How Much Did Sharebite Raise?
Funding & Key Investors

Sharebite, the New York-based food ordering and delivery platform tailored for the corporate sector, has successfully secured significant capital to accelerate its market expansion. With a total funding accumulation of $54M, the company continues to solidify its position as a leader in the enterprise-focused food technology space. The most recent strategic investment of $39M underscores investor confidence in the platform's unique mission-driven model, which integrates corporate meal procurement with social impact initiatives aimed at alleviating childhood hunger.

This latest injection of financing follows a trajectory of robust growth, marking a pivotal transition from its initial Series A scaling phase to a more mature enterprise-level operation. By leveraging this capital, Sharebite is well-positioned to enhance its technological infrastructure and deepen its penetration within the competitive corporate dining market.

What is Sharebite?

Sharebite
SoftwareSupply Chain Management (SCM) SoftwareHospitality

Sharebite operates as a specialized B2B food delivery ecosystem designed to streamline meal ordering for organizations. Unlike consumer-facing delivery apps, Sharebite focuses on the complexities of corporate logistics, offering features that cater to office environments, remote teams, and employee benefit programs. Beyond its operational utility, the company distinguishes itself through a social-impact mandate, partnering with local restaurants to facilitate meal donations for every transaction processed. This dual-purpose value proposition has attracted significant attention from institutional investors looking for sustainable, high-growth opportunities within the vertical SaaS and fintech-adjacent sectors.

How much funding has Sharebite raised?

Sharebite has raised a total of $54M across 2 funding rounds:

2021

Series A

$15M

2022

Series B

$39M

Series A (2021): $15M with participation from Lafayette Square

Series B (2022): $39M led by Prosus, Reign Ventures, Fiserv, Contour Venture Partners, and London Technology Club

Key Investors in Sharebite

Prosus

Prosus is a global consumer internet group and one of the largest technology investors in the world, focusing on high-growth sectors including food delivery and fintech.

Reign Ventures

Reign Ventures is an early-stage investment fund that focuses on identifying and nurturing seed-stage consumer technology and software startups through a hands-on approach.

Fiserv

Fiserv is a global fintech leader providing payment processing, digital banking, and financial technology infrastructure to merchants and financial institutions.

What's next for Sharebite?

Looking ahead, Sharebite is poised to leverage its recent capital infusion to scale its platform capabilities and expand its footprint across major metropolitan hubs. The strategic focus will likely center on deepening integrations with corporate expense management systems and enhancing the user experience for enterprise clients. As the company moves further into its growth stage, the emphasis will remain on balancing operational efficiency with its core mission of social responsibility. By maintaining strong partnerships with institutional backers and continuing to innovate within the corporate dining niche, Sharebite is set to redefine how organizations manage employee food benefits in a post-pandemic, hybrid-work landscape.

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Frequently Asked Questions Regarding Sharebite Financial Insights

What are the most recent funding rounds that Sharebite has completed, and what were the funding rounds?
Sharebite has recently completed 2 funding rounds: Series B on Jun 28, 2022, Series A on May 25, 2021.
What is the total amount of funding Sharebite has raised to date?
Sharebite has raised a total of $54M in funding to date.
How many funding rounds has Sharebite completed?
Sharebite has completed 2 funding rounds.
How much funding did Sharebite raise in its most recent funding round?
Sharebite raised $39M in its most recent funding round.
Who are the lead investors in Sharebite's latest funding round?
The lead investor in Sharebite's latest funding round was Prosus. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Sharebite's history?
The largest funding round in Sharebite's history was $39M.
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