Food Rocket is a Chicago-based foodtech startup that provides the fastest grocery delivery in the US, promising door-to-door delivery within 10-15 minutes of placing an order. Its business model is based on AI-enabled technologies to manage inventory, forecast demand and optimize delivery time by predicting the closest micro fulfillment center that offers the fastest delivery time and the lowest fulfillment and delivery cost. The startup is competing with the biggest players in the market — DoorDash, GoPuff, Amazon Fresh, InstaCart.
Location: United States, Illinois, Chicago
Employees: 51-200
Total raised: $25M
Founded date: 2021
Investors 1
| Date | Name | Website |
| 20.05.2021 | AltaIR Cap... | altair.vc |
Funding Rounds 1
| Date | Series | Amount | Investors |
| 27.04.2022 | Series A | $25M | - |
Persons 16
| Date | First Name | Last Name | Title | Location | |||
| - | Anna | Ivleva | - | linkedin.c... | - | a*********... | - |
| - | Alexander | Tarasov | CTO | linkedin.c... | - | a*********... | - |
| - | Alexey | Pustotin | - | linkedin.c... | - | a*********... | - |
| - | Vika | Bulakhava | Training O... | linkedin.c... | - | v*********... | - |
| - | Murat | Bulembaev | Software E... | linkedin.c... | - | m***t@food... | - |
| - | Evgeny | Shakhmaev | Senior Pyt... | linkedin.c... | - | e*********... | - |
| - | Sadie | Wong | - | linkedin.c... | - | s********g... | - |
| - | Samantha | Sanchez, S... | Talent Acq... | linkedin.c... | - | s*********... | - |
| - | Daria | Misnik | - | linkedin.c... | - | d*********... | - |
| - | Natalya | Filonova | HR Manager | linkedin.c... | - | N*********... | - |
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Mentions in press and media 14
| Date | Title | Description |
| 07.01.2023 | Why AI-optimized workflows aren’t always best for business | Check out all the on-demand sessions from the Intelligent Security Summit here. Workflow and process inefficiencies can cost up to 40% of a company’s annual revenue. In many instances, companies seek to resolve this issue by implementing Ar... |
| 02.06.2022 | How Food Rocket Changes Buying Habits | What the company does? Food Rocket is a rapid grocery delivery startup backed by Circle K that provides fast grocery delivery within 10-15 minutes of the order’s placement. Its business model is based on AI-enabled technologies to manage w... |
| 28.04.2022 | The Week in Agrifoodtech: Middle East in the money as Foodics gets $170m, Red Sea Farms nets $19m | This week, UAE-based Foodics landed Series C funding to bolster its order management and fintech platform for restaurants. In neighboring Saudi Arabia, Red Sea Farms raised funds to expand its greenhouse tech that leverages saltwater to cul... |
| 27.04.2022 | Food Rocket Raises $25M in Series A Funding | Vitaly Alexandrov, CEO and founder, Food Rocket, a Palo Alto, CA-based grocery delivery startup, raised $25m in Series A funding. The round was led by Alimentation Couche-Tard Inc., through its Circle K Venture Fund. The company intends to ... |
| 26.04.2022 | Elon Musk is buying Twitter. Here’s what comes next | This is the web version of Term Sheet, a daily newsletter on the biggest deals and dealmakers. Sign up to get it delivered free to your inbox. Goodbye, TWTR ticker. Hello to the reign of the world’s wealthiest man, Elon Musk. While Musk tak... |
| 26.04.2022 | Food Rocket blasts off after securing funding, grocery delivery deal with Circle K parent | Many grocery delivery startups begin small, in one city, building up locations to cater to a certain neighborhood. Food Rocket has taken an unconventional route, striking a funding deal with Alimentation Couche-Tard Inc. that puts its 15-mi... |
| 26.04.2022 | Food Rocket raises $25M to deliver groceries in 15 minutes | - |
| 26.04.2022 | Food Rocket blasts off after securing funding, grocery delivery deal with Circle K parent | Many grocery delivery startups begin small, in one city, building up locations to cater to a certain neighborhood. Food Rocket has taken an unconventional route, striking a funding deal with Alimentation Couche-Tard Inc. that puts its 15-... |
| 03.02.2022 | 11 ways to make personalized shopping more effective and profitable | Vitaly Alexandrov Contributor Share on Twitter Vitaly Alexandrov is a serial entrepreneur and the founder and CEO of Food Rocket, a rapid grocery delivery service. Since customer-centric digital strategies are now the norm for successful br... |
| 17.09.2021 | How To Leverage Networking And Convert It Into A Business Model | Serial entrepreneur, best-selling book Author, Founder & CEO at Food Rocket - California’s first 10-15-minute grocery delivery service. |
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