YFood offers complete food solutions in the form of ready-to-drink meals, bars and powdered shakes formulated to contain all essential micro- and macronutrients. The company sells its products online and through retail channels. It currently serves over 200,000 online customers, is available at more than 13,000 retail outlets and has over 70 employees. YFood is generating multi-million euros in revenue per month and is profitable in Germany, Austria and Switzerland. The company has launched in the UK and intends to use new funding to increase its presence across key European markets. YFood was co-founded by Ben Kremer and Noël Bollmann and is based in Munich, Germany. YFood Labs develops a ready-to-drink meal beverage positioned as an alternative to junk food for busy consumers. The company was founded in 2017 by Noël Bollmann and Benjamin Kremer. YFood reports selling over 2 million bottles to thousands of customers across more than 25 countries, through its online channel and over 6,000 physical points of sale. The product is distributed both online and via extensive retail placement. Management plans to use new funding to expand operations and increase business reach in Germany, Austria and Switzerland. The article does not disclose revenue or other financial metrics beyond unit sales and distribution reach.

Total raised

$21M

Funding rounds

2

Latest round

Series B

Latest activity

Apr 2020