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Chicory

Can a contextual commerce advertising platform become the definitive bridge between recipe/food content publishers and CPG/retail purchase intent at scale?

Founded2013
HQNew York, NY
FoundersYuni Baker-Saito
Latest roundPrivate Equity, September 2024
IndustryVertical SaaS / AdTech
The story

Founded in 2013 by Yuni Baker-Saito, Chicory operates as a contextual commerce advertising platform that analyzes publisher content — primarily food/recipe content — to reach high-intent grocery shoppers and connect CPG brands and retailers with consumers. The company operates under Recipe Into Reality, Inc. DBA Chicory at chicory.co, as well as a separate AI-focused entity (Karbonara, Inc. DBA Chicory) at chicory.ai focused on data workflow automation. The embedded finance footprint is minimal — limited to standard employer benefits (401k via Betterment at Work) rather than any customer-facing financial products.

Last 12 months
2024-09
Product timeline
2013
Yuni Baker-Saito founded Chicory (Recipe Into Reality, Inc.) as a contextual commerce advertising platform connecting CPG brands with high-intent grocery shoppers.· pivot
2024
Received a private equity investment round (announced September 2024).· acquisition
The stack
Accounting gap: none