High-Flying Lunchbox Lays Off a Third of its Staff

Lunchbox, one of the most prominent and outspoken tech companies in the delivery space, announced a significant round of layoffs just months after acquiring NovaDine and receiving $50 million through a Series B investment round. Company co-founder and CEO Nabeel Alamgir announced the layoffs in a post on LinkedIn, and said it was “an incredibly …

Lunchbox cuts 33% of staff. The food tech startup had raised $72 million to give restaurants an alternative to Grubhub and DoorDash.

Lunchbox offers digital ordering, loyalty, and marketing services for restaurants. The startup is led by industry provocateur Nabeel Alamgir, who got his start as a New York busboy.  On Thursday, the CEO told Insider that the company had grown “bloated” and had to cut 60 employees. Lunchbox, a New York-based food-tech startup whose CEO is …

LUNCHBOX LAUNCHES A FREE ONLINE ORDERING PLATFORM TO SAVE MOM & POP RESTAURANT OPERATORS ACROSS THE COUNTRY

Lunchbox Essential introduces an entirely new way for restaurants to keep 100% of the profits while managing online ordering, menu management, and technology integrations all in one place. The company unveils a new brand name Lunchbox Enterprise reflecting commitment to world-class technology for multi-unit enterprise brands. NEW YORK, June 28, 2022 /PRNewswire/ — Lunchbox, the modern ordering system …

Lunchbox acquires Novadine to transform the entire guest experience for enterprise restaurants

* Novadine works with leading multi-chain restaurant brands including Firehouse Subs, Torchy’s Tacos, Taco Bueno, and Steak & Shake NEW YORK/ — Lunchbox, the modern ordering system built to grow online revenue for restaurants today announced that it has entered into a definitive agreement to acquire NovaDine, an enterprise digital ordering provider for multi-unit restaurant chains. …

Lunchbox unveils new product to simplify restaurant POS systems and integrations with third party platforms

The launch of Lunchbox Rails marks the first step towards a larger partnership ecosystem. Proceeds from Rails signups for the month of May will be donated to the Lunchbox Scholarship Fund. NEW YORK , May 4, 2022 /PRNewswire/ — Lunchbox, the modern ordering system built to grow online revenue for restaurants, announced today the launch of Lunchbox Rails, the first …

Lunchbox Moves into Digital Restaurant Passports, VR Virtual Restaurants

In the wake of a recent $50 million Series B, Lunchbox’s loud-and-proud co-founder and CEO, Nabeel Alamgir, is pushing to diversify the restaurant tech brand beyond its roots of online ordering, delivery integrations and multi-channel marketing. Flush with cash and on the gas, the startup’s software engineers are creating virtual reality-based dining environments to accompany …

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 …

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 …

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 …

From Busboy to Millionaire: How This Bangladeshi Immigrant Made His Big Break in the U.S. Restaurant Industry

Since COVID-19 took indoor dining off the table, restaurants have resorted to takeout and delivery, often relying on third-party platforms like Uber Eats and GrubHub, which charge commissions from 15 to 30 percent per order. Nabeel Alamgir, a 30-year-old Bangladeshi-American based in New York, believes he has the solution to help restaurants cut down on such expenses. A …