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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...
Sprwt Meal Prep Targets Chefs, Trainers, Instagram Stars

Sprwt Meal Prep Targets Chefs, Trainers, Instagram Stars

by Tom Kaiser | Oct 29, 2020 | Automation, Meal Kits, News

There’s nothing you can’t do if you’re an Instagram star with a wide following, and that now includes starting your own meal-prep business to bring your special cuisine or diet to your loyal followers. These new-age cults of personality are just part of the focus at...
Virtual Expansion as a Market Test

Virtual Expansion as a Market Test

by Nicholas Upton | Oct 29, 2020 | Best Practices, News, Third-Party Delivery

Famous Dave’s is further expanding its virtual, delivery-only operations. Thus far, the sales through these channels have been good, and CEO Jeff Crivello said it puts the legacy barbecue concept back in growth mode without the expense of building large-scale...
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....
DoorDash Helping Closed Restaurants “Reopen for Delivery”

DoorDash Helping Closed Restaurants “Reopen for Delivery”

by Tom Kaiser | Oct 28, 2020 | Briefs, COVID-19, News, Third-Party Delivery

Starting with a BBQ joint in Chicago that closed due to the pandemic, DoorDash is rolling out a new program to help restaurants reopen as delivery-only locations. It’s the first partnership in the delivery brand’s new “Reopen for Delivery” initiative to help...
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