Foodee Raises $13M in Funding; Acquires Chewse

foodee

Foodee, a Canadian office catering platform for individually packaged meals, raised $13M in funding.

This includes a mix of equity led by BDC Capital paired with debt, provided by a major Canadian bank. Through their bridge financing program, BDC Capital matched funds raised by the companies’ existing investors, including Kensington Capital via the BC Tech Fund and Structure Capital as well as new investor, Foundry Group.

The company also acquired Chewse, an office catering company servicing the San Francisco Bay Area, Austin, and Chicago. The amount of this deal was not disclosed. Foodee will transition Chewse clients on family-style plans to individually packaged meals.

Led by CEO Ryan Spong, Foodee partners exclusively with local restaurants, bringing diverse cuisines and customizable meal programs to the city’s workforce. The company is working closely with clients and their HR and administrative teams to deliver meal programs that meet the requirements of workplace health and safety guidelines. Since 2013, Foodee has been serving 15 cities in North America and is a longtime leader in individually packaged office meals.

FinSMEs

17/07/2020

Join the discussion