ApetEat
Have updates for this profile? Please contribute data
= Subscriber Access Only
You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.
With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.
ApetEat - overview
Established
2015
Location
Madrid, -, Spain
Primary Industry
Internet
About
ApetEat is a meal delivery service that specializes in healthy, sustainable, and locally sourced food, tailored for both businesses and individuals seeking nutritious meal options. Founded in 2015 in Madrid, Spain, ApetEat provides a meal delivery service focused on healthy choices. The company, co-founded by David Rebull, Delfina Llamazares, and Pablo Dezcallar, has raised EUR 1 million in funding as of October 2019, with investors including Acurio Ventures and Big Sur Ventures. ApetEat has completed a total of 5 deals, with its most recent funding round contributing to its growth strategy.
ApetEat specializes in providing a comprehensive meal delivery service that focuses on healthy, sustainable, and locally sourced food options. Their diverse menu, curated by chefs and nutritionists, features 100% natural ingredients free from additives, catering to the needs of modern workplaces and individual consumers in urban areas, primarily in Madrid and Barcelona. In 2023, ApetEat reported a revenue of EUR 1,790,539. 40, while also documenting an EBITDA of EUR -200,867.
80 for the same period. The company operates under a model that allows customers to place orders without minimum requirements, offering varied delivery options for both office and home settings. ApetEat plans to utilize the EUR 1 million raised in October 2019 to enhance its product offerings and expand its market reach. The company is currently designing new meal options to be launched in 2024 and aims to penetrate additional urban markets in Spain by mid-2025.
This strategic growth is aimed at further enhancing their service delivery and expanding their customer base.
Current Investors
Empresa Nacional de Innovacion, Big Sur Ventures, Acurio Ventures
Primary Industry
Internet
Sub Industries
Food & Beverage Distribution, Web Applications
Website
www.apeteat.es
Verticals
E-commerce, Mobile Apps
Company Stage
Angel & Seed
Total Amount Raised
Subscriber access only
ApetEat - financials
| Fiscal Year Ended | Dec 31, 2015 | Dec 31, 2016 | Dec 31, 2017 | Dec 31, 2018 | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | - | 37,723.9 | 221,675 | 815,263.4 | 1,211,568.9 | 800,397.9 | - | - | - |
| % Revenue Growth (YoY) | - | - | 487.6% | 267.8% | 48.6% | (33.9%) | - | - | - |
| EBITDA (USD) | (26.5) | (123,713.6) | (150,536.8) | (279,545.2) | (404,945.6) | (540,565.8) | - | - | - |
| Operating Income (USD) | (26.5) | (126,746.2) | (175,279.6) | (305,771.6) | (495,359.2) | (695,440.9) | - | - | - |
| Operating Margin | - | (336.0%) | (79.1%) | (37.5%) | (40.9%) | (86.9%) | - | - | - |
| % EBITDA Margin | - | (327.9%) | (67.9%) | (34.3%) | (33.4%) | (67.5%) | - | - | - |
| NET Income (USD) | (22.5) | (112,905.6) | (158,561.8) | (253,643.8) | (405,982.6) | (692,418.7) | - | - | - |
| % Net Margin | - | (299.3%) | (71.5%) | (31.1%) | (33.5%) | (86.5%) | - | - | - |
ApetEat - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Unspecified Round | Completed | ApetEat | - | ||||||||
| Unspecified Round | Completed | ApetEat | - | ||||||||
| Unspecified Round | Completed | ApetEat | - | ||||||||
| Venture Debt | Completed | ApetEat | - | ||||||||
| Seed | Completed | ApetEat | - |
Displaying 1 - 5 of 5
Time to go Pro
Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.