The round, which brought total funding to $21m, was led by Piper Jaffray Merchant Banking and included investments from Series A funding partners Greycroft Partners, Corazon Capital, LLC and Rally Ventures.
The company intends to use the funds to expand to 15-25 new markets and deepen its talent base on the sales, marketing and development teams.
Founded in 2012 and led by Ben Cattoor, CEO, Foodsby is a network of local restaurants and commercial properties that enables employees in office buildings to order lunch from local restaurants and get it delivered straight to their office.
The company, which currently serves 15 major markets, allows professionals to place orders online, orders are aggregated via Foodsby.com, and the restaurants delivers all the meals at once.
FinSMEs
28/08/2018