Foodsby is a Minneapolis-based lunch delivery service that connects employees in office buildings across 15 cities with local restaurants. Founded in 2012, the company lets workers pre-order meals which Foodsby aggregates and sends to restaurants, and the restaurants make consolidated deliveries. Foodsby charges $1.99 per person for deliveries and is free for companies and restaurants to join. The model relies on restaurant deliveries rather than a company-owned fleet to lower operating costs. With its new financing, Foodsby plans to expand into 15–25 new markets and build on early successes. The article notes the food-delivery sector is crowded and competitive, with peers like Peach and Munchery facing layoffs and market challenges. Foodsby operates a website and mobile app that lets business professionals place orders from local restaurants and receive food at their offices. The company was founded in 2012 and is led by CEO Ben Cattoor. Foodsby is based in Minneapolis, MN and employs approximately 40 people. The startup uses its platform to aggregate restaurant options and coordinate office deliveries. The company plans to use new funding to grow operations and accelerate rollout into additional markets. No revenue or user figures were disclosed in the article.

Total raised

$19M

Funding rounds

2

Latest round

Series B

Latest activity

Aug 2018