foosye Revenue & Valuation (2024)

Foosye began in 2014 with a small group of entrepreneurs who had a vision to eliminate drive, park and pray within the mobile food truck industry. The food truck industry has gained significant momentum over the past 5 years, growing from an estimated $650 Million in revenue in 2012 to an estimated $2.7 Billion in 2017. And yet, food truck owners and operators are challenged with balancing demand and supply to achieve profitability. Inspired by Co-Founder Ray Chow, two long-term foodies, and an experienced restaurant and food truck owner came together to help solve the drive, park, and pray challenge and create a platform that connects the worlds mobile food industry.

Our mission is simple: to amplify food truck operations utilizing technology, predictive analytics and IoT on a food truck. By connecting what we believe are 10 unique customer segments into a robust ecosystem, Foosye will offer an industry-wide platform that enables communication, scalable and repeatable processes