Fooda Brings In $12.5 Million
Consumer startup Fooda announced the completion of $12.5 million in financing, led by Valor Equity Partners, with participation from Lightbank and KGC Capital.
Fooda provides workplace food programs by partnering with companies and office buildings to provide restaurant-based meal services. Employers can either host a daily variety of top-rated local restaurants that serve in office lobbies or company break rooms, or schedule regular staffed and served catering, drop catering, and individual online order delivery for their employees. Fooda works with a network of more than 500 restaurants and is currently available in Atlanta, Boston, Chicago, Dallas, Houston, Los Angeles, Nashville, New York City, Philadelphia, and San Jose.
In its announcement, the company said Fooda will use the funding to continue its geographic expansion.