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Founded Year

2021

Stage

Series A | Alive

Total Raised

$33.02M

Last Raised

$26.5M | 2 yrs ago

About Favo

Favo operates as a fulfillment platform. It leverages neighborhood-based deliverers for last-mile distribution of groceries. The company was founded in 2021 and is based in Sao Paulo, Brazil.

Headquarters Location

Rua Cristiano Viana, 517 sala 6A

Sao Paulo, 05411-000,

Brazil

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Research containing Favo

Get data-driven expert analysis from the CB Insights Intelligence Unit.

CB Insights Intelligence Analysts have mentioned Favo in 3 CB Insights research briefs, most recently on Dec 6, 2021.

Expert Collections containing Favo

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Favo is included in 2 Expert Collections, including Supply Chain & Logistics Tech.

S

Supply Chain & Logistics Tech

3,838 items

Companies offering technology-driven solutions that serve the supply chain & logistics space (e.g. shipping, inventory mgmt, last mile, trucking).

F

Food & Meal Delivery

1,523 items

Startups and tech companies offering online grocery, food, beverage, and meal delivery services.

Latest Favo News

ORIGIN ENERGY PROXY VOTES WERE 31.07% AGAINST AND 66.97% IN FAVO…

Dec 4, 2023

(marketscreener.com) ORIGIN ENERGY PROXY VOTES WERE 31.07% AGAINST AND 66.97% IN FAVOUR https://www.marketscreener.com/news/latest/ORIGIN-ENERGY-PROXY-VOTES-WERE-31-07-AGAINST-AND-66-97-IN-FAVO-8230--45490743/?utm_medium=RSS&utm_content=20231203

Favo Frequently Asked Questions (FAQ)

  • When was Favo founded?

    Favo was founded in 2021.

  • Where is Favo's headquarters?

    Favo's headquarters is located at Rua Cristiano Viana, 517, Sao Paulo.

  • What is Favo's latest funding round?

    Favo's latest funding round is Series A.

  • How much did Favo raise?

    Favo raised a total of $33.02M.

  • Who are the investors of Favo?

    Investors of Favo include Elevar Equity, Global Founders Capital, FJ Labs, Alicorp, David Velez and 6 more.

  • Who are Favo's competitors?

    Competitors of Favo include Jokr and 5 more.

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Compare Favo to Competitors

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J
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Merqueo

Merqueo provides a digital shopping platform for grocery items. Its catalog encompasses multiple products including fresh fruits and vegetables, imported products, liquors, household items, personal care goods, and more. It was founded in 2017 and is based in Bogota, Colombia.

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Gopuff

Gopuff operates an instant commerce delivery platform for foods and beverages. The company also provides an application that allows customers to choose from the products such as alcohol delivery service, over-the-counter medications, groceries, snacks, drinks, and more. It was founded in 2013 and is based in Philadelphia, Pennsylvania.

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Instacart

Instacart (NASDAQ: CART) provides online food delivery services. It offers a platform allowing users to order grocery products, meat products, alcoholic beverages, and more. It also provides coupons and gift cards. The company was founded in 2012 and is based in San Francisco, California.

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