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iFood company logo
Corporation
INTERNET | eCommerce / Food & Grocery
ifood.com.br

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Founded Year

2011

Stage

Series G | Alive

Total Raised

$591.86M

Valuation

$0000 

Last Raised

$500M | 3 yrs ago

About iFood

iFood is a Brazilian online food delivery platform that allows clients to place orders both online and via apps for mobile devices, available in the iOS, Android and Windows Phone operating systems.

iFood Headquarter Location

Avenida dos Autonomistas, nº 1496 Vila Yara

Osasco, 06020-902,

Brazil

Latest iFood News

Brazilian edtech aimed at IT professionals, Driven raises Seed of BRL 16 million

Aug 25, 2021

The gap between the growing demand in the market for technology professionals and the contingent of skilled labor available in Brazil – the area will demand about 420,000 professionals by 2024, but the country trains only 46,000 people a year, according to a report by the Association of Information Technology and Communication Companies (Brasscom) -, motivated the founding of Driven , an edtech startup specialized in training for the IT area. Founded only eight months ago, the startup raised a Seed round of BRL 16 million led by venture capital manager Iporanga Ventures and followed by ONEVC, FundersClub and 3G Radar funds, in addition to angel investors such as Patrick Sigrist (iFood), Sergio Furio (Creditas) and Brian Requarth (VivaReal). They joined current partners Arpex Capital (Stone), Daniel Castanho (Ânima) and Pedro Thompson (Exame). Driven argues that besides the deficit of professionals, junior programmers who recently graduated do not have the autonomy required by companies. Driven proposes to accelerate the formation of what it calls “future technology leaders” by selecting people who already have resilience and a solid background in problem-solving. The program primarily seeks university students or graduates from the exact areas in the country’s leading colleges. “We saw that by selecting people who have good logical reasoning and putting them through intensive training, we were able to develop a professional who can become a tech lead in one to two years,” says Paulo Monteiro, one of the cofounders of DriveN, together with Michel Nigri and Pedro Barros. According to Driven’s business model, called ISA (Income Share Agreement), instead of paying for the course normally, with monthly fees that can reach BRL 2,000, the Driven student only pays for the course when he is employed, with 17% of his salary until he reaches the value of the training. Also because of this, explains Monteiro, the selection process is very competitive. The first class had 20,000 applicants, of which only 140 became students, and of these, 75 have already completed the course. According to Monteiro, 100% of the graduates already hold positions as digital engineers and developers. Driven has partnerships with more than 40 companies with a strong technological base, such as iFood, Stone, Itaú, and Loggi, among others. “Regularly, executives from these companies are called for talks with the students, and often open job positions for Driven students,” says Monteiro. The Seed round will be invested in expanding the team and structuring a training program that can be scaled to more students.

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Research containing iFood

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

CB Insights Intelligence Analysts have mentioned iFood in 3 CB Insights research briefs, most recently on Jun 24, 2021.

Expert Collections containing iFood

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

iFood is included in 3 Expert Collections, including Unicorns- Billion Dollar Startups.

U

Unicorns- Billion Dollar Startups

827 items

O

On-Demand

1,283 items

F

Food & Beverage Delivery (Grocery & Meal)

1,351 items

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

iFood Patents

iFood has filed 4 patents.

The 3 most popular patent topics include:

  • Rose cultivars
  • Tires
  • Flowers
patents chart

Application Date

Grant Date

Title

Related Topics

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8/25/2015

1/7/2020

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Grant Date

1/7/2020

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Related Topics

Named minor planets, Numbered minor planets, Main-belt asteroids, Senescence, Industrial gases

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Status

Grant

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iFood Web Traffic

Rank
Page Views per User (PVPU)
Page Views per Million (PVPM)
Reach per Million (RPM)
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iFood Rank

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