choco include Anchanto, BeatRoute and Silo. Here is the list of Top 10 competitors of Choco, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Provider of a platform streamlining order and payment processes for distributors | $301M | 72/100 | ||
2nd | Developer of e-commerce software and supply chain management solutions | $16.1M | 69/100 | ||
3rd | Provider of AI-driven platform for retail sales and distribution management | $180K | 68/100 | ||
4th | Silo 2017, San Francisco (United States), Series D | Provider of software suite solutions for food distributor businesses | $315M | 66/100 | |
5th | Dematic 1819, Atlanta (United States), Acquired | Cloud-based warehouse management and automation systems | $63.4M | 66/100 | |
6th | Provider of cloud-based supply chain automation solutions | $6.02M | 65/100 | ||
7th | Printful 2013, Charlotte (United States), Late Stage | Provider of on-demand custom printing and fulfillment service provider | $130M | 64/100 | |
8th | Platform offering retail sales enablement and reward software | $72.3M | 62/100 | ||
9th | Provider of informal distribution logistics solutions for businesses | $66M | 61/100 | ||
10th | Ekos Brewmaster 2002, Charlotte (United States), Acquired | Developer of business management software for beverage producers and distributors | $29M | 60/100 |
Looking for more details on Choco's competitors? Click here to see the top ones
Choco's Investments and acquisitions
Choco has acquired Katoo. Choco has not made any investments as of now.Reports related to Choco
Here is the latest report on Choco's sector:
News related to Choco
Media has covered Choco for 1 event in last 1 year, It was about partnerships.
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Choco and OpenAI Join Forces to Launch the First AI Voice Agent for Food Service IndustryPerishableNews.com•Dec 05, 2025•Choco, OpenAI
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Gastro start-up Choco will probably receive 33 million eurosStartbase•Dec 15, 2022•Choco, Insight, G Squared, Bessemer Venture Partners and 1 other
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Choco Raises $111M in Series B2 Funding; Valued at $1.2 BillionFinSMEs•Apr 12, 2022•Choco, G Squared, Insight Partners
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New mega-funding values the Choco gastro app at EUR 500 millionBusiness Insider Deutschland•Jul 20, 2021•Choco, Left Lane, Insight Partners, Coatue and 2 others
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Food tech startup Choco closes $100 million Series BRetail Technology Innovation Hub•Jul 20, 2021•Choco, Left Lane, Left Lane Capital, Insight Partners and 2 others
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