Shutdown
Nov 2022iFood ended operations in Colombia, citing business strategy and a decision to focus on priority markets, principally Brazil.
SourceCompany research
Public company, workplace, funding, and market signals
Updated Aug 5, 2026
Overview
iFood is a Brazilian technology ecosystem and marketplace connecting consumers with restaurants, markets, pharmacies, pet shops and delivery workers. It is controlled by Prosus through Movile and is Brazil’s dominant food-delivery platform.
Primary product
Consumer and merchant marketplace/app for on-demand food, grocery, pharmacy and pet delivery, supplemented by logistics, advertising, restaurant software and fintech products (iFood Pago and iFood Benefícios).
Founded
2011
Headquarters
Osasco, São Paulo, Brazil
Team size
8,000–9,000 direct employees; company announced plans to exceed 8,600 after adding 1,100 employees in 2025–26
Work style
Flexible
Industry
Software development / technology
Sub-industry
Food technology, online delivery marketplace and fintech
Offices
Osasco, São Paulo, Brazil
São Paulo, São Paulo, Brazil
Business model
Marketplace commissions from restaurants and merchants
Delivery and logistics services
Advertising / retail media for brands and merchants
Restaurant software and digitalization services
Fintech, payments, credit and restaurant banking
Corporate meal and food benefits
Funding
Stage
Acquired / privately held subsidiary of Prosus; previously late-stage venture-backed
Total raised
$592M
Latest round
Acquisition of remaining Just Eat stake · Aug 2022
Latest amount
$1.8B
Acquisition / secondary transaction
Aug 2022 · Prosus
Nov 2018 · Innova Capital; Naspers
People & investors
Leadership
Partner and CEO
COO; CEO, iFood Pago
CMO / Partner and VP
Work & culture
Public company materials describe an AI-first, high-performance and ownership-oriented culture emphasizing autonomy, experimentation, diversity, collaboration and large-scale customer impact. iFOS is a flexible hybrid model: leaders determine team cadence, offices remain available for collaboration, and hiring is generally limited to people living in Brazil.
Work style
Flexible
Visa sponsorship
No
Compensation
Public signals indicate competitive market compensation, flexible benefits, home-office support and development subsidies; no reliable public salary bands were identified.
Benefits
Flexible Beneflex points package
Meal, food, pharmacy and cultural benefits through iFood Benefícios
Medical and dental insurance
Life insurance
Home-office allowance
Language-course subsidy
Professional-development incentives
Mentoring and Prosus Academy learning access
Product & market
Pricing
Consumers generally pay item prices plus merchant-set delivery/service fees; merchants typically pay marketplace commissions and may purchase advertising, logistics and software services. Fintech and benefits products use transaction, subscription, interchange, financing or merchant-fee economics.
Differentiators
- —Very large Brazilian network and market share
- —Integrated marketplace, logistics, payments, credit, benefits and restaurant-software ecosystem
- —Scale of data and AI applied to recommendations, logistics, fraud and operations
- —Broad category coverage beyond restaurants
- —Strong Prosus/Movile ownership and investment capacity
- —Retail-media advertising business integrated with transactional demand
Technology
Artificial intelligence and machine learning
Scale & contact
Estimated revenue
Approximately US$991 million reported for the fiscal year ending March 2022; current public third-party estimates vary widely and are not sufficiently reliable to provide a current range.
Signals & risks
Acquisition
Aug 2022Prosus acquired Just Eat Takeaway.com’s remaining 33% stake for approximately €1.8 billion, taking full control of iFood.
SourceAcquisition
Nov 2025iFood acquired Advolve, an AI performance-marketing company, to accelerate its Ads and retail-media strategy.
Latest news
Prosus · Nov 2025
iFood acquired AI marketing company Advolve to scale its retail-media and Ads business.
Reuters · Aug 2025
iFood announced R$17 billion of direct investment in Brazil through March 2026, including technology, traffic, repeat purchases, operational expansion and credit; it expected to exceed 8,600 employees.
Valor Econômico · Jul 2025
Valor reported negotiations for a potential Alelo acquisition, which would expand iFood into Brazil’s meal-benefits market; completion was not established.
Brasil 247 · May 2025
iFood announced acquisitions of Opdv, Saipos and 3S Checkout to build an all-in-one restaurant-management ecosystem.
Open Positions
87 jobs at iFood
iFood Pago - Analista de CRM Sênior (Growth & Crédito)
On-site
NEGÓCIOS B2B CRÉDITO E CARTÃO PJ | BU FINT
Brasil
1d ago
On-site
Full-time