# Yummy

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

- Industry: Business Support Services
- Headquarters: Tangerang, Indonesia
- Website: www.yummycorp.com
- Total disclosed funding: $20M
- Latest round: Series B (Aug 2, 2021)
- Investors on record: 15

## About

Yummy Corp. is a food and beverage company that provides tailored culinary solutions to corporates, educational institutions, and healthcare facilities, ensuring high-quality dining experiences across Indonesia.Founded in 2017 by Daisy H, Juan C, Marbio Suntanu, Mario Suntanu, and Marius Suntanu, Yummy Corp. operates primarily from Tangerang, Indonesia. The company specializes in food service management and has successfully completed four deals. Most notably, on August 2, 2021, Yummy Corp. secured USD 12.00 mn in a Series B funding round, led by SBVA with participation from several investors including Amatil X and Intudo Ventures. The total amount raised to date stands at USD 12.00 mn, with a current company valuation of USD 47.84 mn.Yummy Corp specializes in providing comprehensive food and beverage solutions tailored for a diverse range of clients, including corporates, office buildings, schools, and hospitals. Their core offerings encompass Daily Food Services, Food Court Management, Corporate Branded Outlets, Meeting and Event Packages, and F&B Technology Management. The Daily Food Service delivers freshly prepared meals, while the Food Court Management service optimizes dining options with emphasis on certified hygiene standards. The Corporate Branded Outlet service facilitates the transformation of brands into unique dining experiences, and the Meeting and Event Packages cater to customized culinary needs for various occasions. Yummy Corp operates primarily in Indonesia, serving four major cities, including Jakarta and Tangerang, ensuring high-quality food services that meet regional culinary preferences.Yummy Corp's revenue model is structured through direct partnerships and services catering to both B2B and direct-to-consumer segments. This model includes transactional relationships with corporate clients using their Daily Food Catering Services and Food Court Management, often structured through contracts for regular meal provision. Pricing for the Daily Food Catering Service ranges from Rp 25,000 to Rp 40,000 per meal, while Food Court Management contracts vary between Rp 30,000 and Rp 75,000. These structured transactions reflect the company's commitment to delivering tailored culinary experiences while ensuring operational efficiency.In August 2021, Yummy Corp. raised USD 12.00 mn in Series B funding to support its growth initiatives. The company plans to expand into 50 new sites across Indonesia, utilizing this funding to enhance service availability and operational capacity. This expansion aims to solidify Yummy Corp's presence in the food and beverage sector within the region.

## Funding rounds

- Series B, Aug 2, 2021 — BRI Ventures
- Series B, Sep 25, 2020, $12M — SBVA, AppWorks, Sovereign's Capital, Vectr Ventures, Quest Ventures, Palm Drive Capital, Intudo Ventures, Amatil X
- Series A, Nov 1, 2019, $4.8M — East Ventures, Sovereign's Capital, SMDV, Intudo Ventures, Agaeti Venture Capital, Selera Kapital, Prasetia Dwidharma, MOLUCCAS II LIMITED
- Seed, Aug 23, 2018, $3M — East Ventures, MOLUCCAS II LIMITED

## Investors

- East Ventures (https://capitalatlas.ai/funds/east-ventures) — Seed, Series A
- MOLUCCAS II LIMITED — Seed, Series A
- Sovereign's Capital (https://capitalatlas.ai/funds/sovereign-s-capital) — Series A, Series B
- SMDV (https://capitalatlas.ai/funds/smdv) — Series A
- Intudo Ventures (https://capitalatlas.ai/funds/intudo-ventures) — Series A, Series B
- Agaeti Venture Capital (https://capitalatlas.ai/funds/agaeti-venture-capital) — Series A
- Selera Kapital — Series A
- Prasetia Dwidharma (https://capitalatlas.ai/funds/prasetia-dwidharma) — Series A
- SBVA (https://capitalatlas.ai/funds/sbva) — Series B
- AppWorks (https://capitalatlas.ai/funds/appworks) — Series B
- Vectr Ventures (https://capitalatlas.ai/funds/vectr-ventures) — Series B
- Quest Ventures (https://capitalatlas.ai/funds/quest-ventures) — Series B
- Palm Drive Capital (https://capitalatlas.ai/funds/palm-drive-capital) — Series B
- Amatil X (https://capitalatlas.ai/funds/amatil-x) — Series B
- BRI Ventures (https://capitalatlas.ai/funds/bri-ventures) — Series B