About Food Service Chains sector in Brazil
The Food Service Chains sector in Brazil comprises 93 companies, including 18 funded companies having collectively raised $340M in venture capital money and private equity. Out of these, 13 are Series A+ funded.
Food Service Chains sector in Brazil has seen 6 acquisitions and 2 IPOs. This represents almost 8.6% of all such companies - which is higher than the 5.3% exit rate of tech companies in general.
This sector includes food service chains comprise businesses that operate in multiple locations and focus on preparing and offering meals for consumers outside their homes, available for on-premise consumption or takeaway.
Food Service Chains sector is also known as Quick Service Restaurants or Quick Service Restaurant Chains,Food Restaurant Chains,Foodservice & Restaurant Chains,Chained Consumer Foodservice,Chain Restaurants.
Companies operating chain of restaurants or bars, cafes, food trucks and caterers. Also, includes companies preparing and serving food products through vending machines. Restaurants operating at a single location, food delivery platforms, internet first restaurants, robotic kitchens, unmanned restaurants, restaurant franchisees, grocery retailers, companies manufacturing or selling equipment for foodservice businesses such as cooking equipment, refrigeration equipment, and vending machines manufacturers. Foodservice distributors, service providers to restaurants, companies manufacturing packaged food products, are also excluded.
Key Metrics
Total Companies
Total Funding
Funded Companies
Series A+ Companies
Series C+ Companies
IPOs
Acquisitions
Also known as
Quick Service Restaurants or Quick Service Restaurant Chains,Food Restaurant Chains,Foodservice & Restaurant Chains,Chained Consumer Foodservice,Chain Restaurants
Top Food Service Chains Companies in Brazil
There are 93 Food Service Chains startups in Brazil which include IMC, OAKBERRY, Bob's, Casa do Pão de Queijo, Tokyo Joe's. Out of these, 18 startups are funded, with 13 having secured Series A+ funding.
Over the past 10 years, an average of 2 new companies have been launched annually.
Here is the list of top Food Service Chains startups in Brazil
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1. IMC
Key facts about IMC
- Founded Year: 2006
- Location: Sao Paulo (Brazil)
- Stage: Public
- Total Funding till date: $100M
- Investors: BCI, Advent International and 1 Other
- Latest Funding Round: PE, Jun 02, 2010, $*****
- Tracxn Score: 57/100 What is this?
- Competitors Rank: 2 of 18 Competitors
2. OAKBERRY
Key facts about OAKBERRY
- Founded Year: 2016
- Location: Sao Paulo (Brazil)
- Stage: Series C
- Total Funding till date: $84.3M
- Investors: BTG Pactual
- Latest Funding Round: Series C, Dec 23, 2023, $*****
- Tracxn Score: 48/100 What is this?
- Competitors Rank: 1 of 2 Competitors
3. Bob's
Operator of a fast-food restaurant chain and franchising opportunities. It offers a menu of sandwiches, sides, desserts, and beverages. The company also provides a loyalty program and operates a mobile application for ordering and delivery. Franchise opportunities are available for interested parties. The company's website features information on its menu, locations, and franchise program.
Key facts about Bob's
- Founded Year: 1952
- Location: Rio de Janeiro (Brazil)
- Stage: Unfunded
- Tracxn Score: 36/100 What is this?
- Competitors Rank: 1 of 9 Competitors
Key facts about Casa do Pão de Queijo
- Founded Year: 1967
- Location: Sao Paulo (Brazil)
- Stage: Funding Raised
- Investors: Standard Bank
- Tracxn Score: 35/100 What is this?
- Competitors Rank: 1 of 5 Competitors
5. Tokyo Joe's
Tokyo Joes is a fast-casual Asian restaurant company, owns and operates a chain of restaurants. Its menu includes starters, made-to-order sushi, salads and soups, tea, made-to-order rice and noodle bowls, and sauces and dressings. It has locations in Arvada, Aurora, Boulder, Highlands Ranch, Denver, Glendale, Colorado Springs, Greenwood Village, Centennial, Aurora, Englewood, Fort Collins, Lakewood, Highlands Ranch, Louisville, Centennial, Aurora, Littleton, Westminster, and Greenwood Village, Colorado.
Key facts about Tokyo Joe's
- Founded Year: 1996
- Location: Colorado (Brazil)
- Stage: Acquired
- Investors: Gridiron Capital
- Latest Funding Round: PE, May 01, 2013, $*****
- Tracxn Score: 34/100 What is this?
- Competitors Rank: 2 of 3 Competitors
Companies founded year-on-year in the Food Service Chains sector in Brazil
7 Food Service Chains startups in Brazil were founded in 2017 - this is the most number of startups founded in any year in the last 10 years.
- Total Number of Companies
Year | No. of companies |
|---|---|
2025 | - |
2024 | - |
2023 | 3 |
2022 | - |
2021 | 1 |
2020 | 6 |
2019 | 1 |
2018 | 4 |
2017 | 7 |
2016 | 5 |
Stage-wise distribution of Food Service Chains sector companies in Brazil
Out of the total 93 Food Service Chains companies in Brazil, 18 have secured funding. Among them, 13 have reached Series A or higher, and 13 to Series B or beyond.
Founded - 93
Funded - 18
Series A+ - 13
Series B+ - 13
Series C+ - 11
Company Stage | No. of companies |
|---|---|
Founded | 93 |
Funded | 18 |
Series A+ | 13 |
Series B+ | 13 |
Series C+ | 11 |
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Funding Trends in the Food Service Chains sector in Brazil
Total funding year-on-year in the Food Service Chains sector in Brazil
The Food Service Chains sector in Brazil saw a total funding of more than $340M in the last 10 years. The most amount of funding was in 2010 at more than $200M.
- Total Funding
Year | Total Funding |
|---|---|
2025 | $17.7M |
2023 | $77M |
2022 | $8M |
2021 | $17.3M |
2020 | $19M |
2019 | $500K |
Recent Funding Rounds in Food Service Chains in Brazil
In the year 2025, till December 2025, Food Service Chains companies in Brazil have raised $17.7M in equity funding across 2 rounds.
Here are some recent, important funding rounds in Food Service Chains companies in Brazil:
Company | Round Raised | Amount Raised | Funding Date | Investors |
|---|---|---|---|---|
Angel | 7542 | Dec 16, 2025 | - | |
Series B | 9121 | May 26, 2025 | ||
Series C | 7066 | Dec 23, 2023 | ||
Series C | 4306 | Oct 30, 2023 | ||
Series B | 5560 | Dec 27, 2022 |
Top Investors in Food Service Chains in Brazil
L Catterton is the top investor in Food Service Chains companies in Brazil based on number of companies invested.
Here are some top investors in Food Service Chains companies in Brazil:
Investor | Location | Top Portfolio Companies |
|---|---|---|
Greenwich (United States) | - | |
Sao Paulo (Brazil) | ||
New York City (United States) | - | |
New York City (United States) | - | |
Sao Paulo (Brazil) |
M&A activity in Food Service Chains sector in Brazil
In the year 2024, till February 2024, 1 acquisition happened in Food Service Chains sector in Brazil.
Here are some recent, important acquisitions in Food Service Chains sector in Brazil:
Company | Acquisition Type | Acquisition Date | Acquirers |
|---|---|---|---|
Business Acquisition | Feb 02, 2024 | ||
Business Acquisition | Sep 20, 2022 | ||
Business Acquisition | Aug 23, 2022 | ||
Business Acquisition | Nov 02, 2011 | ||
Business Acquisition | Sep 23, 2008 |
Acquisition trends in Food Service Chains sector in Brazil
Here are the acquisition trends in Food Service Chains sector in Brazil:
- Total Number of Acquisitions
Year | No. of companies |
|---|---|
2025 | - |
2024 | 1 |
2023 | - |
2022 | 2 |
2021 | - |
2020 | - |
2019 | - |
2018 | - |
2017 | - |
2016 | - |
IPOs in Food Service Chains in Brazil
In the year 2015, till April 2015, 2 IPOs happened in Food Service Chains sector in Brazil.
Here are some recent, important IPOs in Food Service Chains sector in Brazil:
Company | IPO Date | Exchange Symbol |
|---|---|---|
Apr 02, 2015 | Brazil Stock Exchange (B3) | |
Apr 02, 2015 | Brazil Stock Exchange (B3) |
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Top News in Food Service Chains in Brazil
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Dublin Zoo Teams Up with Food Brands to Enhance Visitor Experiencebusinessplus.ie•Aug 01, 2025•Scrumdiddlys, Dublinzoo, OAKBERRY, Mad Egg and 3 others
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BWT Alpine Formula One team partners with OAKBERRYVietnam Investment Review•Feb 13, 2025•Formula 1, OAKBERRY
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Denies, Mad Greens, Tokyo Joe's testing drone deliveryFast Casual•Apr 05, 2023•Nekter Juice Bar, MAD Greens, Popadelics, Flyby and 1 other
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International Meal Company: Same-store sales grow 21% in Q2 compared to pre-pandemic periodPR Newswire•Aug 12, 2022•IMC
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BMI grows 60% and reaches new record with net revenue of R$ 1.85 billion in 2021PR Newswire•Mar 30, 2022•IMC
