iFood - About the company
iFood is a series F company based in Sao Paulo (Brazil), founded in 2011 by Eduardo Baer and Felipe Fioravante. 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 98 active competitors, including 8 funded and 5 that have exited. Its top competitors include companies like DoorDash, Rappi and Mais 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/
- Social
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 98 active competitors
Employee Count
15,469 as on Jun 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 | Documents |
|---|---|---|---|---|
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:
Filter this list
Filter this listDate 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 | - | - | - |
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iFood's founders and board of directors
Founder? Claim ProfileThe founders of iFood are Eduardo Baer and Felipe Fioravante.
Here are the details of iFood's key team members:
- Eduardo Baer: Founder and Managing Partner – Product Manager of iFood and founder of 1 other company. They are also an angel investor in 1 startup.
- Felipe Fioravante: Co-Founder & CEO of iFood.
View details of iFood's Founder profiles and Board Members
iFood's employee count trend
iFood has 15,469 employees as of Jun 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 Mais 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 | 79/100 | ||
3rd | Online food ordering and delivery platform | $2.46B | 78/100 | ||
4th |  Mais Delivery 2014, Blumenau (Brazil), Unfunded | Provider of app-based hyperlocal delivery services | - | - | 51/100 |
5th | Just Eat 2001, London (United Kingdom), Public | Operator of an online platform for ordering food and grocery items | - | 49/100 | |
6th | Online food ordering and delivery platform | - | - | 48/100 | |
7th | Delivery Much 2011, Santa Maria (Brazil), Series B | App-based platform for food ordering and delivery | - | - | 46/100 |
8th | Online company providing food delivery services from local restaurants | - | - | 45/100 | |
9th | Delivery from restaurants | $97.6K | - | 45/100 | |
10th | Just Eat 2001, Amsterdam (Netherlands), Acquired | Operator of an online food ordering platform for take-aways | - | - | 43/100 |
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iFood's Investments and acquisitions
iFood has made 5 investments in companies including Shopper and Anota AI. iFood has also acquired 9 companies including Get In and Advolve.Here is the list of investments & acquisitions:Filter this list
Filter this listDate of Investment/Acquisition | Type | Company Name | Founded Year | Location |
|---|---|---|---|---|
Apr 26, 2026 | Acquisition | 2014 | ||
Nov 12, 2025 | Acquisition | 2023 | Sao Paulo (Brazil) | |
Nov 07, 2024 | Investments | 2015 | Sao Paulo (Brazil) |
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Reports related to iFood
Here is the latest report on iFood's sector:
News related to iFood
Filter this listMedia has covered iFood for a total of 40 events in the last 1 year, 11 of them have been about company updates and 10 about partnerships.
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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$340 Million Financing for Tembici to Acquire Electric BikesMobile Time•Jun 23, 2026•iFood
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Meituan's Keeta Sued in Brazil Amidst Intensifying Delivery RivalryCaixin Global•May 26, 2026•Keeta, iFood, Meituan
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99 Invests R$ 45 Million in Fund to Expand Two-Wheeled E-MobilityAutoData•May 15, 2026•YvY Capital, 99, iFood
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iFood announces purchase of Get In, a restaurant reservation startupCnnbrasil•Apr 29, 2026•iFood, , Get In
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Nubank partners with iFood and TV Globo on financial literacy campaign.Propmark•Apr 13, 2026•Nubank, iFood
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iFood implements API with public safety for police to check delivery personnel.Grupoglobo•Mar 24, 2026•iFood
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iFood and Keeta Accuse Each Other of Espionage in Brazilian Delivery SectorExpansion•Mar 19, 2026•Keeta, iFood
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