VC Fund Investments
Workplace refreshment provider F5 raises Rs.5-Cr from Auxano Capital , Huddle, others
F5 Refreshments, a New Delhi-based D2C service brand, has raised INR 5 crore (USD 664,000) in its pre-Series A round led by Auxano Capital. Huddle, Lets Venture, Venture Catalyst and others also participated in the round. The fresh capital will be used to expand its portfolio and to clock INR 15 crore ARR with 50 branded stores. F5 started with providing basic refreshments at the workplace. It initially focused on showrooms and other market establishments across three formats: subscription, on-demand as well as at retail outlets. F5 is expanding its product portfolio to include meals, snacks, water and even digital services. The startup had closed a INR 2.8 crore fundraise in May 2020.
From the Venture Intelligence Angel Investments Database: Between Mar-20 and Jun-21 F5 Refreshment had raised funding from Mohit Satyanand, Rohit Chanana, AngelList, Venture Catalysts Angels, Varun Laul, Mohit Satyanand, Startup Buddy Ventures and LetsVenture
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