How Much Did Sharebite Raise?
Funding & Key Investors

Sharebite, the New York-based enterprise food ordering platform, has successfully secured a major strategic investment, bringing its total capital raised to $54M. This latest infusion of $39M underscores the company's rapid ascent within the corporate dining sector, where it distinguishes itself through a unique mission-driven model that integrates social impact directly into the procurement process.

The company's growth trajectory, marked by a significant Series B round in mid-2022 following its Series A financing in 2021, highlights a robust market appetite for specialized B2B food delivery solutions. By aligning corporate meal programs with charitable initiatives, Sharebite has effectively captured the attention of institutional investors and fintech leaders alike.

What is Sharebite?

Sharebite
SoftwareSupply Chain Management (SCM) SoftwareHospitality

Sharebite operates as a specialized food ordering and delivery ecosystem designed exclusively for the corporate environment. Unlike consumer-facing delivery apps, Sharebite focuses on the complexities of enterprise-level logistics, offering features that cater to office-based teams and remote workforces. A core component of its value proposition is its commitment to alleviating childhood hunger; for every meal ordered through the platform, the company facilitates a donation to local communities. This dual-purpose model has positioned Sharebite as a leader in the corporate social responsibility (CSR) space, providing companies with a tangible way to support their employees while simultaneously contributing to social welfare goals.

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 Fiserv, Reign Ventures, Contour Venture Partners, Prosus, and London Technology Club

Key Investors in Sharebite

Fiserv

Fiserv is a global fintech leader providing essential payment processing and financial technology infrastructure that enables digital commerce at scale.

Reign Ventures

Reign Ventures is an early-stage investment fund that provides hands-on support and business development resources to consumer technology and software startups.

Contour Venture Partners

Contour Venture Partners is a New York-based firm specializing in enterprise SaaS and financial services, acting as a strategic partner to transformative management teams.

What's next for Sharebite?

With the recent influx of capital, Sharebite is well-positioned to scale its operations and deepen its integration within the enterprise software stack. The involvement of major fintech players suggests a strategic pivot toward enhancing payment infrastructure and streamlining the financial reconciliation processes inherent in corporate dining. As the company continues to expand its footprint, the focus will likely remain on optimizing the user experience for large-scale organizations and strengthening its network of restaurant partners. By leveraging its unique position at the intersection of food tech and social impact, Sharebite is poised to redefine the standards for corporate employee benefits and procurement technology.

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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 Fiserv. 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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