Chowdeck is a Nigerian-based on-demand food delivery platform that connects customers with a wide selection of local restaurants. Founded in October 2021 by Femi Aluko, Olumide Ojo, and Lanre Yusuf, the company quickly rose in prominence within Nigeria's $1 billion food delivery market. Chowdeck has raised approximately $2.62 million in funding, with support from Y Combinator and other investors. The company is headquartered in Lagos, Nigeria, and operates extensively in multiple Nigerian cities.
Attribute | Information |
---|---|
Founding Date | October 2021 |
Headquarters | Lagos, Nigeria |
Founders | Femi Aluko, Olumide Ojo, Lanre Yusuf |
Revenue | $17.9 million (2024) |
Profits | Not publicly disclosed |
Key Investors | Y Combinator, Goodwater Capital, FoundersX Ventures |
Industry | Food Delivery |
Number of Employees | 123 |
Chowdeck was established in October 2021 amidst the growing interest in on-demand delivery services within Nigeria. Founders Femi Aluko, a former Principal Engineer at Paystack, alongside Olumide Ojo and Lanre Yusuf, saw a gap in the market for a reliable food delivery service. The company began by partnering with local restaurants and deploying riders to ensure efficient door-to-door service. Initially operating in Lagos, the platform rapidly scaled to cover eight Nigerian cities including Abuja, Port-Harcourt, and Ibadan. The founders' technical expertise, coupled with strategic funding from Y Combinator, allowed for rapid development and deployment of an efficient user-friendly app.
Chowdeck currently operates in multiple cities across Nigeria and recently expanded to Ghana. The company continues to focus on technology-driven growth, aiming for faster delivery times and exclusive restaurant partnerships to distinguish itself in a competitive market. The platform has broadened its service offerings to include groceries and household essentials to captivate a broader customer base. Chowdeck's investment in Mira represents a shift towards enhancing backend operational efficiency for its partner restaurants, promising more value for both users and vendors.
Chowdeck has positioned itself as a formidable contender in the African food delivery industry. The company's rapid growth and strategic moves underscore its potential to shape the food delivery landscape across regions. With ongoing efforts to expand further into African markets and continuous innovations in service delivery and technology, Chowdeck stands poised to redefine dining convenience in the region. As the company enhances its market presence, it is well-equipped to become a leading force driving the on-demand economy in Africa.