# nosh

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

- Industry: Food
- Headquarters: Osaka-shi, Japan
- Website: www.nosh.jp/
- Total disclosed funding: $6.9M
- Latest round: Series B (Dec 2, 2019)
- Investors on record: 5

## About

Based in Japan, nosh Inc. specializes in providing healthy, low-carb frozen meal delivery services tailored for health-conscious consumers. Their offerings prioritize nutrition and convenience, serving a diverse clientele across urban areas.Founded in 2016 in Osaka-shi, Japan, nosh Inc. focuses on healthy meal delivery. The company has successfully raised a total of JPY 460.00 mn through its SERIES B funding round in April 2022, attracting multiple investors including Hiroshima Venture Capital and Mynavi. Currently, nosh Inc. has completed three deals, with a current company valuation of JPY 4,326.79 mn.Nosh is a company specializing in the provision of healthy, low-carb frozen meal delivery services. Their core product offerings include a range of well-balanced prepared meals designed to cater to individuals seeking convenient yet nutritious dining options. Each meal is carefully crafted to maintain a consistent nutritional standard, specifically containing a maximum of 30g of carbohydrates and 2.5g of sodium per serving. The meals are primarily targeted at health-conscious consumers in urban areas across Japan, aiming to address rising concerns over unhealthy eating habits and busy lifestyles that hinder proper nutrition. Nosh's client base includes individuals from various demographics, including busy professionals, families, and those following specific dietary regimes. Meals are ordered via the company’s app or website, allowing customers to select meal plans that fit their lifestyle needs.Nosh operates on a subscription-based revenue model, providing customers with the flexibility to choose from various meal plans that are delivered on a regular schedule—weekly or bi-weekly. Customers can select between different meal quantities, with pricing structured to incentivize larger orders. For instance, a 10-meal plan may offer a lower per-meal cost compared to smaller quantities. Specific flagship offerings, such as the "Nosh" meal series, are designed to appeal to the growing demand for convenient, diet-friendly meal options. Revenue from this direct-to-consumer model is generated through recurring subscriptions, ensuring a steady income stream as customers rely on Nosh for their meal preparations. The company's focus on healthy eating also aligns well with current dietary trends, enhancing its market appeal.In April 2022, nosh Inc. raised JPY 460.00 mn in a SERIES B funding round, which will be utilized for business expansion. The company plans to launch new meal options targeting various dietary preferences and expand its market presence into more regions across Japan by the end of 2023. This strategy aims to capture a broader audience seeking healthy meal solutions.

## Funding rounds

- Series B, Dec 2, 2019, $4.2M — SMBC Venture Capital, SBI Investment, Nissay Capital, Hiroshima Venture Capital, Mynavi
- Series A, May 15, 2018, $2.7M — Nissay Capital

## Investors

- Nissay Capital (https://capitalatlas.ai/funds/nissay-capital) — Series A, Series B
- SMBC Venture Capital (https://capitalatlas.ai/funds/smbc-venture-capital) — Series B
- SBI Investment (https://capitalatlas.ai/funds/sbi-investment) — Series B
- Hiroshima Venture Capital (https://capitalatlas.ai/funds/hiroshima-venture-capital) — Series B
- Mynavi — Series B
