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Chowdeck

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On-demand platform connecting consumers with restaurants, grocers, and pharmacies

Lagos, NigeriaFounded 2021eCommerce & Marketplaces
Valuation $50–100M Last recorded · 2025
Revenue $1–10M Latest reported FY
Headcount 100–500 Current team size
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Chowdeck and the history behind them.

About Chowdeck

Chowdeck is a technology-powered, on-demand delivery platform focused on connecting consumers with restaurants, grocery stores, and pharmacies in Africa. Founded in October 2021 by Femi Aluko (CEO), Olumide Ojo (CTO), and Lanre Yusuf (COO), the company emerged from Aluko's personal experience with the difficulty of food delivery during a COVID-19 lockdown. The founding team possesses a strong technical background, with both Aluko and Ojo having served as principal engineers at African fintech company Paystack, and Yusuf as an engineering lead at Crown Interactive.

The company operates a three-sided marketplace connecting customers, vendors, and delivery riders through a mobile app available on Android and iOS. Chowdeck's core service is food delivery, but it has expanded into delivering groceries and medicine, aiming to become a leading super app in Africa. The platform is designed to provide a seamless ordering process with real-time tracking and an average delivery time of 30 minutes. For its restaurant and retail partners, Chowdeck offers logistics, inventory management, payment processing, and real-time performance analytics. The business model includes commission fees, delivery fees, service charges, and surge pricing. In 2024, the company also introduced a subscription service, Chowpass, which provides benefits like free delivery on certain orders.

Headquartered in Lagos, Nigeria, Chowdeck has rapidly expanded its operations across major Nigerian cities and into Accra, Ghana. The company has demonstrated significant growth, serving over 1.5 million customers with a network of over 20,000 riders by mid-2025. Chowdeck has secured substantial funding, including a $2.5 million seed round in April 2024 and a $9 million Series A round in August 2025, led by Novastar Ventures and with participation from Y Combinator. As part of its growth strategy, Chowdeck is implementing a quick commerce model, establishing dark stores to facilitate even faster deliveries of groceries and essentials, and acquired Mira, a POS company, to enhance operational efficiency for its vendors.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2021
Headquarters
Lagos, Nigeria
Employees
244
Open positions
11
Dealroom signal
92.5/100
Industry
Food
Sub-industry
Food Logistics & Delivery
Sector
eCommerce & Marketplaces, Groceries, Logistics Platform, Food Delivery, YC S22
Technology
Mobile app
Business model
Marketplace & ecommerce
Client focus
b2c
Investment activity
1 company, latest Jun 2025
Capital deployed
—
Preferred round
ACQUISITION

Funding history

4 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES A✓Equity / VC Aug 2025 $9M $36M Rebel Fund · Kaleo Ventures · Y Combinator · GFR Fund ↗
SEED✓Equity / VC Apr 2024 $2.5M $10M Y Combinator · Juan Pablo Ortega · Levare Ventures · Shola Akinlade ↗
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Financials

Revenue over time

Revenue, earnings and other financial measures where available. Years marked “E” are estimates.

YearRevenueGrowth
2026
2025
2024
2023 —
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Growth signals

Chowdeck website traffic

Latest recorded traffic for Chowdeck is 310K monthly website visits, up 29.2% over the last three months. Chowdeck's team grew 27.7% over the past year.

Latest monthly visits310K 3-month web change+29.2% 1-year team growth+27.7%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Similar companies

Closest operating peers by Dealroom taxonomy

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Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

23 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed14 investors entered at this stage

  • Y Combinator
  • Goodwater Capital
  • Unpopular Ventures
  • African Co-Investment Syndicate
  • Juan Pablo Ortega
  • Levare Ventures
  • Shola Akinlade
  • HoaQ
  • True Culture Fund
  • Haleakala Ventures
  • Simón Borrero
  • Ayodeji Arikawe
  • FounderX Ventures
  • Karthik Ramakrishnan.

Series A5 investors entered at this stage

  • Novastar Ventures
  • Rebel Fund
  • Kaleo Ventures
  • GFR Fund
  • AAIC Investment

Other known investors4 additional known investors

  • Brighter Capital
  • Chinasa T. Okolo
  • Maiora Ventures
  • Pioneer Fund
Team profiled 7 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 3 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
6 countries with
team presence
🇳🇬 Nigeria92.5%
🇬🇭 Ghana3.2%
🇺🇸 United States1.1%
🇮🇪 Ireland1.1%
🇨🇦 Canada1.1%
Top 5 of 6 shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Chowdeck on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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