Foodee Raises CAD$6M in Series A Funding

foodeeFoodee, a Vancouver, BC, Canada-based food concierge service for corporate customers, raised CAD$6m in Series A funding.

The round was led by BDC Capital.

The company intends to use the funds for its ongoing expansion into US markets.

Led by Ryan Spong, CEO, Foodee provides a food concierge service that delivers meals from local restaurants to company boardrooms leveraging a tech-enabled platform, live customer care and trained, office appropriate waiter-delivery staff.

Since launching in Vancouver in 2012, the company has grown today serving over 4000 customers (such as Apple, Amazon, Comcast, eBay, Facebook, Microsoft, Starbucks, etc.) via 250+ partnering restaurants. It has expanded to Toronto, Austin, Denver, and Philadelphia and is to launch Atlanta and Minneapolis in March with several more US cities planned throughout 2016.

To date, Foodee has raised $10 million from key Canadian and US investors including Yaletown Venture Partners, Voyager Capital, and Structure Capital.

FinSMEs

04/02/2016

 

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