# Chompy

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

- Industry: Software
- Headquarters: Tokyo, Japan
- Website: www.chompy-inc.com/
- Total disclosed funding: $7M
- Latest round: Series A (Jun 30, 2021)
- Investors on record: 6

## About

Chompy, Inc., based in Japan, specializes in enhancing the food distribution infrastructure by providing innovative technology solutions aimed at food retail brands, enabling them to create mobile applications and websites at no cost.Chompy, Inc. was founded in 2019 and is headquartered in Tokyo, Japan. The company operates a food distribution service and focuses on empowering food retail brands through technology. Shuhei Ohmi serves as the CEO. In June 2021, Chompy raised JPY 780 million in Series A funding, co-led by Delight Ventures and CyberAgent, along with other investors like ANRI and Sony Ventures. The company has conducted a total of 1 deal, with a current valuation of JPY 3,669.965 million.Chompy, Inc. specializes in developing innovative solutions aimed at enhancing the food distribution infrastructure, particularly focused on diverse culinary needs. Their core offering is a service that allows food retail brands to create official mobile applications and websites easily and at no cost. This service, currently in its beta phase, capitalizes on insights gained from nearly a year of operating a food delivery service, aimed at equipping food retail brands with technology that enhances their operations and consumer engagement. Chompy primarily targets the food retail sector, empowering various dining establishments to leverage technology irrespective of their scale.Chompy, Inc. generates revenue through a model that involves partnerships with food retail brands, facilitating their access to technology-driven solutions without upfront costs. The company’s service structure focuses on creating long-term relationships with clients, who benefit from a robust digital presence through official applications and websites. This model enhances customer engagement and operational efficiency for retail partners. The company's emphasis on free and accessible tech solutions indicates a strategy designed to build a substantial client base, potentially monetizing additional services as their clients' digital capabilities grow.Chompy plans to utilize the JPY 780 million raised in Series A funding from June 2021 to expand its product offerings and enter new markets. They are designing new features for their platform that they intend to launch in the coming months. The company is targeting expansion into additional regions within Asia, aiming for a broader reach by mid-2023. This funding will support the development of their technology and enhance their service capacity to meet the growing demands of food retail brands.

## Funding rounds

- Series A, Jun 30, 2021, $7M — DCM, CyberAgent, Inc., ANRI, Sony Innovation Fund, Coral Capital, Delight Ventures

## Investors

- DCM (https://capitalatlas.ai/funds/dcm) — Series A
- CyberAgent, Inc. — Series A
- ANRI (https://capitalatlas.ai/funds/anri) — Series A
- Sony Innovation Fund (https://capitalatlas.ai/funds/sony-innovation-fund) — Series A
- Coral Capital — Series A
- Delight Ventures (https://capitalatlas.ai/funds/delight-ventures) — Series A