iFood - About the company
iFood is a series F company based in Sao Paulo (Brazil), founded in 2011 by Felipe Fioravante and Angeline. It operates as an Operator of an online platform for ordering food and groceries. iFood has raised $592M in funding from investors like Just Eat, Movile and Naspers, with a current valuation of $5.4B. The company has 101 active competitors, including 8 funded and 5 that have exited. Its top competitors include companies like DoorDash, Rappi and Ze Delivery.
Sectors and market segments that iFood operate in
iFood serves in the Food and Agriculture Tech market segments.The primary business model of iFood is:Company Details
Operator of an online platform for ordering food and groceries. The platform facilitates delivery services from restaurants, markets, beverage providers, pharmacies, and pet shops. It also provides a channel for individuals to register as delivery personnel. The platform offers resources for restaurants and markets to establish an online presence.
- Website
- www.ifood.com.br/
Key Metrics
Founded Year
2011
Location
Sao Paulo, Brazil
Stage
Series F
Total Funding
$592M in 7 rounds
Latest Funding Round
Post Money Valuation
$5.4B as on Aug 19, 2022
Ranked
2nd among 101 active competitors
Employee Count
16,949 as on Sep 30, 2026
Legal entities associated with iFood
iFood is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
iFood CIN: 45403049876 , Latvia, Deadpooled | Mar 06, 2018 | - | 6 (As on Dec 31, 2019) | - |
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iFood's funding and investors
iFood has raised a total funding of $592M over 7 rounds. Its latest funding round was a Series F round on Nov 13, 2018 for $500M. 2 investors participated in its latest round. iFood has 10 institutional investors.
Here is the list of recent funding rounds of iFood:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Nov 13, 2018 | $500M | Series F | $1.5B | - | - | |
Jul 15, 2016 | $30M | Series E | - | - | - | |
Jun 01, 2015 | $50M | Series E | - | - | - |
View details of iFood's funding rounds and investors
iFood's founders and board of directors
Founder? Claim ProfileThe founders of iFood are Felipe Fioravante and Angeline.
Here are the details of iFood's key team members:
- Felipe Fioravante: Co-Founder & CEO of iFood.
- Angeline: CEO/Founder of iFood.
View details of iFood's Founder profiles and Board Members
iFood's employee count trend
iFood has 16,949 employees as of Sep 26. Here is iFood's employee count trend over the years:
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iFood's Competitors and alternates
Top competitors of iFood include DoorDash, Rappi and Ze Delivery. Here is the list of Top 10 competitors of iFood, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | 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 | Operator of an online platform for ordering food and groceries | $592M | 80/100 | ||
3rd | Online food ordering and delivery platform | $2.46B | 75/100 | ||
4th | Ze Delivery 2015, Sao Paulo (Brazil), Funding Raised | Retailer of alcoholic beverages snacks and various related grocery items | - | 57/100 | |
5th | Just Eat 2001, London (United Kingdom), Public | Operator of an online platform for ordering food and grocery items | - | 56/100 | |
6th | Mais Delivery 2014, Blumenau (Brazil), Unfunded | Provider of app-based hyperlocal delivery services | - | - | 51/100 |
7th | Online food ordering and delivery platform | - | - | 48/100 | |
8th | Just Eat 2001, Amsterdam (Netherlands), Acquired | Operator of an online food ordering platform for take-aways | - | - | 47/100 |
9th | Delivery Much 2011, Santa Maria (Brazil), Series B | App-based platform for food ordering and delivery | - | - | 46/100 |
10th | Online company providing food delivery services from local restaurants | - | - | 46/100 |
Looking for more details on iFood's competitors? Click here to see the top ones
iFood's Investments and acquisitions
iFood has made 5 investments in companies including Shopper and Anota AI. iFood has also acquired 10 companies including PicknGo and Get In.Here is the list of investments & acquisitions:
Filter this list
Date of Investment/Acquisition | Type | Company Name | Founded Year | Location |
|---|---|---|---|---|
Oct 13, 2026 | Acquisition | 2026 | ||
Apr 26, 2026 | Acquisition | 2014 | ||
Nov 12, 2025 | Acquisition | 2023 | Sao Paulo (Brazil) |
See all investments and acquisitions by iFood
Reports related to iFood
Here is the latest report on iFood's sector:
News related to iFood
Media has covered iFood for a total of 31 events in the last 1 year, 11 of them have been about company updates and 7 about partnerships.
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iFood Acquires Caju for R$1 Billion, Boosting Focus on Corporate Benefits MarketGrupoglobo•Oct 21, 2026•iFood, Caju
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iFood Announces R$ 24 Billion Investment in Brazil, Focusing on Growth Over ProfitabilityExame•Sep 16, 2026•iFood
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Open Finance accelerates Pix ITP adoption, with financial and payment sectors eyeing AI integrationGrupoglobo•Aug 31, 2026•Bain & Company, Stone, com.br, Cloudwalk and 2 others
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Greentable Expands Corporate Meal Service with iFood Benefits PartnershipExame•Aug 19, 2026•iFood, Greentable
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iFood Launches 'Made in Brazil' Series to Combat Inferiority Complex and Showcase Tech InnovationExame•Aug 14, 2026•Exame, iFood
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iFood asks Cade to monitor Keeta and 99Food for predatory practicesGrupoglobo•Jun 29, 2026•Keeta, iFood
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BNDES Approves R$340 Million Financing for Tembici to Acquire Electric BikesMobile Time•Jun 23, 2026•iFood
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