What is Sharebite?
Based in New York, NY, Sharebite operates as a mission-driven food ordering and delivery platform designed exclusively for businesses. The company collaborates with restaurants to facilitate meal donations aimed at combating childhood hunger within communities, linking each customer purchase to a charitable contribution. This unique model positions Sharebite not just as a food service provider but as a socially conscious enterprise.
How much funding has Sharebite raised?
Sharebite has raised a total of $54M across 2 funding rounds:
Series A
$15M
Series B
$39M
Series A (2021): $15M with participation from Lafayette Square
Series B (2022): $39M led by Prosus, Fiserv, London Technology Club, Reign Ventures, and Contour Venture Partners
Key Investors in Sharebite
Prosus
Prosus is a global consumer internet group and a significant technology investor, focusing on online classifieds, food delivery, payments, and education technology. They actively seek to partner with entrepreneurs using technology to improve daily lives.
Fiserv
Fiserv provides financial services technology worldwide, offering solutions for payments, banking, and risk management to financial institutions and merchants. Their investment likely aligns with the fintech aspects of Sharebite's operations.
London Technology Club
London Technology Club is an exclusive members club focused on connecting investors and tech professionals, facilitating investment in disruptive technologies and late-stage tech companies. Their involvement suggests a strategic interest in innovative tech solutions.
What's next for Sharebite?
The recent major strategic investment signals a pivotal phase for Sharebite, likely enabling expansion of its corporate partnerships and enhancement of its technology infrastructure. With a focus on scaling its operations and deepening its impact on childhood hunger initiatives, Sharebite is poised to further solidify its presence in the corporate wellness and food delivery sector. Future growth may involve broader geographic reach and the integration of new features to streamline the corporate ordering experience.
See full Sharebite company page
