83
23
Growth Score 83 in past quarter
-3 pts
Heat Score 23 in past quarter
-10 pts
Company Performance Metrics
Score
Trend
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Growth Score - The measure of growth based on company activity, operational metrics, and investments
Growth Trend - The change in the growth score over the given time period
Heat Score - The measure of the market interest, media activity, and Crunchbase profile activity
Heat Trend - The change in the heat score over the given time period
Recent Milestones
Raised Funding Round
Jan 1, 1970
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Raised Funding Round
Jan 1, 1970
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1881490
AI-based food ordering and delivery marketplace
- Mahfuza Farooque: Research Scientist in Machine Learning
- Ahmad Iftekhar: CTO
About the Company
Foosto is like Airbnb for Home Chefs with a simple concept: home chefs would sign onto our marketplace and put a menu forward; customers would order food, pay, and get it delivered. The core limitations in a business model based on a simple online marketplace of home-made food hampers the company from establishing itself and growing constantly.
Hence these conventional business models have often started with an enormous opportunity but could not become another giant business like Airbnb or Uber targeting mass people. With a comprehensive investigation followed by identification of the limitations, we have introduced an AI-based solution using deep learning technology in Foosto to overcome them completely