ChowBus

ChowBus

Food delivery service for authentic Asian cuisine

About ChowBus

Simplify's Rating
Why ChowBus is rated
B+
Rated B on Competitive Edge
Rated B on Growth Potential
Rated A on Differentiation

Industries

Food & Agriculture

Consumer Software

Consumer Goods

Company Size

51-200

Company Stage

Late Stage VC

Total Funding

$123.6M

Headquarters

Chicago, Illinois

Founded

2016

Overview

ChowBus specializes in 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 operates in major cities like San Francisco, Los Angeles, Atlanta, and Ann Arbor, catering to food enthusiasts and busy professionals. ChowBus generates revenue through delivery fees, service charges, and commissions from partner restaurants, while also offering discounts for pickup orders to attract customers. The goal of ChowBus is to empower local independent restaurants and provide a unique, high-quality dining experience for its users.

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Simplify's Take

What believers are saying

  • Chowbus raised $33M in Series A funding, supporting growth and expansion plans.
  • Increased demand for contactless delivery boosts Chowbus' app usage and customer base.
  • AI integration in apps enhances user engagement, benefiting Chowbus' personalized recommendations.

What critics are saying

  • Fantuan's acquisition of Chowbus' delivery business may lead to market share loss.
  • Partnership with Fantuan could dilute Chowbus' brand identity and market positioning.
  • Recent funding may not cover aggressive expansion, risking financial strain.

What makes ChowBus unique

  • Chowbus offers multi-restaurant orders without additional fees, enhancing user dining experience.
  • The company handpicks restaurants and dishes, ensuring quality and authenticity in offerings.
  • Chowbus focuses on authentic Asian cuisine, setting it apart in the food delivery market.

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Funding

Total Funding

$123.5M

Above

Industry Average

Funded Over

4 Rounds

Late VC funding comparison data is currently unavailable. We're working to provide this information soon!
Late VC Funding Comparison
Coming Soon

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

TechCrunch
Jan 24th, 2024
Fantuan acquires Chowbus’ food delivery business | TechCrunch

With the acquisition comes a partnership between Fantuan and Chowbus that will meld each of their strengths with local Asian restaurants.

36Kr
Aug 13th, 2023
中国公司全球化周报|字节跳动2022年海外收入160亿美元,增长达1.5倍;上半年中国汽车出口再超日本,稳坐世界第一-36氪

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。

Intelligence360
Aug 3rd, 2022
Chicago Illinois Based Chowbus Is Raising $15,239,214.00 In New Equity Investment.

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

Forbes
Apr 5th, 2022
Greycroft Partners invested into Chowbus in $4M on Apr 5th 22'.

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.

Forbes
Feb 9th, 2022
Talis Capital Limited invested into Oh My Green! in $20M on Oct 1st 18'.

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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