Legit Group

FoodSeries ASouth Jakarta, Indonesialegit-group.com

Latest round

Series A

Last raised

Apr 2023

Total raised

$17M

Investors

5

About Legit Group

Legit Group was founded in 2021 and is headquartered in South Jakarta, Indonesia. The company focuses on delivering culinary experiences through gourmet pasta and gyudon.Legit Group operates as a multi-brand cloud kitchen, providing a diverse range of culinary offerings focused on delivering high-quality meals. Their primary products include gourmet pasta and authentic gyudon, crafted to offer a rich, flavorful experience. The company oversees every step of the food preparation process from research and development to central kitchen production and delivery through cloud kitchen outlets, targeting urban consumers, particularly in metropolitan areas.Legit Group generates revenue through a structured business model focused on direct-to-consumer transactions. Customers place orders for meals via an online platform, choosing from various offerings, including flagship items like gourmet pasta and gyudon. The company's revenue structure is primarily transactional, stemming from individual meal purchases. Each order is priced according to the specific products selected, contributing to the overall sales volume. Plans for geographic expansion include entering new markets throughout Indonesia, aiming for a broader footprint by the end of 2024. This strategic focus aims to leverage the recent investment to enhance operational capacity and increase market penetration.

Who invested in Legit Group

5 investors across 2 rounds

See all investors in Legit Group

Sign up free to see every VC on the cap table, the rounds they joined, and how much each round raised.

Funding rounds

  1. Series A

    Apr 6, 2023

    Amount

    $14M

    Investors

    Locked

  2. Seed

    Sep 17, 2021

    Amount

    $3M

    Investors

    Locked

Questions about Legit Group

Who invested in Legit Group?

Legit Group has 5 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Legit Group raised?

Legit Group has raised 2 venture rounds. Sign up free to see how much each round raised and the total.

When did Legit Group last raise money?

Legit Group's most recent round on record is a Series A, in Apr 2023.

What does Legit Group do?

Legit Group was founded in 2021 and is headquartered in South Jakarta, Indonesia.

Where is Legit Group headquartered?

Legit Group is headquartered in South Jakarta, Indonesia.

Which VCs invest in companies like Legit Group?

Among active investors with capital left to deploy, Shanghai State-owned Capital Investment Leading Fund, Hui Hua Fund, Yufu Capital and ICBC Capital Management back food companies at Legit Group's stage. Their profiles are linked below.

Raising like Legit Group? Find the right VCs.

Capital Atlas matches your startup to active investors by stage, sector and region.

Free to start. Upgrade when you're ready to reach out.