Yummy LTD
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Yummy LTD - overview
Established
2020
Location
Tallinn, -, Estonia
Primary Industry
Food
About
Based in Estonia, and founded in 2020, Yummy LTD operates as a food company that serves customers with meal kits. The company was founded by Karl Paadam and Martin Salo. In November 2022, Yummy LTD raised EUR 1. 9 million in pre-seed funding from Depo Ventures s.
r. o. , and Startup Wise Guys. The round was part of a larger EUR 3.
40 million pre-seed funding round. As of 2022, the company has 50 employees. Yummy offers recipes, meal kits, and vegetarian and non-vegetarian food products, including fish and meat. The company offers various services through its franchise, like Clean Kitchen, which is a meal-kit brand that sells recipes, and Yummy Poland, which is a mobile delivery application that provides healthy dishes to its customers.
The company generated revenue of EUR 1 million in the first half of 2022. The company plans to use the funds raised in November 2022 to expand its market in Poland, the Czech Republic, and Central and Eastern Europe.
Current Investors
Startup Wise Guys, Depo Ventures
Primary Industry
Food
Sub Industries
Courier & Delivery Services, Meat, Poultry & Seafood Products, Health Foods & Nutritional Supplements
Website
https://about.yummy.eu
Verticals
E-commerce, Mobile Apps
Company Stage
Early Stage
Total Amount Raised
Subscriber access only
Yummy LTD - timeline of key events
Yummy LTD - financials
| Fiscal Year Ended | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 | Jun 30, 2025 |
|---|---|---|---|---|---|---|
| Revenue (USD) | 54,926 | 820,591 | 1,827,540 | - | - | - |
| % Revenue Growth (YoY) | - | 1394.0% | 122.7% | - | - | - |
| EBITDA (USD) | (46,398) | (802,602) | (1,817,924) | - | - | - |
| Operating Income (USD) | (48,479) | (875,123) | (2,038,924) | - | - | - |
| Operating Margin | (88.3%) | (106.6%) | (111.6%) | - | - | - |
| % EBITDA Margin | (84.5%) | (97.8%) | (99.5%) | - | - | - |
| NET Income (USD) | (48,907) | (887,723) | (2,241,305) | - | - | - |
| % Net Margin | (89.0%) | (108.2%) | (122.6%) | - | - | - |
Yummy LTD - employee data
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