Coco

Food delivery service from local restaurants

Santa Monica, California, United States

About Coco

CocoDelivery.com is a food delivery service that connects customers with local restaurants, ensuring faster, hotter, and fresher deliveries. It features a transparent pricing model with a single delivery fee, avoiding hidden costs that are common in the industry. The company also supports local restaurants by helping them reach a wider customer base, while operating with a commitment to zero emissions, appealing to environmentally conscious consumers. By charging a delivery fee shared with restaurants, CocoDelivery.com aims to maintain lower fees and generate profits through high order volume.

Santa Monica, CaliforniaHeadquarters
2020Year Founded
$40.4MTotal Funding
SERIES_ACompany Stage
Food & Agriculture, Social ImpactIndustries
501-1,000Employees

Risks

Dependency on Uber's platform may lead to loss of direct customer relationships.
Technological challenges in partnerships could delay delivery improvements.
Reliance on robotic systems may face public resistance and technological malfunctions.

Differentiation

Coco promises faster, hotter, and fresher deliveries than competitors.
The company operates with a zero-emissions model, appealing to eco-conscious consumers.
Transparent pricing with no markups or tips sets Coco apart in the delivery industry.

Upsides

Partnership with Uber Eats expands market reach and customer base.
Advancements in AI and robotics reduce operational costs and increase efficiency.
Growing demand for sustainable delivery aligns with Coco's zero-emissions promise.

Funding

Total raised$40.37 M
Latest valuation$180.00 M
StageSERIES_A
SEED
10/31/2020
$6
$27.50 M