Sharebite Closes $15M Series A Funding

USA – Sharebite, a NYC-based food ordering platform built for workplaces, completed its $15m Series A funding round.

Impact-driven and minority-led investment firm Lafayette Square led this round along with Seamless founders Paul Appelbaum and Todd Arky, Delivery Hero founder Lukasz Gadowski, Essential Capital, Liberty City Ventures, Percy Capital, Reign Ventures, River Park Ventures and London Technology Club.The company intends to use the funds to accelerate the expansion of Sharebite Stations, its contactless ordering solution for workplaces, across major U.S. metropolitan markets.Led by Dilip Rao, CEO, and Mohsin Memon, COO, Sharebite provides an enterprise-focused technology platform, which allows firms to manage food ordering and expense allocation across all levels of the organization. Orders are placed using Sharebite’s group order technology from curated and popular local restaurants such as Chopt, Dig, Naya, Dos Toros, Veggie Grill and many others. The orders are then individually packaged, labeled, delivered and placed in designated areas within an office. They are batched into drop-off windows, allowing employees to avoid increasingly expensive fees charged by other delivery platforms.Corporate clients include a majority of the top law firms in New York City, along with investment banks, private equity & hedge funds, tech companies, consulting firms, marketing agencies and real estate firms across the country.Sharebite is headquartered in New York City, with operations in Chicago, the Bay Area (San Francisco/Oakland), Austin, Charlotte, Irvine, and Washington, DC.25/05/2021