# Takeoff Technologies

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/takeoff-technologies

- Industry: Software
- Headquarters: Waltham, US
- Website: www.takeoff.com
- Total disclosed funding: $49M
- Latest round: Series C (Sep 3, 2019)
- Investors on record: 3

## About

Founded in 2016 by José Vicente Aguerrevere and Max Pedró, and based in Massachusetts, US, Takeoff Technologies Inc. is a company that offers an online grocery shopping solution. The platform enables retailers to sell their products online. As of 2020, the company has 250 employees. 

Takeoff Technologies raised USD 25 million in Series C funding in September 2019 led by  Forrestal Capital, and with the participation of Ignia Partners, bringing its valuation to USD 500 million. 

The company's eGrocery solution offers customer user interface, assortment and content management, fulfillment, spoke routing, pickup and delivery, and replenishment from its micro fulfillment centers. 

The company generates annual sales of USD 30 million to USD 50 million.

## Funding rounds

- Series C, Sep 3, 2019, $25M — IGNIA Partners, Forrestal Capital, TBA Network
- Series B, Mar 26, 2019, $24M — IGNIA Partners

## Investors

- IGNIA Partners (https://capitalatlas.ai/funds/ignia-partners) — Series B, Series C
- Forrestal Capital — Series C
- TBA Network (https://capitalatlas.ai/funds/tba-network) — Series C