Saltalk
Latest round
- Series A
Last raised
- Mar 2022
Total raised
- $8.6M
Investors
- 4
About Saltalk
In 2017, the company was founded by Fred Ming, a Chinese entrepreneur based in the US. As of 2022, the company has built 8,000-square-foot virtual kitchen, meaning the business model without dine-in facilities, which featured over 200 different dishes. The company operates as a virtual kitchen and food ordering platform as an one-stop shop from Japanese food to pizza. Customers can order up to 2 weeks ahead, and delivery comes in 15 minutes. The platform cut out delivery fee by standardizing routing plans so the deliverer can do four stops at one time. In 2021, there are around 100 companies use the service Saltalk provided, which allows pre-ordering of group meals and delivery through proprietary route planning technology. The company generates revenue by providing services to chefs who wanted to start their own business, with 25% commission charged from such service. The company is planning to build up two new 15,000-square-foot virtual kitchens in the East Bay and the Peninsula to support additional brands, with 15 of these kitchens be dotted across Silicon Valley by the end of 2024.
Who invested in Saltalk
4 investors across 2 rounds
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Questions about Saltalk
Who invested in Saltalk?
Saltalk has 4 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 Saltalk raised?
Saltalk has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did Saltalk last raise money?
Saltalk's most recent round on record is a Series A, in Mar 2022.
What does Saltalk do?
In 2017, the company was founded by Fred Ming, a Chinese entrepreneur based in the US.
Where is Saltalk headquartered?
Saltalk is headquartered in Santa Clara, US.
Which VCs invest in companies like Saltalk?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back internet companies at Saltalk's stage. Their profiles are linked below.
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