Forward Kitchens was working quietly on its digital storefront for restaurants and is now announcing a $2.5 million seed round. Raghav Poddar started the company two years ago and was part of the Y Combinator Summer 2019 cohort. Poddar told TechCrunch he has been a foodie his entire life. Lately, he was relying on food delivery …
Tag Archives: funding
Branch Closes $75M Series C, Launches New Payment Tools
Branch, a workforce payments platform that allows restaurants to go cashless and enable instant digital tips, raised $75 million through a Series C to extend its momentum in trucking, logistics, last-mile delivery in restaurants, while also expanding into the construction, hospitality and fitness industries. The Minneapolis-based company’s funding round was led by Addition, with participation …
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Radar Raises $55M, Partners with Olo on Location Logistics
Location services company Radar looks to expand dramatically in the restaurant space after a $55 million fundraise and a new partnership with restaurant logistics giant Olo. The core work of the company is building out exceptionally accurate location services and making it easy for brands and developers to utilize the services. It’s among many geolocation …
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Delivery bot firm Starship has raised $100M since January
Dive Brief: Starship Technologies, a leader in the robot delivery industry, has raised nearly $100 million since the end of January, the company announced Monday. The company raised $57 million from the European Investment Bank and $42 million in a Series B funding round led by NordicNinja, a Japanese-Nordic venture capital firm, and Taavet+Sten, a venture …
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EzCater Preps for an IPO in a Rebound From the Pandemic
Stefania Mallett, CEO and co-founder of ezCater, remembers waking up in March 2020 to find that the Covid-19 pandemic had wiped out 85% of her business. Now the online catering provider has turned its business around and is again preparing for an initial public offering. EzCater started 2020 expecting it to be their best year …
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7shifts raises $80M to grow workforce management tech
7shifts, a restaurant workforce management platform, secured $80 million in funding led by Softbank on Thursday, with additional participation from existing investors Ten Coves Capital and Enlightened Hospitality Investments. 7shifts’ products are currently deployed at more than 27,000 locations across North America, Europe, the Middle East and Australia. Last spring, 7shifts raised $21.5 million in a round led by Enlightened …
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LUNCHBOX RAISES $50M WITH CONTRIBUTIONS FROM SWEETGREEN, DOORDASH EXECS
Online ordering provider Lunchbox has raised $50 million from a group of high-profile investors, including executives of Sweetgreen, &pizza and DoorDash and the serial tech funder Coatue. The Series B round announced Tuesday marks a shift in strategy for the company, which will look to expand its target audience to include big restaurant chains and …
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Lunchbox’s $50M funding includes investment from DoorDash execs
Lunchbox, a technology company that helps restaurants build their own digital ordering experiences, raised $50 million in series B funding, the company announced Tuesday. Investors include Coatue, Primary, 645 Ventures and executives from DoorDash, &pizza and Sweetgreen. Lunchbox will use the funding to add to its team and product suite, the latter of which includes web and app …
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Lunchbox Lands $50M Series B Investment
Lunchbox closed a $50 million Series B investment that will allow the New York-based platform offering online ordering, integrations and marketing for restaurants and ghost kitchens to accelerate its research and development efforts. The eight-figure investment round was led by Coatue, with participation from existing investors Primary and 645 Ventures, as well as executives from …
Deliverect Hits 100M Orders, Raises $150 Million
Deliverect, a Belgium-based delivery-to-POS integrator that’s barely five years old, just raised $150 million in a Series D funding round after hitting the milestone of 100 million orders processed. It also used the occasion to launch its Deliverect App Store, which is a dedicated ecosystem for online order automation. Used by more than 20,000 locations …
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