Startup · $5.9m raised
Sydney, NSW
Every investor coverage indicates participated in a round Foodbomb raised.
| Investor | Rounds | Invested |
|---|---|---|
| Athletic Ventures | Series A | - |
| Aura Ventures | Series A | - |
| EVP | Series A · Unnamed stage | - |
| Platform Advisory | Series A | - |
| Tahmedia | Series A | - |
| Tony Gandel’s family investment vehicle | Series A | - |
Investors whose own portfolio pages list Foodbomb, even though we haven't found any coverage of the round yet.
| Investor | Listed on |
|---|---|
| Gandel Invest | its portfolio page ↗ |
| Utiliti Group | its portfolio page ↗ |
The transaction that ended Foodbomb's run as a startup, per published coverage. It closes the funding history too, where it is the ladder's last rung.
| Bought by | Kind | Announced | Price | Sources |
|---|---|---|---|---|
| Ordermentum | Acquisition | 20 Sep 2023 | - | Startup Daily, SmartCompany, Forbes Australia |
Companies Foodbomb acquired or merged with, per published coverage. Buying a company is not investing in one: nothing here counts in the deals column.
| Name | Role | Sources |
|---|---|---|
| Josh Goulburn | Chief Operating Officer | SmartCompany |
| Justin Lipman | Board Member | SmartCompany |
| Paul Tory | Chief | SmartCompany |
| Ryan Nelson | Founder | Startup Daily, TechCrunch Venture |
Stories naming Foodbomb. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Sydney food-and-beverage ordering platform Ordermentum raised $55 million led by Five V Capital, valuing it above $150 million, with some early investors partially exiting.
Sydney-based hospitality software company Ordermentum has banked $55m in a Five V Capital deal valuing it above $150m, letting earlier backers sell down; the piece revisits its Foodbomb merger and the investor's other deals.
Roundup of three trans-Tasman raises: Ordermentum landed $55m from Five V Capital, defence-tech firm Arkeus closed $25m, and music platform Lume gathered NZ$1.3m from well-known backers before its launch.
Also Startup Daily
Sydney startup Refilled has raised a A$1.3 million seed round, with Melt Ventures leading and Envato's Ta'eed brothers among backers, to scale refill stations that cut single-use plastic; Google is already a customer.
Hospitality tech firm Ordermentum bought marketplace Foodbomb and closed a $16m round with existing and new backers, valuing the combined group above $100m.
Ignition Lane's weekly roundup covers Linktree's unicorn raise, several Australian funding rounds, Tiger and Insight's new mega-funds, falling SaaS valuations, the ACCC's action against Meta, and new accelerator and product launches.
Two hospitality tech startups, Mobi and Muso, have raised venture funding as venues digitise after lockdowns; the piece also recalls recent raises by Ordermentum, Barcats and Foodbomb in the same sector.
Also Startup Daily
Produce marketplace Foodbomb has raised a A$4.5 million Series A from EVP, Athletic Ventures, Aura Ventures, Tahmedia and Platform Advisory Partners, funding expansion into Brisbane and a doubling of staff.
Also SmartCompany·SmartCompany
Sydney food marketplace Foodbomb has raised $1.4 million from early-stage VC firm EVP, which joins the board, after twelve months of month-on-month growth and an earlier friends and family backing.