When was NotCo founded?

NotCo was founded in 2015 and became a unicorn in 2021, reaching the milestone in 6 years. It raised its 1st funding round 2 years after its incorporation.

Where is NotCo located?

NotCo is headquartered in Santiago, Chile.

Who is the current CEO of NotCo?

Matias Muchnick of NotCo. They have also founded 1 company and are angel investors in 4 startups, including .

How many employees does NotCo have?

As of Jun 30, 2026, the latest employee count at NotCo is 801.

Is NotCo a funded company?

NotCo is a funded company, having raised a total of $466M across 8 funding rounds to date. The company's 1st funding round was a $250K Seed round, raised on May 31, 2017.

How much is NotCo worth?

The latest valuation of NotCo is $1.5B as of Jul 26, 2021.

When was the latest funding round of NotCo?

NotCo's latest funding was a $70M Series D round on Dec 12, 2022, with participation from 8 investors.

Is NotCo a Food Tech company?

The primary sector of NotCo is Food Tech.

Where does NotCo rank among its competitors?

NotCo ranks 1st amongst 5 active competitors, of which 4 are funded. It stands 1st in terms of total funding among its competitors. The most recent competitor to raise funding was Proxy Foods, which secured $6M in Aug, 2026.

Who are the top competitors of NotCo?

NotCo's top competitors include Proxy Foods, Hoow Foods and Bettrlabs. Among them, Proxy Foods secured the most recent funding round in August, 2026.

NotCo - 2026 Company Profile, Team, Funding & Competitors

NotCo is a series D company based in Santiago (Chile), founded in 2015 by Matias Muchnick. NotCo has raised $466M in funding from investors like Kaszek, IndieBio and The Craftory, with a current valuation of $1.5B. The company has 5 active competitors, including 4 that are funded. Its top competitors include companies like Proxy Foods, Hoow Foods and Bettrlabs.

Sectors and market segments that NotCo operate in

NotCo serves in the Food and Agriculture Tech market segments.The primary business model of NotCo is:

Food and Agriculture Tech > Food Tech > ***** **** > ***** ******

Company Details

From Concepts to Formulations and Processes - Accelerating the world of CPG and Biotech products at the speed of AI.

Website: www.notco.ai/
Email ID: *****@notco.com
Part Of

Key Metrics

Founded Year

2015

Location

Santiago, Chile

Stage

Series D

Total Funding

$466M in 8 rounds

Latest Funding Round

Series D, Dec 12, 2022, $70M

Post Money Valuation

$1.5B as on Jul 26, 2021

Investors

Kaszek & 24 more

Ranked

1^st among 5 active competitors

Employee Count

801 as on Jun 30, 2026

Similar Companies

Proxy Foods & 3 more

View NotCo's full profile

NotCo has raised a total funding of $466M over 8 rounds. Its first funding round was on May 31, 2017. Its latest funding round was a Series D round on Dec 12, 2022 for $70M. 8 investors participated in its latest round. NotCo has 21 institutional investors and 4 angel investors.

Here is the list of recent funding rounds of NotCo:

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Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Dec 12, 2022	$70M	Series D	-	-	Princeville Capital	Tiger Global Management, Bezos Expeditions, L Catterton, Kaszek, Future Positive, The Craftory, Marcos Galperin
Jul 26, 2021	$235M	Series D	-	-	Tiger Global Management	DFJ Growth, ZOMALAB, Enlightened Hospitality Investments, Bezos Expeditions, L Catterton, Kaszek, SOSV, Endeavor, Roger Federer, Lewis Hamilton, Questlove, Future Positive
Jun 02, 2021	$10M	Series C	-	-	Enlightened Hospitality Investments	-

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View details of NotCo's funding rounds and investors

The founders of NotCo is Matias Muchnick. Matias Muchnick is the CEO of NotCo.

Here are the details of NotCo's key team members:

Matias Muchnick: Co-Founder & CEO of NotCo and founder of 2 other companies, NotCo and NotCo. They are also an angel investor in 4 startups.
Contact Info: 1 email address

View details of NotCo's Founder profiles and Board Members

NotCo's employee count trend

NotCo has 801 employees as of Jun 26. Here is NotCo's employee count trend over the years:

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Top competitors of NotCo include Proxy Foods, Hoow Foods and Bettrlabs. Here is the list of Top 10 competitors of NotCo, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	NotCo 2015, Santiago (Chile), Series D	-	$466M	Princeville Capital, DFJ Growth & 23 others	59/100
2nd	Proxy Foods 2022, Washington, DC (United States), Seed	AI-based platform for recipe discovery	$8.3M	SWaN & Legend Venture Partners & 3 others	47/100
3rd	Hoow Foods 2018, Singapore (Singapore), Seed	Brand of cookies	$5.16M	Farquhar Venture Capital, TRIVE & 13 others	36/100
4th	Bettrlabs 2022, Bengaluru (India), Seed	Provider of digital intelligence and physical execution for product development	$92.9K	Indigram labs, IIT Madras & 5 others	35/100
5th	Foodpairing 2009, Bruges (Belgium), Funding Raised	Database on flavor combinations	-	ShakeUpFactory	25/100