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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.

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.
Social
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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
Ranked
Employee Count
422 as on Mar 31, 2026
Investment & Acquisitions
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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:lockFilter this list
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
-
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Choco's founders and board of directors

Founder? Claim Profile
The 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:

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

Choco's employee count trend

Choco has 422 employees as of Mar 26. Here is Choco's employee count trend over the years:
Employee count trend for Choco
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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:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Choco
Choco
2018, Berlin (Germany), Series B
Provider of a platform streamlining order and payment processes for distributors
$301M
72/100
2nd
Logo for Anchanto
Anchanto
2011, Singapore (Singapore), Series C
Developer of e-commerce software and supply chain management solutions
$16.1M
69/100
3rd
Logo for BeatRoute
BeatRoute
2013, Gurugram (India), Seed
Provider of AI-driven platform for retail sales and distribution management
$180K
68/100
4th
Logo for Silo
Silo
2017, San Francisco (United States), Series D
Provider of software suite solutions for food distributor businesses
$315M
66/100
5th
Logo for Dematic
Dematic
1819, Atlanta (United States), Acquired
Cloud-based warehouse management and automation systems
$63.4M
66/100
6th
Logo for Stackbox
Stackbox
2016, Bengaluru (India), Series A
Provider of cloud-based supply chain automation solutions
$6.02M
65/100
7th
Logo for Printful
Printful
2013, Charlotte (United States), Late Stage
Provider of on-demand custom printing and fulfillment service provider
$130M
64/100
8th
Logo for Zubale
Zubale
2018, Mexico City (Mexico), Series A
Platform offering retail sales enablement and reward software
$72.3M
62/100
9th
Logo for Sabi
Sabi
2020, Lagos (Nigeria), Series B
Provider of informal distribution logistics solutions for businesses
$66M
61/100
10th
Logo for Ekos Brewmaster
Ekos Brewmaster
2002, Charlotte (United States), Acquired
Developer of business management software for beverage producers and distributors
$29M
60/100
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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

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Media has covered Choco for 1 event in last 1 year, It was about partnerships.
Choco launches in the UKStartbaseOct 17, 2022Choco
Choco emerges as a new food ordering serviceBusiness LeaderSep 29, 2022Choco
Food tech startup Choco closes $100 million Series BRetail Technology Innovation HubJul 20, 2021Choco, Left Lane, Left Lane Capital, Insight Partners and 2 others
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