Choco
Founded Year
2018Stage
Series B - IV | AliveTotal Raised
$305.55MValuation
$0000Last Raised
$26.37M | 2 yrs agoMosaic Score The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.
+4 points in the past 30 days
About Choco
Choco provides a free ordering platform connecting restaurants and their suppliers. It offers a messenger application that allows suppliers and restaurants to communicate via text to manage order mishaps. The company was founded in 2018 and is based in Berlin, Germany.
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ESPs containing Choco
The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.
The restaurant supply ordering platforms market refers to the digital solutions that enable restaurants and foodservice businesses to order supplies and manage inventory online. These platforms streamline the procurement process, reduce errors, and improve efficiency for both buyers and suppliers. The market is expected to grow due to increasing demand for automation and digitization in the foodse…
Choco named as Challenger among 11 other companies, including Sysco, US Foods, and Pepper.
Choco's Products & Differentiators
Order Management
Easily manage all of your incoming orders
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Research containing Choco
Get data-driven expert analysis from the CB Insights Intelligence Unit.
CB Insights Intelligence Analysts have mentioned Choco in 2 CB Insights research briefs, most recently on Sep 6, 2022.
Expert Collections containing Choco
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Choco is included in 3 Expert Collections, including Restaurant Tech.
Restaurant Tech
1,285 items
Hardware and software for restaurant management, bookings, staffing, mobile restaurant payments, inventory management, cloud kitchens, and more. On-demand food delivery services are excluded from this collection.
Unicorns- Billion Dollar Startups
1,244 items
Food Waste
264 items
Startups that help tackle food waste along the food value chain. Includes solutions that help resell or repurpose food waste.
Latest Choco News
Sep 18, 2024
AZPNBL Supports a Secure Future for Creamline and Choco Mucho Volley Teams As volleyball grows in popularity as a pro sport in the Philippines, it is important that the players and their coaches are protected with the right insurance plan that fits their active lifestyles. Allianz PNB Life (AZPNBL) helps to secure the future of the Creamline Cool Smashers and Choco Mucho Flying Titans with its eAZy Health coverage package. The eAZy Health insurance plan is the perfect policy for the teams because it can cover most of their potential health issues as professional athletes. It provides life insurance coverage with protection against critical illness, accidents, and disability. It is well-suited for their age group and profession, and it also offers access to AZPNBL Healthbox benefits. Healthbox is a one-stop-shop easy access to AZPNBL’s health, lifestyle, and wellness partners nationwide. Its benefits include medical consultations from the comfort of your home, health tests and preventive services for wellness, along with resources and services that offer support for a healthier lifestyle. AZPNBL President and CEO Joe Gross says, “The Allianz commitment to supporting athletes has a long-term point of view, not only while they are still playing professionally, but also helping them secure their future when they retire as professional athletes. This plan was specifically chosen for the Creamline Cool Smashers and Choco Mucho Flying Titans because it assures them that health issues that may arise from their profession are covered, and at the same time they have life protection.” The eAZy Health package is designed to be easy to understand even for beginners in financial planning. eAZy Health is also the first plan in the Philippines that can cover health conditions such as cancer, heart attack, stroke, and CABG (coronary artery bypass graft). What’s more is plan holders can get up to 30% cash back of the total premiums if no claims are made after five (5) years. The support for the teams is also through the dedicated Life Changer who will help them throughout their financial well-being journey. Life Changers are Allianz financial advisors committed to helping clients secure their future by guiding them through their wealth accumulation and management, and well-being aspirations. Alandel Acero, Creamline Cool Smashers team manager, shares, “We are grateful for the generous contribution of Allianz PNB Life for the players and coaches, given that volleyball is physically demanding for the players and can be stressful to the coaching team. Through this partnership, coaches and players can now focus on what matters to them– developing the athletes and playing at their best. This gift is a proof that Allianz PNB Life believes in the athletes, supports sportsmanship and is true to their dedication to the partnership with Rebisco.” This is a very beneficial partnership, adds Rollie Delfino, Choco Mucho Flying Titans team manager, as he says approximately 90% of their team members have become financially mature and are investing in their future as a result. “All of them need to think about their future from an early stage. Just like how they prioritize their learning and their love for volleyball as individuals, it’s also important for them to take their future and financial stability seriously. It’s not just about the benefits that Allianz generously provides, but also about the wealth of knowledge in financial products that they share with the team to ensure a secure future.” Delfino further says, “The team is privileged to be an Allianz partner, entrusted with the financial well-being of their players. Allianz is truly passionate about securing the future of athletes like Choco Mucho and Creamline. Now is the perfect time for them to start building their financial future. Their partnership with Allianz is an important journey towards financial stability.” Confidence in Tomorrow The pro volleyball players say that the partnership between their teams and AZPNBL is game-changing. Creamline starter Michelle Gumabao gets candid about the protection and peace of mind that the AZPNBL eAZy Health package offers. “The very basic insurance plans don’t cover a lot of things. Now we have coverage that goes as far as death and critical illness. We can rest easier now because we have these kinds of benefits. I have been in the pro league for 11 years already, and no matter how careful we are, we don’t know what will happen in the future. It is reassuring that we are covered no matter what happens. I can play more confidently because we have a guarantee that we will be protected and there is help in case of an accident or injury.” Fellow volleyball star and Choco Mucho Team Captain, Maddie Madayag agrees, saying, “Life happens, and through all these things, you never know what can come and how much it’s going to cost you. In a snap you may be facing a health issue. It is very reassuring to have this kind of protection. I’m grateful that Allianz PNB Life introduced us to insurance.” Creamline star Bea De Leon adds, “It’s very reassuring to have this kind of coverage because you know you won’t be a burden to your family. As athletes, it is important that we live our lives thinking of our health, so I am thankful to Allianz PNB Life for the eAZy Health coverage, it allows us to continue doing what we love to do, with less worries. Knowing that you will be protected even as things might change in the future gives you peace of mind.” Like the volleyball stars of Creamline and Choco Mucho, start securing your worry-free future with eAZy Health.
Choco Frequently Asked Questions (FAQ)
When was Choco founded?
Choco was founded in 2018.
Where is Choco's headquarters?
Choco's headquarters is located at Hasenheide 54, Berlin.
What is Choco's latest funding round?
Choco's latest funding round is Series B - IV.
How much did Choco raise?
Choco raised a total of $305.55M.
Who are the investors of Choco?
Investors of Choco include Bessemer Venture Partners, Insight Partners, Coatue, G Squared, Left Lane Capital and 14 more.
Who are Choco's competitors?
Competitors of Choco include Pepper, Orderlion, Soplaya, Deliveristo, Kaso and 7 more.
What products does Choco offer?
Choco's products include Order Management and 4 more.
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Compare Choco to Competitors
Rekki is an ordering app for easy, trackable and reliable communication between restaurants and suppliers. It was founded in 2016 and is based in London, United Kingdom.
Orderlion is an online ordering platform tailored for suppliers in the hospitality industry. The platform offers a seamless ordering experience for customers, integrating directly with suppliers' ERP systems to automate order processing, reduce errors, and enhance customer loyalty. Orderlion primarily serves the food and beverage supply sector within the hospitality industry. It was founded in 2017 and is based in Vienna, Austria.
OrderIt is a company that focuses on revolutionizing the Food & Beverage sector. It provides a streamlined ordering process that efficiently connects venues and suppliers, eliminating the need for traditional methods such as fax, voicemails, and paper orders. The company primarily serves the Food & Beverage industry. It was founded in 2020 and is based in Athens, Greece.
Supy offers order processing software solutions. It streamlines the ordering process between restaurants and suppliers. Its software helps restaurants improve profit margins by providing them with insights into their purchasing trends at both an ingredient level and a supplier level. It was founded in 2021 and is based in Dubai, United Arab Emirates.
Kaso develops a platform connecting food businesses with suppliers to ease the procurement process and the interaction between restaurants and their suppliers. Its application enables restaurants to find new suppliers and helps the suppliers track orders and manage their catalogs. The company was formerly known as Elkaso. It was founded in 2021 and is based in Dubai, United Arab Emirates.
Viso.ai operates in the computer vision and artificial intelligence industry. The company offers a no-code platform, Viso Suite, that enables the development, deployment, and operation of computer vision applications. Its applications are used to automate and enhance processes by interpreting and understanding visual data. It was founded in 2017 and is based in Schaffhausen, Switzerland.
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