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Favor - About the company

Favor is an acquired company based in Austin (United States), founded in 2013 by Ben Doherty and Chris Labasky. It operates as an Online food order and delivery platform. Favor has raised $37.1M in funding from investors like Silverton Partners, S3 Ventures and Austin Technology Incubator. The company has 550 active competitors, including 43 funded and 31 that have exited. Its top competitors include companies like DoorDash, Grubhub and Wonder.

Company Details

Online food order and delivery platform. The platform allows customers to order food from nearby local restaurants and food outlets. Its mobile application is available on Android and iOS platforms.
Social
XFacebook
Email ID
*****@favordelivery.com
Key Metrics
Founded Year
2013
Location
Austin, United States
Stage
Acquired
Total Funding
$37.1M in 5 rounds
Latest Funding Round
Ranked
Employee Count
111 as on Dec 31, 2017
Similar Companies
Exit Details
Acquired by H‑E‑B (Feb 15, 2018)

Favor's acquisition details

Favor got acquired by H‑E‑B on Feb 15, 2018.
Click here to take a look at Favor's acquisition in detail
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Favor's funding and investors

Favor has raised a total funding of $37.1M over 5 rounds. Its first funding round was on Feb 12, 2013. Its latest funding round was a Series B round on Sep 07, 2017 for $*****. 1 investor participated in its latest round. Favor has 9 institutional investors.

Here is the list of recent funding rounds of Favor:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Sep 07, 2017
3161898
Series B
7439151
3608714
2442289
8608380
Mar 13, 2015
1775072
Series A
5136034
9802974
7402691
6453159
Sep 04, 2014
5009894
Seed
6941953
9943147
4874935
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Favor's founders and board of directors

Founder? Claim Profile
The founders of Favor are Ben Doherty and Chris Labasky.
Here are the details of Favor's key team members:

Favor's employee count trend

Favor has 111 employees as of Dec 17. The total employee count is 18.0% lower than what it was in Dec 16. Here is Favor's employee count trend over the years:
Employee count trend for Favor
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Favor's Competitors and alternates

Top competitors of Favor include DoorDash, Grubhub and Wonder. Here is the list of Top 10 competitors of Favor, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for DoorDash
DoorDash
2013, San Francisco (United States), Public
Platform facilitating fast, same-day delivery of food, grocery and retail essentials from local stores and restaurants to consumers
$2.5B
88/100
2nd
Logo for Grubhub
Grubhub
2004, Chicago (United States), Acquired
Online platform offering food ordering and delivery services
$284M
85/100
3rd
Logo for Wonder
Wonder
2016, New York City (United States), Series D
Online platform offering food order and delivery
$1.87B
80/100
4th
Logo for Slice
Slice
2009, New York City (United States), Series D
Platform offers a variety of services centered around food delivery and dining experiences
$160M
77/100
5th
Logo for Postmates
Postmates
2011, San Francisco (United States), Acquired
Provider of on-demand delivery services for food, drinks, and groceries
$903M
75/100
6th
Logo for Just Eat Takeaway
Just Eat Takeaway
2000, Amsterdam (Netherlands), Acquired
Online platform offering food delivery services
-
71/100
7th
Logo for Favor
Favor
2013, Austin (United States), Acquired
Online food order and delivery platform
$37.1M
70/100
8th
Logo for Starship Technologies
Starship Technologies
2014, San Francisco (United States), Series C
Operator of autonomous robots for delivery of goods and advertising
$281M
70/100
9th
Logo for Flytrex
Flytrex
2013, Tel Aviv (Israel), Series C
Provider of cloud-based on-demand drone-based e-commerce delivery services
$60M
69/100
10th
Logo for UberEATS
UberEATS
2014, Denver (United States), Funding Raised
App-based platform offering food and grocery delivery services
-
68/100
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Favor's Investments and acquisitions

Favor has made no investments or acquisitions yet.

Reports related to Favor

Here is the latest report on Favor's sector:

News related to Favor

lockFilter this list
H-E-B's Favor Delivery names Keith Duncan CEOWinsight Grocery BusinessFeb 24, 2023Favor
Favor Delivery Hires Chief Taco OfficerHospitalitytechJul 12, 2022Favor
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