
Chefclub
Mobile app to access ingredient lists and easy-to-follow recipes and videos.
Date | Investors | Amount | Round |
---|---|---|---|
- | investor investor investor investor | €0.0 | round |
investor | €0.0 | round | |
investor investor investor investor investor investor investor investor | €0.0 | round | |
N/A | €0.0 | round | |
* | $17.0m | Early VC | |
Total Funding | 000k |
USD | 2019 | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|
Revenues | 0000 | 0000 | 0000 | 0000 | 0000 |
% growth | - | 10 % | 214 % | 122 % | - |
EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 |
Profit | 0000 | 0000 | 0000 | 0000 | 0000 |
EV | 0000 | 0000 | 0000 | 0000 | 0000 |
EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 |
Source: Dealroom estimates
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Chefclub operates at the intersection of culinary arts and digital entertainment, having established a significant global presence since its inception. Founded in Paris in 2016 by brothers Thomas, Jonathan, and Axel Lang, the company was born from a desire to make the kitchen a space for fun and shared experiences. The founders, who describe themselves as average cooks, aimed to create content that was accessible and engaging, a departure from traditional, often intimidating, culinary shows. This approach quickly resonated, with an early video of a simple croque-monsieur garnering hundreds of thousands of views, validating their content strategy.
The company's business model is centered around creating and distributing high-energy, visually appealing recipe videos across various social media platforms. This digital-first strategy has cultivated a massive online community, which serves as both a distribution channel and a source for product co-creation. Chefclub's revenue is diversified across multiple streams. A primary source is direct-to-consumer (DTC) sales of its own product lines, which include cookbooks and innovative kitchen gadgets, often developed with input from its online followers. The company has sold over a million products, including 800,000 books worldwide. Another significant revenue stream comes from brand partnerships, sponsorships, and product placements with major companies like Nestlé and Unilever. Further monetization occurs through video ads, licensing deals, and strategic collaborations, such as the "Chefclub by Tefal" product range launched with Groupe SEB.
Chefclub's primary offering is its vast library of video content, which is organized into various channels like "Original," "Kids," "Daily," and "Light & Fun" to cater to different segments of its audience. The company has successfully expanded its brand beyond digital content into physical products. Its publishing arm has seen substantial success, with its first book generating 30,000 pre-orders. A key product line is Chefclub Kids, which features specially designed utensils and cookbooks to engage children as young as four in the kitchen, an initiative that saw a 400% growth during pandemic lockdowns. The company has also entered the FAST (Free Ad-supported Streaming TV) market, launching channels on platforms like Pluto TV and Samsung TV Plus to broaden its reach. Since its founding, Chefclub has raised a total of $20.6 million over three funding rounds, with its latest Series B round in January 2021 bringing in $17 million.
Keywords: culinary entertainment, recipe videos, food media, direct-to-consumer, kitchenware, cookbook publishing, social media marketing, brand licensing, family cooking, kids cooking, food content, digital brand, Chefclub Kids, Groupe SEB partnership, FAST channels, food-tech, online community, cooking inspiration, accessible recipes, video content creation