Consumer Startup MealPal Secures $20 Million

MealPal announced the completion of $20 million in Series B financing, led by Menlo Ventures. Bessemer Venture Partners, Comcast Ventures, Haystack Fund and NextView Ventures also participated in the funding.

MealPal is a subscription service that provides members with hundreds of lunch choices near where they live or work for a flat monthly fee. Users can discover new restaurants and save money, while restaurants can increase revenue during their busiest hours of the day.

According to the company, the new funding will support further team and market expansion in the United States, the United Kingdom, Canada, and Australia, as well as new markets throughout Europe, in the next several months. In addition to helping its members, MealPal will continue to boost sales, efficiency and profit margins for restaurant partners.