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Frubana

B2B platform connecting suppliers to restaurants

Overview

Frubana connects rural suppliers with urban restaurants in Latin America through a digital marketplace. Restaurants gain access to a broad product portfolio and simplified procurement, while suppliers reach more buyers. The platform centralizes sourcing, ordering, payments, and delivery in one place, making the supply chain faster and more predictable for both sides. Revenue comes from service fees on transactions and product sales. Frubana differentiates itself by focusing on LATAM agriculture to dining customers, providing a scalable end-to-end platform that handles sourcing, ordering, and logistics across major cities in Mexico, Brazil, and Colombia. The company aims to expand market reach, improve efficiency in the restaurant supply chain, and support growth for both farmers and restaurants.

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About Frubana

Simplify's Rating
Why Frubana is rated
D-
Rated D+ on Competitive Edge
Rated D- on Growth Potential
Rated D- on Differentiation

Industries

Food & AgricultureData & AnalyticsEnterprise Software

Company Size

1,001-5,000

Company Stage

Series C

Total Funding

$177.1M

Headquarters

Bogotá, Colombia

Founded

2018

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Simplify's Take

What believers are saying

  • April 2024 fundraising showed investors still valued the model enough to invest.
  • Large 2023 customer base created brand recognition across foodservice procurement teams.
  • Former scale in three countries gives alumni transferable operations and marketplace expertise.

What critics are saying

  • Frubana stopped Brazil deliveries July 30, 2025, ending all active operations.
  • February 2024 market exits and underfilled May 2024 financing showed collapsing capital access.
  • No active jobs in 2026 means the company offers no ongoing employer platform.

What makes Frubana unique

  • Built a pan-LATAM restaurant procurement network across Colombia, Mexico, and Brazil by 2024.
  • Combined farm-direct sourcing, logistics, and embedded credit through Frupay for restaurants.
  • Reached 100,000 customers by late 2023, proving strong workflow adoption in kitchens.

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Funding

Total Funding

$177.1M

Above

Industry Average

Funded Over

6 Rounds

Series C funding is usually for startups that are doing well and are looking for more money to fuel major growth, such as acquiring other companies, expanding into global markets, or launching new product lines. Investors typically include larger venture capital firms and private equity.
Series C Funding Comparison
Above Average

Industry standards

$50M
$50M
$62M
$75M
$100M

Growth & Insights and Company News

Headcount

6 month growth

0%

1 year growth

-1%

2 year growth

-1%
LatinNews
Jun 2nd, 2021
Colombia’s SoftBank-backed Frubana raises $65 million to expand in Latin America

Participants in the round included Hans Tung and venture capital funds GGV Capital, Tiger Global, SoftBank, monashees, and Lightspeed Venture

Contxto
Apr 15th, 2020
Frubana slips US$25 million investment under pandemic’s nose

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