by Nicholas Upton | Feb 17, 2022 | Finance, News
Misfits Market unveiled its 2021 annual report on the heels of a major new fundraise. In short, customers have found a lot of beauty in the “ugly” food delivery service. The company launched in 2018 in Philadelphia, hand delivering fruit and veggies that...
by Nicholas Upton | Feb 9, 2022 | Finance, News
Chipotle marked another exceptional year of business by nearly every metric. Off-premises operations and digital ordering were especially bright spots in its latest earnings report. In the fourth quarter, Chipotle’s revenue increased 22 percent, reaching $2 billion...
by Tom Kaiser | Feb 3, 2022 | Briefs, Finance, News
Lunchbox closed a $50 million Series B investment that will allow the New York-based platform offering online ordering, integrations and marketing for restaurants and ghost kitchens to accelerate its research and development efforts. The eight-figure investment round...
by Tom Kaiser | Jan 27, 2022 | Finance, News, Research
Deliverect, a Belgium-based delivery-to-POS integrator that’s barely five years old, just raised $150 million in a Series D funding round after hitting the milestone of 100 million orders processed. It also used the occasion to launch its Deliverect App Store, which...
by Nicholas Upton | Jan 20, 2022 | Finance, Top Stories
When the food-on-demand space exploded into the mainstream, it was initially a software play. Aggregators and delivery providers sought to have the fewest hard assets as possible, even eschewing employees in favor of the burgeoning gig-work industry. Gopuff SVP of...
by Tom Kaiser | Jan 13, 2022 | Briefs, Finance, News
Flipdish, an online ordering and digital experience platform for the hospitality space, received a $100 million investment led by Tencent raising its valuation to more than $1.25 billion. This comes after the Dublin-based company received a $48.5 million investment...