online food ordering Archive

Online food delivery still presents a $210B market opportunity

Editor’s note: Eric Kim is co-founder and CEO of RushOrder, an L.A.-based mobile food ordering startup.  I wrote last year about the broad, secular shift to online food ordering, and the significant capital inflows into the space that we were seeing. Fast-forward a year, and we’re now looking at a very different funding environment. According to research firm CB Insights, international inflows of capital to …

While many on-demand food startups fail to deliver, iFood picks up $30 million to expand in Latin America

Startup food delivery businesses may have spoiled globally, but investors in Latin America think at least one startup has a fresh take on the industry. The Brazilian on-demand food delivery company, iFood has picked up $30 million in new financing to expand regionally and solidify its grip over the online food delivery markets South of the US border. While Olympic athletes are going for the gold in …

Drizly pulls in $15 million Series B to power liquor-based eCommerce

Drizly, the on-demand booze delivery startup, has today announced the close of a $15 million Series B funding round, led by Polaris Partners, with participation from existing investors. Drizly operates in a very similar manner to Uber, providing the technology infrastructure that allows liquor retailers the opportunity to provide their own on-demand service, as well as an ecommerce platform through Drizly Connect. On the platform, …