Company is active
Event Year: 2022
Company is active
Event Year: 2022
Heyfood is developing a food delivery service modeled after DoorDash, but specifically tailored for the African market. Unlike the North American counterpart, Heyfood aims to achieve profitability on each delivery from its inception. The company is focusing on urban Millennials and Gen Z professionals across the top 70 cities in Africa. With projections estimating 140 million individuals in this demographic within the next decade, and assuming an average order frequency of once per week, Heyfood anticipates tapping into a substantial $51 billion market.
Heyfood is developing a food delivery service modeled after DoorDash, but specifically tailored for the African market. Unlike the North American counterpart, Heyfood aims to achieve profitability on each delivery from its inception. The company is focusing on urban Millennials and Gen Z professionals across the top 70 cities in Africa. With projections estimating 140 million individuals in this demographic within the next decade, and assuming an average order frequency of once per week, Heyfood anticipates tapping into a substantial $51 billion market.
Total Raised: Unknown (Y Combinator backed)
Last Round: Winter 2022
Total Raised: Unknown (Y Combinator backed)
Last Round: Winter 2022
Consumer
Consumer
Consumer -> Food and Beverage
Consumer -> Food and Beverage
Team size: 40
Hiring: No
Team size: 40
Hiring: No
