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Takeoff - About the company

Takeoff is a series C company based in Waltham (United States), founded in 2016 by Max Pedro. It operates as a Provider of logistics and fulfillment solutions for e-grocers. Takeoff has raised $76.6M in funding from Forrest Capital and IGNIA, with a current valuation of $*****. The company has 567 active competitors, including 105 funded and 31 that have exited. Its top competitors include companies like Choco, GoKwik and Anchanto.

Company Details

Provider of logistics and fulfillment solutions for e-grocers. It offers mini-warehouses using grocery-sorting robots to assemble orders for the retailers.
Social
X
Email ID
*****@takeoff.com
Phone Number
+1 **********
Registered Address
Waltham, Massachusetts
Key Metrics
Founded Year
2016
Location
Waltham, United States
Stage
Series C
Total Funding
$76.6M in 4 rounds
Latest Funding Round
Post Money Valuation
$***** as on Sep 16, 2019
Ranked
Employee Count
134 as on Dec 31, 2022
Investment & Acquisitions
Similar Companies
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Takeoff's funding and investors

Takeoff has raised a total funding of $76.6M over 4 rounds. Its first funding round was on Nov 21, 2016. Its latest funding round was a Series C round on Sep 16, 2019 for $*****. 1 investor participated in its latest round. Takeoff has 5 institutional investors.

Here is the list of recent funding rounds of Takeoff:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Sep 16, 2019
6883001
Series C
8542231
6873313
1023279
4982352
Mar 26, 2019
4611818
Series B
9307418
8933807
5586710
3048342
Jan 31, 2018
5092008
Series A
2863526
4576275
7598319
4395029
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Takeoff's founders and board of directors

Founder? Claim Profile
The founders of Takeoff is Max Pedro.
Here are the details of Takeoff's key team members:

Takeoff's employee count trend

Takeoff has 134 employees as of Dec 22. The total employee count is 44.0% lower than what it was in Dec 21. Here is Takeoff's employee count trend over the years:
Employee count trend for Takeoff
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Takeoff's Competitors and alternates

Top competitors of Takeoff include Choco, GoKwik and Anchanto. Here is the list of Top 10 competitors of Takeoff, 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
71/100
2nd
Logo for GoKwik
GoKwik
2020, Delhi (India), Series B
Provider of software tools for managing electronic commerce business operations
$73.8M
68/100
3rd
Logo for Anchanto
Anchanto
2011, Singapore (Singapore), Series C
Developer of e-commerce software and supply chain management solutions
$16.1M
68/100
4th
Logo for Telexistence
Telexistence
2017, Tokyo (Japan), Series B
Manufacturer of remote controlled robots for automated retail labor tasks
$210M
65/100
5th
Logo for Stackbox
Stackbox
2016, Bengaluru (India), Series A
Provider of cloud-based supply chain automation solutions
$6.02M
65/100
6th
Logo for Pikndel
Pikndel
2022, Delhi (India), Seed
Provider of integrated e-commerce solutions including dark stores and delivery
$1.53M
64/100
7th
Logo for Zubale
Zubale
2018, Mexico City (Mexico), Series A
Platform offering retail sales enablement and reward software
$72.3M
62/100
8th
Logo for Bossa Nova
Bossa Nova
2005, San Francisco (United States), Series C
Provider of robots for retail stores
$69.6M
61/100
9th
Logo for Kiwibot
Kiwibot
2017, Berkeley (United States), Series B
Provider of AI-based autonomous delivery robots
$24M
60/100
10th
Logo for Simbe Robotics
Simbe Robotics
2014, San Francisco (United States), Series C
Developing robotic products for retail execution
$104M
58/100
16th
Logo for Takeoff
Takeoff
2016, Waltham (United States), Series C
Provider of logistics and fulfillment solutions for e-grocers
$76.6M
53/100
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Takeoff's Investments and acquisitions

Takeoff has made 1 investment in Revolv Space and acquired Cartfresh.

Reports related to Takeoff

Here is the latest report on Takeoff's sector:

News related to Takeoff

lockFilter this list
•
E-Grocer Takeoff Technologies Files for Bankruptcy to Sell AssetsThe Wall Street Journal•May 30, 2024•Takeoff
•
Albertsons to Open Micro-Fulfillment CenterProgressive Grocer•Jan 10, 2023•Albertsons, Takeoff
•
Takeoff, Hussmann Form Alliance to Accelerate Grocery E-CommerceWinsight Grocery Business•Apr 02, 2021•Takeoff, Hussmann
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FAQs about Takeoff

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