The Venture Codex Logo

The Venture Codex

Foodbomb

Suite 1101 418A Elizabeth Street, Surry Hills, New South Wales, 2010, Australia

Overview

Foodbomb operates a wholesale food order management platform and online marketplace for hospitality businesses. The platform facilitates ordering between suppliers and buyers in the restaurant, cafe and pub sectors. Co‑founders Paul Tory and Josh Goulburn lead the business. The company recently completed a Series A financing, strengthening its financial position. Management plans to use the new capital to double Foodbomb’s workforce. They also intend to introduce the marketplace to Brisbane restaurateurs, cafe owners, pubs and suppliers by September. Foodbomb is an online platform that aggregates wholesale food suppliers into a single site for the foodservice and hospitality industry. Led by CEO Paul Tory, hospitality venues can search, compare and order products on the platform. Hundreds of Sydney venues rely on Foodbomb to streamline operations, save money and access a wider range of providores and vendors. Registered wholesalers gain access to a dedicated database of customers, with credit already taken care of. The company raised AUD$1.4m in funding and intends to use the proceeds to bolster its product and development team. Foodbomb aims to use the investment to increase its market share of Australia’s $40 billion hospitality industry.

Total raised
$6M
Funding rounds
2
Latest round
Series A
Latest activity
Aug 2021

Industries

  • Agriculture
  • E-Commerce
  • Food and Beverage
  • Travel
Visit website

Recent funding

  1. Series A

    Aug 2021

    $5M

  2. Equity

    Apr 2019

    $1M

Team