# Lottay

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

- Industry: Internet
- Headquarters: US
- Website: www.lottay.com
- Total disclosed funding: $0.7M
- Latest round: Series A (Nov 17, 2009)
- Investors on record: 1

## About

Lottay was a company specializing in innovative solutions for food distribution, focusing on enhancing convenience and accessibility for consumers and businesses alike.Founded in 2008 in the US, Lottay aimed to revolutionize food distribution. The company participated in a Series A funding round, raising USD 0.470 mn from investors including Frontier Venture Capital. Throughout its operation, Lottay executed a total of 3 deals.Lottay specialized in the production and distribution of food products, catering to both individual consumers and commercial clients. Their offerings included a diverse range of processed food items, designed to meet the needs of households and culinary professionals, focusing on quality and flavor.Lottay generated revenue through direct sales to retailers, wholesalers, and food service providers, engaging in business-to-business transactions that ensured a steady income stream. This revenue model supported both one-time purchases and long-term contracts with clients.Lottay went out of business.

## Funding rounds

- Series A, Nov 17, 2009, $0.5M — Frontier Venture Capital
- Seed, Jul 24, 2009, $0.2M — Frontier Venture Capital

## Investors

- Frontier Venture Capital (https://capitalatlas.ai/funds/frontier-venture-capital) — Seed, Series A