# Ratio Food & Beverage Pte.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/ratio-food-beverage-pte

- Industry: Retail
- Headquarters: Singapore, Singapore
- Website: www.ratio.inc
- Total disclosed funding: $13M
- Latest round: Series A (Jun 16, 2022)
- Investors on record: 4

## About

Based in Singapore, Ratio Food & Beverage focuses on delivering innovative solutions in the food and beverage sector, enhancing operational efficiency and user experience through technology and smarter processes.Founded in 2017, Ratio Food & Beverage Pte. Ltd. operates primarily in Singapore, developing technology solutions tailored for the food and beverage industry. The company was established by Gavin Pathross, who continues to serve as CEO. In June 2022, Ratio raised SGD 4.2 million in Series A funding led by Fraser and Neave, Limited, with participation from returning investors Frasers Property and zVentures. This funding brought the total amount raised to SGD 4.2 million, supporting their expansion and product development efforts.Ratio Food & Beverage specializes in technology solutions for the food and beverage industry, focusing on operational efficiency and enhanced user experiences. Their offerings include software solutions aimed at data analytics, process automation, and customer engagement, designed to address the unique challenges faced by businesses in this sector. They primarily serve clients in Singapore and are expanding into new global markets, catering to various business sizes from small enterprises to larger corporations.In 2023, Ratio Food & Beverage generated revenue of SGD 402,711.4, with an EBITDA of -SGD 786,791.2, reflecting their investment in growth and development despite the current revenue level.Following their Series A funding round on June 16, 2022, in which they raised SGD 4.2 million, Ratio Food & Beverage plans to accelerate new product development and expand into the Thailand and Malaysia markets. This strategic move aims to enhance their market presence and customer reach in Southeast Asia, utilizing the new funds to support product innovation and entry into these targeted regions.

## Funding rounds

- Series A, Jun 16, 2022, $3M — Frasers Property, zVentures, Fraser and Neave, Limited
- Series A, Feb 15, 2021, $10M — Frasers Property, zVentures, JustCo

## Investors

- Frasers Property — Series A
- zVentures (https://capitalatlas.ai/funds/zventures) — Series A
- JustCo — Series A
- Fraser and Neave, Limited — Series A