Freshly Acquisition, Valuation, Funding & Investors

ezCater is a Boston-headquartered online marketplace connecting users with local caterers for food orders. Founded in 2007, the platform facilitates group meals and events through ezcater.com, partnering with thousands of vendors nationwide.

Ninja is an Abu Dhabi-based quick commerce operator delivering groceries and daily essentials within 10 minutes. Launched in UAE, it operates dark stores in major cities and expands through hyperlocal fulfillment networks.

OPay is a Lagos-headquartered mobile money platform operating in Nigeria and Egypt. The app facilitates peer-to-peer transfers, bill payments, ride-hailing, and grocery delivery backed by Opera Software. OPay issues virtual debit cards and offers microloans through its wallet, integrated with POS terminals nationwide. The service powers merchant QR payments and airtime top-ups for underserved populations.

GoTo is an Indonesian ecosystem that combines ride-hailing, delivery, and financial services under one app. The company operates primarily in Indonesia and is the product of a merger between Gojek and Tokopedia in May 2021, but recently divested the e-commerce business into a combined entity with TikTok Indonesia in 2024. Looking ahead, we expect the on-demand service to account for the majority of revenue while its financial services begin to ramp. Prior to the deconsolidation, 82% of nonfinancial services gross transactional value came from e-commerce, and the firm will begin to expand into financial services such as providing loans and buy now, pay later programs. The company competes with Grab in the ride-hailing and delivery business.

Talabat Holding PLC is engaged in the on-demand online food ordering, delivery, takeaway and groceries and convenience retail marketplace in the MENA region, with operations in the UAE, Kuwait, Qatar, Bahrain, Egypt, Oman, Jordan, and Iraq.

Swiggy Ltd is a consumer-first technology company offering users an easy to use convenience platform, accessible through a unified app to browse, select, order and pay for food (Food Delivery), grocery and household items (Instamart), and have their orders delivered to their doorstep through on-demand delivery partner network. Its platform can be used to make restaurant reservations (Dineout) and for events bookings (SteppinOut). It has five business segments: Food Delivery, Out of home consumption, Quick commerce. Supply chain and distribution and Platform Innovations. Key revenue is generated from Food delivery business that offer on demand Food Delivery services through a network of restaurant partners and delivery partners, which is available through mobile application and or website.

Maplebear (Instacart) is a grocery-focused delivery marketplace that connects national and regional grocers with consumers and couriers, and consumers with their favorite stores. Its app provides on-demand convenience for consumers, allows couriers to earn income, and helps grocers to scale their business through digital channels. The marketplace gathers valuable consumer behavior data, attracting consumer-packaged-goods advertisers that seek to reach consumers at the point of purchase. With approximately 600,000 shoppers and 1,800 retail partners, Instacart delivers to about 98% of households in the United States and Canada.

Founded in 2012, Grab provides ride-sharing services, food and grocery delivery, and financial services (payments, consumer loans, and enterprise offerings) in eight Southeast-Asian countries through its mobile platform. The company partners with merchants and riders, connecting them with consumers while charging commission to both sides. Grab has a leading market share in and derives 89% of its revenue from its core businesses, ride-sharing and food delivery. Singapore, Indonesia, and Malaysia contributed more than 70% of revenue in 2024. Grab’s main competitors in Southeast Asia are Line Man and Goto. Its financial services business is still in its nascent stage and provides minimal revenue currently. The company now also generates advertising revenue.

Founded in 2011, Delivery Hero is an online delivery demand aggregator. The company is headquartered in Germany and operates in over 70 countries across Latin America, Asia, Europe, the Middle East, and Africa. Delivery Hero creates a marketplace for merchants to establish an online presence, market their offerings, and meet demand through delivery. Nearly half of Delivery Hero’s revenue is commission fees from merchants. Through its applications, which vary by region, customers can order meals, grocery items, pharmacy products, and retail goods. In addition, Delivery Hero operates Dmarts.

ACV Auctions Inc operates a mobile platform for wholesale car auctions. It provides a digital marketplace for wholesale vehicle transactions and data services that offer transparent and accurate vehicle information for customers. Additionally, the company's marketplace platform is supported by remarketing centers in various locations throughout the United States.

Spinny is a Gurgaon-headquartered used car platform in India executing end-to-end transactions with 360-degree inspections and fixed pricing. Founded in 2015, it operates 74 experience centers in 19 cities including Bangalore, Delhi, and Mumbai, selling over 100,000 vehicles annually. The full-stack model covers sourcing, refurbishing via Spinny Assured program, financing partnerships with HDFC and Axis Bank, and home delivery within 60 minutes.

Zocdoc is a New York-headquartered technology marketplace that connects patients with healthcare providers for seamless appointment booking. Founded in 2007, the platform streamlines the patient experience through an online directory of verified doctors across specialties.

Outdoorsy is an Austin-headquartered peer-to-peer marketplace for RV rentals in the United States and Canada. It lists over 100,000 vehicles including Class A motorhomes, travel trailers, and camper vans from owners in Florida, California, and Texas. The platform handles insurance, 24/7 roadside assistance, and payment processing for trips to parks like Grand Canyon and Banff.

Carsome is a Petaling Jaya-headquartered digital marketplace for used cars in Southeast Asia. Established in 2015, it streamlines vehicle sales for individuals and businesses via an online portal that handles inspections, valuations, dealer bidding, payments, and logistics. The platform operates in Malaysia, Indonesia, Thailand, the Philippines, and Singapore, connecting sellers directly with verified dealers. Carsome manages the full transaction process, ensuring transparency and efficiency in the region's growing pre-owned vehicle market.

Vestiaire Collective is a Paris-headquartered marketplace for authenticated pre-owned luxury fashion. Founded in 2009, it connects 7.5 million members across 50 countries via vestiairecollective.com, listing 140,000 items weekly from brands like Chanel, Gucci, and Rolex. The platform employs 110 independent experts for authentication in hubs including London, New York, and Milan, guaranteeing 98 percent item approval. Vestiaire Collective extends to resale services with brands like Gucci and promotes circularity through take-back programs, operating warehouses in Roubaix and Secaucus.

GO Inc is a mobility-tech company, focused on taxi and transportation services through a digital platform. Its business activities include the provision of dispatch systems for taxi operators, taxi-hailing applications, and other mobility-related services.

Roofstock is an online marketplace specializing in single-family rental homes available for purchase as turnkey investments across 50 U.S. markets including Atlanta, Phoenix, and Memphis. The Oakland-headquartered platform, founded in 2015, offers independently inspected properties with existing leases, property management options, and detailed analytics on cash flow, cap rates, and market rents. Investors access over 1,000 listings valued from $100,000 to $500,000, backed by title insurance and 3D tours. Roofstock facilitates transactions totaling billions in volume, serving individual and institutional buyers seeking passive income streams.

Neutron Holdings Inc is a micromobility company that provides rentals of shared electric scooters (e-scooters) and electric bicycles (e-bikes) through its platform (the Rider App) to be used for short distances in various cities and municipalities around the world.