
Sodexo
255 quai de la Bataille de Stalingrad, Issy-les-Moulineaux, Île-de-France, 92130, France
Overview
Sodexo is now the worldwide leader in Quality of Life services. For over 50 years, they have developed unique expertise, backed by nearly 420,000 employees in 80 countries across the globe. In combining the diverse talents of their teams, Sodexo is the only company to integrate a complete offer of innovative services, based on over 100 professions. They develop, manage and deliver a unique array of On-site Services, Benefits & Rewards Services and Personal and Home Services for all their clients to improve the Quality of Life.
- Total investments
- 6
- Lead investments
- 3
- Investments · 12mo
- 0
- Active investors
- 8
Sector focus
- Coupons
- Education
- Health Care
Investment portfolio
- Kiwibot
Participated · Series A · Feb 2022
Kiwibot builds AI- and GPS-enabled all-electric robots that perform autonomous last-mile food deliveries with route optimization and obstacle avoidance. The company aims to become the standard last-mile delivery service in smart cities and is focusing growth on college campuses. Founded in 2017, Kiwibot launched its first pilot at UC Berkeley and now operates on 29 U.S. college campuses and two in the Middle East. Its fleet has completed over 250,000 autonomous food deliveries; in 2022, 600 robots served 6,942 students and connected 133 restaurants. Robots are manufactured in Colombia with final assembly and a logistics hub in Miami, and the company’s distributed team includes five Miami-based staff. Kiwibot has partnerships with Grubhub and Sodexo’s Everyday and has undertaken mapping and community service projects in Miami funded by the Knight Foundation. Kiwibot develops semi-autonomous sidewalk delivery robots for food, medication, and local goods, operating on college campuses and in U.S. cities. The company has completed over 200,000 deliveries across university campuses and cities. Led by CEO Felipe Chávez Cortés, Kiwibot is expanding its robotic fleet and technology to increase reach across multiple college campuses and cities. A multimillion-dollar contract expansion with Sodexo will enable deployment of more than 1,200 robots across 50 U.S. college campuses by the end of 2022. Kiwibot has also partnered with Careem to autonomously fulfill orders in Dubai and with the Knight Foundation to advance safe and equitable mobility in four U.S. cities. The company recently raised new funding to support further technology development and geographic expansion.
- Zeta
Participated · Series C · May 2021
Zeta provides cloud-native banking software and modules for core banking, payment processing, fraud detection, and customer engagement. The company serves 25 million accounts on its platform and has contracts to add another 25 million. Its flagship customer in India is HDFC Bank; other customers include Pluxee and U.S.-based Sparrow Financial. The U.S. is Zeta’s biggest market and the company generates more than $50 million in annual revenue in India. Zeta has invested about $400 million in its platform since inception and employs roughly 1,700 people across the U.S., Middle East and Asia. Management expects to become profitable by March 2026 and aims to capture 25% market share over the next decade. Zeta builds a cloud-native Omni Stack that bundles card processing, loans (BNPL and personal loan management), deposits (DDA/core banking) and a white‑label mobile app into a single platform. Its Tachyon suite includes Tachyon Credit (credit, debit and prepaid processing with card controls and personal finance management), Tachyon Loans (BNPL and personal loan management), Tachyon Deposits (core for checking and savings) and Tachyon Mobile (customizable mobile app). The company serves over 10 banks and 25 fintechs across eight countries, counting Sodexo and HDFC Bank among customers. Co-founded in April 2015 by Bhavin Turakhia and Ramki Gaddipati, Zeta employs over 750 people across offices in the US, UK, Middle East and Asia. The business recently raised $250M at a $1.45B valuation, one of the largest single investments in a banking tech startup globally. Zeta says it will use the proceeds to accelerate growth in the United States and Europe and to scale its operations, team and platform. Zeta offers a full-stack, cloud-native neo-banking platform that enables issuance of credit, debit and prepaid products and a suite of enterprise solutions for corporates (automated cafeteria, employee gifting, rewards and recognition). The company began in 2015 in the digital meal benefit market and has expanded into cloud banking and digital payments for banks and fintechs. Zeta’s platform is used by RBL Bank, IDFC First Bank and Kotak Mahindra Bank, serves 14,000 corporate firms and over two million users. Management plans to broaden the cloud banking platform and digital payments solutions across the US, UK, Europe and South‑East Asia and expand operations to 7–10 countries in the next 18 months. Zeta intends to double its engineering team with 200 new hires and invest in AI, ML and predictive analytics to enhance its product offering. The company has been founder-funded to date, with co‑founders Bhavin Turakhia and Ramki Gaddipati having collectively invested $40 million prior to this round.
- EAT Club
Led · Series C · May 2017
Eat Club operates a corporate lunch service enabling offices (up to 1,000 employees) to offer employees lunch as a benefit through a subscription-based virtual cafeteria on its mobile app and website. The platform provides extensive daily options, including hot and cold, wholesome and hearty, vegan, vegetarian, gluten-free, dairy-free, paleo and diverse ethnic foods. Companies subscribe and employees make food selections; the company serves tens of thousands of individual meals per day and reports a 99.7% on-time delivery rate. Founded in 2010 and based in Gaithersburg, Maryland, Eat Club was founded by Kevin Yang and Rodrigo Santibanez and is led by CEO Mike Griffith. The company plans to use recent funding to expand to New York City and broaden its existing presence in the San Francisco Bay Area and Los Angeles. Eat Club operates a meal-delivery and in-house catering service that lets corporate customers have employees select meals via the company’s website or mobile app. The company offers both in-house prepared meals and restaurant delivery to offices and targets companies that want to provide meals to employees. Eat Club has expanded its coverage to the Los Angeles area to serve Silicon Beach companies. It has delivered 1.5 million meals to 2,000 offices in its current coverage area. Local customers include Scopley, DogVacay, Twenty20, Dollar Shave Club and Tesla Motors. The company is backed by Trinity Ventures and disclosed a $10M funding last week, which it said would be used in part to fund expansion into Los Angeles. EAT Club is a consumer-facing lunch delivery service that curates 10–15 daily meal selections from local restaurants and delivers to office customers, charging about $8–$10 per meal. The service targets Bay Area consumers (mainly the peninsula) and delivers to roughly 1,500 companies, with “tens of thousands” of registered users and about 100 companies using it as their lunch provider. Operational metrics reported include a 99.7% on-time delivery rate, average ordering frequency of 1.5–2 times per week, and ~50% month-to-month retention among active users. The company uses backend order-routing technology and a network of part-time drivers to deliver hundreds of meals per run. EAT Club emphasizes building a consumer brand (not purely B2B), plans to expand to new markets, and intends to focus product development on refining its iOS app and using push notifications to move closer to on-demand ordering.
- LifeDojo
Participated · Series A · Feb 2017
LifeDojo provides online 12-week corporate wellbeing programs that guide employees through motivation, daily action and support to drive permanent health behavior change. The company offers a software platform, a mobile app and coaching capabilities as its core product. Clients include Fortune 500 companies and high‑tech, high‑growth companies across more than 16 countries. LifeDojo announced a partnership with Sodexo’s Benefits and Rewards Services activity and its subsidiary Inspirus, a provider of employee engagement and recognition services. Founded in 2013 by CEO Chris Cutter and based in San Francisco, the company closed a Series A to support growth. It intends to use the funds to expand its software platform, mobile app and coaching capabilities.
- Wynd
Led · Series B · Nov 2016
Wynd began as a point-of-sale solution for restaurants and brick-and-mortar stores and has expanded into a one-stop SaaS platform for managing offline and online sales. The service handles inventory, orders, payments and provides staff-facing instructions to prepare orders. Its system is omnichannel, unifying inventory across e-commerce sites and physical stores and allowing different delivery parameters for online versus offline sales. Wynd offers an API and integrates with third-party services such as ERPs, and can replace product information management tools. The platform also provides dynamic dashboards and detailed product and staff reports, positioning it as an alternative to static Excel exports. Large customers include Carrefour, Total, MK2 and Monceau Fleurs, and 30% of the company’s revenue comes from other countries. The company has raised $127 million in total to date. Wynd provides a modular software-as-a-service point-of-sale solution that can replace existing POS systems for restaurant and retail chains. The platform can manage part or all POS tasks, unify inventory across stores and websites, integrate with CRM systems, and support electronic wallets, coupons, and cashback. Wynd targets large chains rather than individual restaurants; notable clients include Carrefour, Galeries Lafayette, Quick, Sodexo, Eiffage, Total and Monceau Fleurs. The company bills €30–€300 per point of sale per month depending on setup and currently manages 5,000 points of sale. Wynd deliberately does not process payments itself, choosing to focus on POS functionality and integrate with payment providers. With the new funding, the company plans to hire and expand internationally, opening offices in the U.K. and Dubai. Wynd builds a modular software‑as‑a‑service platform that handles discovery, ordering, payment integrations and rewards for restaurants. Customers can adopt individual "bricks" (modules) incrementally—online ordering, cash registers, kiosks, kitchen screens—and those modules integrate to unify online and in‑store orders. Wynd integrates with payment service providers rather than processing payments itself, and can take a cut on transactions when restaurants use its cash register module. The company serves around 1,800 points of sale, with customers including Flunch, Elior, Nabab Kebab and Exki, primarily in France and with some presence in the Middle East and other European countries. Wynd charges an installation fee plus recurring subscription fees, giving it monthly recurring revenue. With new funding it plans to hire more staff, improve the product and accelerate opening points of sale, and it expects the platform could be adapted to other types of stores in the future.