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 | Deal News |
| 27.04.2022 | Series A | $25M | - | finsmes.co... |
Mentions in press and media 13
| Date | Title | Description | Source |
| 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 proces... | venturebea... |
| 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 prov... | startuptof... |
| 28.04.2022 | The Week in Agrifoodtech: Middle East in the money as Foodic... | This week, UAE-based Foodics landed Series C funding to bolster its order management and fintech pla... | agfunderne... |
| 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, ra... | finsmes.co... |
| 26.04.2022 | Food Rocket blasts off after securing funding, grocery deliv... | Many grocery delivery startups begin small, in one city, building up locations to cater to a certa... | altair.vc/... |
| 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 ... | fortune.co... |
| 26.04.2022 | Food Rocket raises $25M to deliver groceries in 15 minutes | - | bizjournal... |
| 26.04.2022 | Food Rocket blasts off after securing funding, grocery deliv... | Many grocery delivery startups begin small, in one city, building up locations to cater to a certain... | techcrunch... |
| 03.02.2022 | 11 ways to make personalized shopping more effective and pro... | Vitaly Alexandrov Contributor Share on Twitter Vitaly Alexandrov is a serial entrepreneur and the ... | techcrunch... |
| 17.09.2021 | How To Leverage Networking And Convert It Into A Business Mo... | Serial entrepreneur, best-selling book Author, Founder & CEO at Food Rocket - California’s first... | forbes.com... |
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