Snackpass gobbles up $70M at a $400M+ valuation as its social food ordering platform crosses 500K users | TechCrunch
While every food delivery company is trying to get an edge on its rivals with discount codes, faster service, and a turn into the realm of spooky with ghost kitchens and dark stores, a startup built on a lighter, social concept — letting people see what their friends are chomping on, making it possible to order food and drinks for each other and group order, with buyers picking it all up for themselves — has just raised a substantial Series B and says that it is already profitable in a number of markets. Snackpass, which describes itself as a “food meets friends” — essentially a social commerce platform for ordering from restaurants; “snack,” the CEO tells me, has a double meaning of eating, and a flirtatious reference to a cutie pie — has picked up a $70 million, a super-sized Series B that it will be using to continue expanding to more markets in the U.S. Conceived four years ago while Kevin Tan, the CEO who co-founded the company with Jamie Marshall, was still a student at Yale stud
Snackpass gobbles up $70M at a $400M+ valuation as its social food ordering platform crosses 500K users | TechCrunch Snackpass gobbles up $70M at a $400M+ valuation as its social food ordering platform crosses 500K users Ingrid Lunden 11:25 AM PDT · June 23, 2021 While every food delivery company is trying to get an edge on its rivals with discount codes, faster service, and a turn into the realm of spooky with ghost kitchens and dark stores, a startup built on a lighter, social concept — letting people see what their friends are chomping on, making it possible to order food and drinks f
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