What is Cheetah?
Cheetah operates as a pioneering restaurant supply application, dedicated to providing the most straightforward and cost-effective solution for restaurants to procure their daily operational necessities. Since commencing operations in 2015, the company has rapidly evolved into an indispensable service for thousands of eateries, supplying them with a comprehensive range of products essential for business continuity. The company's focus on simplifying procurement and optimizing costs positions it as a critical partner in the competitive food service industry.
How much funding has Cheetah raised?
Cheetah has raised a total of $141.9M across 5 funding rounds:
Series A
$29.9M
Debt
$2M
Series B
$36M
Series C
$60M
Other Financing Round
$14M
Series A (2018): $29.9M with participation from ICONIQ Capital, AltaIR Capital, Floodgate, and Hanaco Venture Capital
Debt (2020): $2M led by PPP
Series B (2020): $36M supported by Eclipse Ventures, Floodgate Fund, Hanaco, and ICONIQ Capital
Series C (2022): $60M featuring Manna Tree Partners
Other Financing Round (2024): $14M, investors not publicly disclosed
Key Investors in Cheetah
Manna Tree Partners
Manna Tree Partners is an investment company focused on improving human health and wellness through strategic investments, aiming to empower consumers and deliver strong financial returns. They invest in sectors experiencing shifts in consumer preferences related to health and wellness.
Eclipse Ventures
Eclipse Ventures is a venture capital firm that excels in developing partnerships to achieve aesthetically attractive quality projects, taking pride in accomplishing goals where others have failed.
Floodgate Fund
Floodgate Fund is a venture capital firm specializing in early-stage investments in technology companies, aiming to support extraordinary founders at the pre-seed and seed stages with a focus on pattern breakers.
What's next for Cheetah?
The recent major strategic investment signals a new phase of expansion and operational enhancement for Cheetah. With a robust funding history, including significant capital injections from prominent venture firms, the company is well-positioned to further innovate its platform, broaden its service offerings, and deepen its market penetration. Future strategic moves are likely to focus on leveraging technology to enhance supply chain efficiency, expand its customer base, and potentially explore new market verticals within the broader food service ecosystem. This sustained financial support is indicative of Cheetah's potential for continued leadership in the restaurant tech space.
See full Cheetah company page
