# Choco

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/choco

- Industry: Internet
- Headquarters: Berlin, Germany
- Website: www.choco.com
- Total disclosed funding: $308M
- Latest round: Series B (Nov 21, 2022)
- Investors on record: 12

## About

Based in Berlin, Germany, Choco Communications GmbH, trading under the name Choco Communications, develops a connected global food system that provides an ingredient ordering application that connects restaurants and suppliers. The company was co-founded by Daniel Khachab (CEO) and Julian Hammer, and in July 2021, Atlantic Food Waste Partners, LLC received USD 100 from Left Lane Capital, Insight Partners, Coatue, and Bessemer Venture Partners. The company operates in six markets, including the United States, Germany, France, Spain, Austria, and Belgium as of July 2021.

The company offers an online ingredient ordering application that allows restaurant owners and suppliers to communicate and place their respective orders or supplies. It is a free mobile app for restaurants that allows chefs and managers to place orders and communicate with suppliers and is an online and mobile tool for suppliers that allows them to manage client connections and orders. The platform also allows restaurant owners to advertise and create better relationships with their customers.

Atlantic Food Waste Partners, LLC will use the July 2021 funding to build the technological backbone to make global food systems resilient, flexible, and less wasteful. The company plans to eradicate food waste, and this capital allows us to expand globally, assemble a world-class team and deliver a product and service that is indispensable for restaurants and suppliers.

## Funding rounds

- Series B, Nov 21, 2022, $26M — Insight Partners, Bessemer Venture Partners, Coatue Management, G Squared, Left Lane Capital
- Series B, May 19, 2022, $111M — Insight Partners, G Squared, Gaingels, Discovery Ventures
- Series B, Jul 19, 2021, $100M — Insight Partners, Bessemer Venture Partners, Coatue Management, Target Global, Atlantic Labs, Gaingels, Greyhound Capital, Left Lane Capital, Discovery Ventures
- Series A, Feb 12, 2020, $30M — Bessemer Venture Partners, Coatue Management, Target Global, Atlantic Labs, Greyhound Capital, Visionaries Club, Discovery Ventures
- Series A, Sep 12, 2019, $34M — Bessemer Venture Partners, Target Global, Atlantic Labs, Greyhound Capital, Visionaries Club, Discovery Ventures
- Seed, Nov 28, 2018, $7.8M — Atlantic Labs, Greyhound Capital, Luktev GmbH, Discovery Ventures

## Investors

- Atlantic Labs (https://capitalatlas.ai/funds/atlantic-labs) — Seed, Series A, Series B
- Greyhound Capital (https://capitalatlas.ai/funds/greyhound-capital) — Seed, Series A, Series B
- Luktev GmbH — Seed
- Discovery Ventures — Seed, Series A, Series B
- Bessemer Venture Partners (https://capitalatlas.ai/funds/bessemer-venture-partners) — Series A, Series B
- Target Global (https://capitalatlas.ai/funds/target-global) — Series A, Series B
- Visionaries Club (https://capitalatlas.ai/funds/visionaries-club) — Series A
- Coatue Management (https://capitalatlas.ai/funds/coatue-management) — Series A, Series B
- Insight Partners (https://capitalatlas.ai/funds/insight-partners) — Series B
- Gaingels (https://capitalatlas.ai/funds/gaingels) — Series B
- Left Lane Capital (https://capitalatlas.ai/funds/left-lane-capital) — Series B
- G Squared (https://capitalatlas.ai/funds/g-squared) — Series B