# snaQme.

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

- Industry: Food
- Headquarters: Tokyo, Japan
- Website: www.snaq.me
- Total disclosed funding: $1.9M
- Latest round: Series C (May 28, 2019)
- Investors on record: 5

## About

Based in Japan, snaQme. operates a digital platform that connects users with local eateries, enhancing consumer engagement and streamlining food delivery services across urban areas.snaQme. was founded in 2015 in Tokyo, Japan, focusing on connecting users with local food establishments. The company has successfully completed 5 deals, with its most recent funding round occurring on March 1, 2023. This round raised JPY 260.000 mn from investors including Delight Ventures, Future Food Fund, and SMBC Venture Capital. The CEO of the company is Shintaro Hattori.Snaq offers innovative solutions designed to enhance consumer engagement and streamline food delivery services. The company's core product is a digital platform that connects users with local eateries, allowing for seamless ordering and delivery. This service addresses the increasing demand for convenience in food consumption, particularly in urban areas where time constraints are prevalent. Snaq's platform is tailored to cater to a diverse clientele, including busy professionals, families, and students, with a strong focus on user experience and efficiency. The company actively serves markets in North America and select regions in Europe, establishing a robust client base that includes restaurants, cafes, and catering services aiming to expand their reach and optimize their delivery operations.Snaq's revenue model is primarily based on a B2B and direct-to-consumer approach, generating income through partnerships with local food establishments and service fees charged to users. Transactions typically occur through a subscription model, where restaurants pay a monthly fee for access to the platform, alongside a commission on each order processed. This dual revenue stream allows Snaq to maintain a sustainable business approach while offering competitive pricing to its partners. The platform's flagship service includes premium listings for restaurants, which are priced to enhance visibility and attract more customers. By providing a comprehensive solution that benefits both the end-users and the businesses, Snaq effectively positions itself as a key player in the food delivery market.In March 2023, snaQme. raised JPY 260.000 mn in venture debt financing as part of a larger JPY 550 million equity and debt financing round. The company plans to use this funding for recruitment and strengthening offline and corporate development. snaQme. aims to expand its product offerings and plans to enter new markets in Asia by the end of 2024.

## Funding rounds

- Series C, May 28, 2019, $1.9M — SMBC Venture Capital, LINE Ventures, Spiral Capital, Asahi Media Lab Ventures, W

## Investors

- SMBC Venture Capital (https://capitalatlas.ai/funds/smbc-venture-capital) — Series C
- LINE Ventures (https://capitalatlas.ai/funds/line-ventures) — Series C
- Spiral Capital (https://capitalatlas.ai/funds/spiral-capital) — Series C
- Asahi Media Lab Ventures (https://capitalatlas.ai/funds/asahi-media-lab-ventures) — Series C
- W (https://capitalatlas.ai/funds/w) — Series C