Takeoff Tech
Save time and money on your needs, so you can focus on your wants.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor investor investor investor investor investor investor investor | €0.0 | round |
| investor | €0.0 | round | |
| investor | €0.0 | round | |
| investor | €0.0 | round | |
| investor | €0.0 | round | |
| investor | €0.0 | round | |
* | $3.5m Valuation: $125m | Late VC | |
| Total Funding | 000k | ||
| USD | 2018 | 2019 | 2023 |
|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 |
| % growth | - | 127 % | - |
| EBITDA | 0000 | 0000 | 0000 |
| Profit | 0000 | 0000 | 0000 |
| EV | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 |
Source: Dealroom estimates
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Takeoff Technologies operates in the digital food and wellness ecosystem, providing automated grocery fulfillment solutions. The company serves grocery retailers looking to optimize their eGrocery operations. Takeoff Technologies' core product is a microfulfillment solution that uses advanced robotics to pick orders quickly and efficiently. This technology allows grocery stores to place fulfillment centers in strategic locations, reducing last mile delivery costs and improving overall profitability. Customers place orders through an app, which is integrated with the store's inventory system, ensuring a seamless shopping experience. The business model revolves around selling and maintaining these automated systems, as well as providing ongoing support and software updates. Revenue is generated through the sale of the fulfillment systems, subscription fees for software services, and maintenance contracts.
Keywords: automated fulfillment, eGrocery, microfulfillment, robotics, last mile delivery, inventory management, grocery retailers, digital food ecosystem, hyperlocal picking, cost reduction.