TechCrunch April 10, 2014
Has there ever been a better time to be a startup focused on providing high-quality food to the hungry masses at an affordable price point? Following in the footsteps of big Series A financings for Sprig and Spoonrocket, today Munchery is announcing that it’s raised $28 million in a Series B round led by Shervin Pishevar and Scott Stanford’s Sherpa Ventures. The company will use that money to begin expansion beyond San Francisco, beginning with its plans to soon open up shop in Seattle.
Along with the Sherpa, the round includes investment from Jon Favreau, who’s soon releasing a film on the food industry called Chef, as well as Los Angeles-based street food pioneer Roy Choi. Previous investors e.ventures and Menlo Ventures also joined in the financing.
Munchery works a little bit differently than other food delivery services, in that it allows local chefs to create dishes which are delivered cold and then re-heated by customers at their homes. Chefs prepare dishes in a Munchery-run kitchen, which are available for order online or through mobile apps.
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