Weather New York, NY +68°F

Regions

Food startup SpoonRocket raises $10M to deliver food to San Francisco and East Bay customers in 15 minutes

Close
(Credit: SpoonRocket) This image file contains the company logo of Berkeley, US-based on-demand food startup SpoonRocket.SpoonRocket
April 10
8:57 AM 2014

Food startup SpoonRocket has secured $10 million in funding to deliver meals to San Franciso and East Bay for $8 within 15 minutes. Foundation Capital and General Catalyst are the investors in this round, according to TechCrunch.

SpoonRocket wants to become the quickest and most convenient meal delivery service for its clients. To achieve that goal, the startup presents its customers with several meal choices that cost $8 each. People can order food via online or using the company's mobile app and wait for it to be delivered within a few minutes, the report explained.

To keep the food warm, SpoonRocket uses a customized heating compartment built into its delivery vehicles. Unlike its competitors that serve only lunch or dinner, the Berkeley-based startup aims to deliver meals all throughout the day. Its charge is also $2 cheaper than most of its rivals, the report detailed.

SpoonRocket is a product of Y Combinator, It had previously closed $2.5 million in its seed round, TechCrunch reported.

© 2019 VCPOST, All rights reserved. Do not reproduce without permission.
Tags
Share

Comments

Join the Conversation

Subscribe to VCpost newsletter

Sign up for our Deals of the Day newsletter.
We will not spam you!

Real Time Analytics