Goldbely raises a $10M Series A to ship you food from America’s most popular restaurants
Goldbely, the specialty food delivery service, has closed $10 million in Series A funding. The round was led by Global Founders Capital and Intel Capital (which also led the companys seed round). As part of the investment, Goldbely is joining the Intel Capital Diversity Fund. Goldbelys goal is to send you the best food from cities around the U.S, no matter where you are based. So you could be in LA and get a cheesesteak from Jims in Philly delivered overnight, or Momofuku Birthday Cake Truffles from New York dropped on your doorstepin Austin. Within the past year alone the company has facilitated more than 200,000 orders which equals a 200 percent year-over-year increase in customers. Most of the food on Goldbely comes from restaurants that previously hadnt shipped their specialty items. Thats what makes the platform so special before Goldbely, youd have to literally go to that city to eat the food (or have a really nice friend sendit to you). In total, the startup works with 300 food partners around the U.S and delivers to all 50 states. While this sounds like a lot, Goldbely says that only 3 percent of food merchants are approved to join the platform. Of course, the luxury of eating a meal from a restaurant that is thousands of miles a way doesnt come cheap. For example, two pizzas from Joes Pizza in New York will set you back $79 dollars, or about double what Joes charges if you were in the store. While thisincludes shipping, its pricing definitely makes it more ofa treat than an everyday meal option.
Read Full Article at https://techcrunch.com/2017/03/08/goldbely-raises-a-10m-series-a-to-ship-you-food-from-americas-most-popular-restaurants/
Tags: austin, birthday, capital, company, companys, course, delivery, diversity, example, friend, funding, increase, investment, luxury, matter, option, percent, pizzas, platform, restaurant, sendit, series, service, shipping, specialty