What is Qraved?
Qraved operates as the leading food app in Indonesia, specializing in connecting users with the best restaurants, particularly in Jakarta. The platform provides personalized dining recommendations and curated guides suitable for various occasions, aiming to enrich the culinary exploration for food enthusiasts. By offering fresh content and promotional updates from partner brands and malls, Qraved enhances the overall dining experience and serves as a vital resource for individuals seeking unique gastronomic adventures. The company's focus on personalized content and brand partnerships positions it as a key player in the Indonesian food tech landscape.
How much funding has Qraved raised?
Qraved has raised a total of $9.3M across 2 funding rounds:
Series A
$1.3M
Series B
$8M
Series A (2014): $1.3M with participation from M&Y Growth Partners and Convergence Ventures
Series B (2015): $8M led by M&Y Partners., Richmond Global Ventures, 500.com, Gobi Partners, and Convergence Ventures
Key Investors in Qraved
M&Y Partners.
M&Y Partners is a boutique growth solutions business offering an independent approach to business development and growth, with extensive capabilities in strategy, data analytics, digital communication, and customer acquisition.
Richmond Global Ventures
Richmond Global Ventures is an investment firm that likely focuses on providing capital and strategic guidance to companies within its portfolio, aiming to foster growth and market expansion.
Gobi Partners
Gobi Partners is a venture capital firm with a regional presence across China and ASEAN, investing in early to growth-stage startups and focusing on emerging markets.
What's next for Qraved?
The substantial enterprise-level funding Qraved has attracted, particularly the recent strategic investment, signals a strong emphasis on scaling operations and expanding its market reach. This capital infusion is likely to fuel further development of its recommendation engine, enhance user engagement features, and potentially broaden its geographical footprint within Indonesia or into adjacent markets. Strategic partnerships and content innovation will be crucial for Qraved to maintain its leadership position and capitalize on the growing digital dining trend. The company is poised for accelerated growth, leveraging its established user base and investor backing to solidify its dominance in the food discovery sector.
See full Qraved company page
