# Foodles

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

- Industry: Food
- Headquarters: Paris, France
- Website: www.foodles.co
- Total disclosed funding: $41M
- Latest round: Series B (Oct 6, 2021)
- Investors on record: 5

## About

Foodles specializes in corporate dining solutions, enhancing workplace culture through diverse meal offerings and innovative service methods, including multi-counter restaurants and connected fridges.Founded in 2015, Foodles is based in Paris, France, providing corporate dining services that enhance employee engagement. The company was co-founded by Clement Bonhomme and Michael ORMANCEY, who also serves as CEO. Foodles has successfully completed five funding deals, with the most recent being a EUR 15 mn Series B round on April 7, 2023, raising the total amount to EUR 15 mn and achieving a current valuation of EUR 166.477 mn.Foodles provides a comprehensive corporate dining solution focused on engaging employees through innovative meal options. Their services include multi-counter restaurant setups and connected fridges, offering over 700 gourmet recipes annually to cater to various dietary preferences while meeting high nutritional standards, with over 70% of offerings rated A and B on the Nutriscore scale. The company serves a diverse clientele across sectors, primarily in France, enhancing workplace cohesion through shared dining experiences.Foodles operates under a subscription model tailored to corporate clients, enabling customization of meal plans based on workforce needs. In the most recent fiscal year, the company reported a revenue of EUR 7,809,263.40 and an EBITDA of EUR -1,702,440.40, reflecting its focus on high-quality meal solutions integrated into workplace settings without disclosing specific pricing plans.Following a successful EUR 15 mn funding round in April 2023, Foodles plans to expand its product offerings and geographic reach. The company aims to introduce new meal options and expand into additional European markets, enhancing their presence in corporate dining. The recent funding will be utilized to support these growth initiatives and streamline operations, aligning with their strategic objectives.

## Funding rounds

- Series B, Oct 6, 2021, $31M — DN Capital, InfraVia Capital Partners, Creadev, Bpifrance Investissement, Adelie
- Series A, Aug 11, 2019, $9.9M — DN Capital, Creadev, Adelie

## Investors

- DN Capital (https://capitalatlas.ai/funds/dn-capital) — Series A, Series B
- Creadev — Series A, Series B
- Adelie (https://capitalatlas.ai/funds/adelie) — Series A, Series B
- InfraVia Capital Partners (https://capitalatlas.ai/funds/infravia-capital-partners) — Series B
- Bpifrance Investissement (https://capitalatlas.ai/funds/bpifrance-investissement) — Series B