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Sharebite bags $39M to expand its corporate food ordering program

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Sharebite bags $39M to expand its corporate food ordering program

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Sharebite, a startup that partners with restaurants to deliver food to corporate clients, today announced that it raised $39 million in a Series B round led by Prosus with participation from Fiserv, Contour Venture Partners, Reign Ventures, London Technology Club and Not Boring Fund.

But Rao says that Sharebite, which doesn’t hire its own delivery drivers, works with restaurants to establish a streamlined order retrieval system and point-of-sales integration.

In a twist on the formula, Snackpass, which in June raised $70 million at an over $400 million valuation, lets office workers create group food and drink orders.


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Article Details

Author / Journalist: Kyle Wiggers

Category: Startups

Topics: Sharebite Funding Prosus Food delivery Delivery Fiserv TC Corporate Apps Grubhub Startups Contour venture partners Startup Funding Food Food ordering Enterprise

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-06-28, 13:00:31

News Timezone: GMT -5:00

News Source URL: techcrunch.com

Language: English

Reading Time: 5 minutes read

Article Length: 793 words

Coverage Area: United States

Availability: Desktop Web, Mobile Web

News ID: 18478

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