Yfood - About the company
Yfood is a series C company based in Munich (Germany), founded in 2017 by Benjamin Kremer and Noel Bollmann. It operates as a Provider of ready-to-drink and powdered meal replacement products. Yfood has raised $256M in funding from investors like Nestle, Felix Capital and Five Seasons Ventures.
Company Details
Provider of ready-to-drink and powdered meal replacement products. These products are designed to be convenient, nutritious, and easily integrated into busy lifestyles. The offerings include various flavors and formats, such as ready-to-drink shakes and powdered mixes for self-preparation. The company also offers bars and hot bowls as additional meal options. A subscription service is available for convenient recurring deliveries. The products are formulated with a focus on balanced nutrition and are marketed as a healthy alternative to traditional meals.
- Website
- yfood.eu
- Social
- Email ID
- *****@yfood.eu
- Phone Number
- +49 **********
- Registered Address
- Landwehrstraße 60-62 80336 Munich Germany
Key Metrics
Founded Year
2017
Location
Munich, Germany
Stage
Series C
Total Funding
$256M in 3 rounds
Latest Funding Round
Ranked
1st among 2 active competitors
Annual Revenue
€139M as on Dec 31, 2023
Employee Count
211 as on Apr 30, 2026
Legal entities associated with Yfood
Yfood is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Yfood Labs Gmbh CIN: HRB233686 , Germany, Active | May 30, 2017 | $150M (As on Dec 31, 2023) | 202 (As on Dec 01, 2023) |
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Yfood's funding and investors
Yfood has raised a total funding of $256M over 3 rounds. Its first funding round was on Jun 06, 2019. Its latest funding round was a Series C round on Feb 27, 2023 for $*****. 1 investor participated in its latest round. Yfood has 8 institutional investors.
Here is the list of recent funding rounds of Yfood:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Feb 27, 2023 | 8178464 | Series C | 8686015 | 8573588 | 3891301 | 7861709 |
Apr 21, 2020 | 4298634 | Series B | 5705141 | 9142124 | 9102054 | |
Jun 06, 2019 | 6978529 | Series A | 1618272 | 7829172 |
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Yfood's founders and board of directors
Founder? Claim ProfileThe founders of Yfood are Benjamin Kremer and Noel Bollmann. Noel Bollmann and Benjamin Kremer are the CEOs of Yfood.
Here are the details of Yfood's key team members:
- Benjamin Kremer: Co-Founder & Co-CEO of Yfood. They are also an angel investor in 2 startups and serve on the board of 1 company.Contact Info: 1 email address
- Noel Bollmann: Co-Founder & Co-CEO of Yfood. They are also an angel investor in 1 startup and serve on the board of 1 company.Contact Info: 1 email address
Yfood's Board of Directors
Yfood's board has 2 active members. Benjamin Kremer and Noel Bollmann are part of team.Here is the list of Yfood's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 8y 11m | |
Team | - | Current | 3y 3m |
View details of Yfood's Founder profiles and Board Members
Yfood's employee count trend
Yfood has 211 employees as of Apr 26. Here is Yfood's employee count trend over the years:
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Yfood's Competitors and alternates
Top competitors of Yfood include SUN MINIMEAL. Here is the list of Top 10 competitors of Yfood, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Provider of ready-to-drink and powdered meal replacement products | $256M | 61/100 | ||
2nd | SUN MINIMEAL 2000, Friedberg (Germany), Seed | Food company that develops nutrient-rich meal replacement products | $4.2M | - | 22/100 |
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Yfood's Investments and acquisitions
Yfood has made no investments or acquisitions yet.
Reports related to Yfood
Here is the latest report on Yfood's sector:
News related to Yfood
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Nestlé takes a big gulp from Yfood in a deal that values the meal replacement startup at $469 millionFusoes & Aquisicoes•Apr 06, 2023•Yfood, Nestle
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Munich-based Klar raises €2.3 million to launch its data operating system for ecommerce brandsEU-Startups•Mar 29, 2022•Klar, Xentral, Alaiko, SellerX and 3 others
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yfood doubles its sales and is heading towards the 100 million euro markvegconomist.de•Feb 08, 2022•Yfood
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New Zealand's Fonterra Among Investors In German Food Start-Up YFoodEsmmagazine•Apr 21, 2020•Fonterra, Felix Capital, Five Seasons Ventures, New Ground Ventures and 2 others
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Thelen startup Yfood gets four million for liquid foodGruenderszene•Jun 06, 2019•Yfood, Yfood, New Ground Ventures, FIVE SEASONS and 2 others
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