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Alex Canter Talks Ordermark and Nextbite’s $120M War Chest

Alex Canter Talks Ordermark and Nextbite’s $120M War Chest

by Tom Kaiser | Nov 11, 2020 | Finance, News, Top Stories

As the founder of Ordermark and its Nextbite virtual restaurant platform, Alex Canter has become one of the biggest names in the delivery space. Now that SoftBank has invested $120 million in his vision, Canter’s stature is expanding on expectations that one of its...
Enhancing Delivery with Futuristic Automation

Enhancing Delivery with Futuristic Automation

by Nicholas Upton | Nov 5, 2020 | Automation, Finance, News

The robots are here, and they’re helping restaurants navigate the surge in delivery. Flippy, the burger-flipping and fry-frying robot from Miso Robotics is back in the news and making a major expansion in the White Castle system. The QSR chain...
Famous Toastery CEO Talks Self Delivery, Restarting Franchising

Famous Toastery CEO Talks Self Delivery, Restarting Franchising

by Tom Kaiser | Nov 4, 2020 | COVID-19, Finance, News

Famous Toastery, a full-service breakfast franchise with nearly 30 locations, is testing self-delivery and restarting its franchising program after the shock of COVID-19 pushed the North Carolina-based company to roll out online ordering over the course of four...
Self-Delivery Firm Onfleet Snags $14 Million in Series A

Self-Delivery Firm Onfleet Snags $14 Million in Series A

by Nicholas Upton | Oct 30, 2020 | Finance, News

The delivery and convenience tech stack keeps expanding and the money keeps coming. Onfleet, a B2B software-as-a-service delivery enabler, is the latest with a $14-million series A investment round led by Kennet Partners. The San Francisco-based company handles the...
Grubhub Volumes Increase, Quarterly Loss Widens

Grubhub Volumes Increase, Quarterly Loss Widens

by Tom Kaiser | Oct 29, 2020 | Finance, News, Third-Party Delivery

A global pandemic shifting an enormous portion of restaurant orders to off-premises channels hasn’t been enough to nudge Grubhub into profitability, as the Chicago-based company reported third-quarter results showing yet another jump in order volumes, but a wider loss...
SoftBank Doubles Down on Delivery with $120M Ordermark Investment

SoftBank Doubles Down on Delivery with $120M Ordermark Investment

by Tom Kaiser | Oct 28, 2020 | Finance, News

SoftBank, the Japanese private equity firm that has been a major backer of DoorDash and Uber, announced a $120-million funding round for L.A.-based Ordermark to help the online order management provider and virtual restaurant operator grow and expand its offerings....
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