by Tom Kaiser | Jun 16, 2022 | Finance, News, Third-Party Delivery
Wonder, a truck-based restaurant delivery service started by Jet.com founder Marc Lore, raised an additional $350 million through a Series B funding round led by Bain Capital just six months after launching the company. This latest investment follows previous...
by Nicholas Upton | Jun 8, 2022 | Automation, Finance, News
Reconciliation is not exactly a sexy topic, but as delivery continues to grow and new channels continue to emerge, it has become a major headache for operators. The accounting process of ensuring two sets of financial data match comes up all over business, but...
by Tom Kaiser | May 26, 2022 | Finance, News
Amid ongoing challenges in foodservice supply chains, San Diego-based Galley Solutions raised $14.2 million through a Series A to help the cloud-based inventory, ingredient and food costing platform expand its sales and engineering teams. This latest funding round was...
by Nicholas Upton | May 18, 2022 | Finance, News
Grocery delivery giant Instacart has filed with a confidential notice with the Securities and Exchange Commission, the first legal step toward an initial public offering. The statement from the company was terse: Instacart today announced that it has confidentially...
by Tom Kaiser | May 17, 2022 | Finance, News, Top Stories
For the first time, this year’s Food On Demand Conference included a panel of high-profile restaurant tech investors who opened their playbooks to share what they’re watching at this pivotal convergence of automation, innovation, convenience and challenges driven by...
by Nicholas Upton | Apr 28, 2022 | Finance, News
Cartwheel, a platform that enables hybrid delivery, raised $3 million in seed capital to enhance its offering, build more integrations and expand the company. The company, which has powered deliveries for P.F. Chang’s, Taco Del Mar and Portillo’s, has now...