# Zume

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

- Industry: Food
- Headquarters: Mountain View, US
- Website: www.zume.com
- Total disclosed funding: $398M
- Latest round: Series C (Oct 17, 2018)
- Investors on record: 3

## About

Zume Inc. is a technology company focused on transforming food delivery through innovative digital solutions and automated processes, enhancing efficiency in meal preparation and distribution.Founded in 2015 and headquartered in Mountain View, US, Zume Inc. originally specialized in providing automated food delivery solutions. The company made a significant pivot in late May 2023, discontinuing its operations related to Zume Pizza, Inc. The firm has successfully raised USD 375.00 mn in total funding, with the most recent round being a Series C led by SB Investment Advisers on May 31, 2023. Currently, the company holds a valuation of USD 1,513.86 mn and has been involved in five investment deals.Zume Inc. specializes in developing automated food delivery solutions aimed at enhancing the efficiency of meal preparation and distribution. Their core offerings include advanced food robotics and digital platforms designed to streamline food service operations. These services cater to restaurants and food businesses looking to optimize their delivery processes. The company's technology addresses the common challenges of efficiency, scalability, and operational costs, ensuring businesses can effectively meet customer demands. Zume's products have been utilized across various geographical markets, including North America and parts of Europe.Zume Inc.'s revenue model is primarily based on partnerships with food businesses that leverage their automated solutions. Revenue is generated through service agreements that enable clients to utilize their robotic systems and digital platforms for meal preparation and delivery. Businesses engage in transactions structured around operational cost savings and efficiency improvements, creating a reliable revenue stream as they integrate Zume's technologies into their operations.Zume Inc. is currently focusing on expanding its technological offerings to new markets, particularly targeting Europe and Asia by late 2024. The company plans to utilize its recent funding from the Series C round to innovate further on its automation solutions and enhance its digital platform capabilities. Following the discontinuation of Zume Pizza operations, the firm aims to refine its core services and explore new partnerships within the food industry to support this growth trajectory.

## Funding rounds

- Series C, Oct 17, 2018, $375M — SB Investment Advisers
- Series A, Nov 22, 2016, $23M — Kortschak Investments, SignalFire

## Investors

- Kortschak Investments (https://capitalatlas.ai/funds/kortschak-investments) — Series A
- SignalFire (https://capitalatlas.ai/funds/signalfire) — Series A
- SB Investment Advisers (https://capitalatlas.ai/funds/sb-investment-advisers) — Series C