Choco was founded in 2018 by serial tech entrepreneurs Daniel Khachab and Julian Hammer who shared a vision to reduce food waste on a global scale by digitalizing the food industry towards a more sustainable future.
The company has raised in 4 years a total of $280 million to date from investors including Left Lane Capital, Insight Partners, Bessemer Venture Partners, and Coatue Management, bringing its valuation to $1.2 billion in 2022.
Since its founding, Choco has rapidly grown its operation to serve markets in Germany, the United States, France, Spain, Austria, and Belgium.
By helping streamline the global food supply chain, the company has created a more efficient and sustainable process that empowers restaurants, suppliers, and producers.
