US-based food catering firm Chewse has secured $19m in funding to expand its operations in the Silicon Valley area.
The investors include Foundry Group, 500 Startups and Gingerbread Capital. The latest fundraising round brings the company’s total funding to more than $30m.
Go deeper with GlobalData
Chewse CEO and co-founder Tracy Lawrence was quoted by TechCrunch as saying: “We initially started with a contractor model but then very quickly started to realise our customers often mentioned the host or the driver in their feedback.
“I know there’s a lot of other companies that are like food tech or logistics but for us, it’s all about elevating and improving company culture. We have technology but we’re investing in it to create an exceptional real-life experience.
“On the tech side, we’re using a ton of machine learning and algorithms to learn what people like to eat and create custom meal schedules.”
The company has also announced partnerships with various restaurants such as Smoking Pig, HOM Korean Kitchen and Oren’s Hummus Shop as part of the expansion, reported the news website.
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalDataChewse also plans to double its network by entering new markets by the next year.
Based in Los Angeles, Chewse offers family-style meals to its customers across three markets, which are delivered through its drivers and meal hosts. The company also has a presence in San Francisco, Palo Alto and San Jose.
