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About ChowBus
Industries
Food & Agriculture
Consumer Software
Consumer Goods
Company Size
51-200
Company Stage
Late Stage VC
Total Funding
$120.2M
Headquarters
Chicago, Illinois
Founded
2016
Overview
Chowbus focuses on delivering high-quality, authentic Asian cuisine through a mobile app that allows customers to order from multiple restaurants in a single transaction without extra fees. This feature enables users to enjoy a variety of dishes in one meal, enhancing their dining experience. Chowbus carefully selects each restaurant and dish to ensure quality and authenticity, which distinguishes it from other food delivery services. The company generates revenue through delivery fees, service charges, and commissions from partner restaurants. By providing a user-friendly app and offering discounts on pickup orders, Chowbus attracts a loyal customer base that values convenience and quality. The goal of Chowbus is to empower local independent restaurants and stores by giving them a platform to reach more customers while promoting authentic Asian dining.
Simplify's Take
What believers are saying
- Chowbus raised $15.2M to expand and accelerate product development.
- Increased demand for contactless delivery aligns with Chowbus' service model.
- Chowbus can leverage AI to enhance app recommendations and customer satisfaction.
What critics are saying
- Fantuan's acquisition of Chowbus' delivery business increases competition.
- Integration with Fantuan may challenge Chowbus' service quality maintenance.
- Aggressive expansion could stretch resources, impacting service quality.
What makes ChowBus unique
- Chowbus offers multi-restaurant orders without additional fees, enhancing dining experiences.
- The company handpicks restaurants and dishes, ensuring quality and authenticity.
- Chowbus focuses on authentic Asian cuisine, setting it apart in the food delivery market.
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Funding
Total Funding
$120.2M
Above
Industry Average
Funded Over
4 Rounds
Benefits
Health Insurance
Dental Insurance
Vision Insurance
Life Insurance
Disability Insurance
Unlimited Paid Time Off
Paid Parental Leave
Hybrid Work Options
Employee Assistance Program (EAP)
401(k) Retirement Plan
401(k) Company Match
Paid Holidays
Birthday off
Short-Term Disability
Accidental Death and Dismemberment (AD&D) Insurance
Fuel reimbursement
Company News
With the acquisition comes a partnership between Fantuan and Chowbus that will meld each of their strengths with local Asian restaurants.
聚焦中国公司全球化大事、提供世界各地最新创投新闻；36氪出海致力于消除信息差，让读者将本周最值得关注的大事件尽收眼底。
Chicago, IL – According to filings with the U.S. Securities and Exchange Commission, Chowbus is raising $15,239,214.00 in new funding. Sources indicate as part of senior management Chief Executive Officer, Linxin Wen played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development. About Chowbus
Chicago-based startup Chowbus, which primarily focuses on delivering authentic Asian cuisine, has just raised $4 million funding led by Greycroft Partners and FJ Labs in early 2019.
Meanwhile, San Francisco-headquartered Oh My Green, which is dedicated to bringing healthy snacks to offices, also raised $20 million seed funding in October 2018, led by investors including Y Combinator, Initialized Capital, PowerPlant Ventures, Backed VC, ZhenFund, Talis Capital and Standford-StartX Fund.
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About ChowBus
Industries
Food & Agriculture
Consumer Software
Consumer Goods
Company Size
51-200
Company Stage
Late Stage VC
Total Funding
$120.2M
Headquarters
Chicago, Illinois
Founded
2016
ChowBus is Hiring for 0 Jobs on Simplify!
Find jobs on Simplify and start your career today