f95zoneusa

Search
Close this search box.
Search
Close this search box.

Goldbelly A $100 million bet on cross country delivery

goldbelly us 100m seriesmerced yorktimes

When the Covid pandemic began in 2020, all restaurant owners and food vendors were in trouble. They were all wondering how they would make money when people were not allowed in the restaurants. Di Fiara, one of New York’s finest pizza shops, had the same question as many others across the country and around the world. One obvious solution for Di Fiara was to collaborate with Goldbelly, an eight-year-old e-commerce platform, to ship frozen (and slightly smaller) versions of its classic pies across the country. Goldbelly Us 100m Seriesmerced Yorktimes.

Di Fara’s two-year-old second location in a food hall was converted into a Goldbelly production line after sales skyrocketed. Margaret Mieles, Di Fara’s founder’s daughter, credits the platform with preventing layoffs. Not only have famous pizzerias relied on Goldbelly to stay open during lockdowns. Since the outbreak, more than 400 of the 850 restaurants that sell food on Goldbelly’s platform have joined, resulting in an increase in sales that the company claims has more than quadrupled in the last year. Goldbelly us 100m new yorktimes.

At the back of this Goldbelly announced that it has raised $100 million in Series C fundings to empower chefs and restaurants with national E-commerce. Growth equity firm Spectrum Equity led the round with participation from existing investor Intel Capital. Goldbelly us seriesmerced yorktimes.

“According to Goldbelly, food has a magical, emotional power. As a result, we’ve developed the first platform that connects people to the foods, places, and experiences that are important to them — regardless of where they are “Goldbelly’s founder and CEO, Joe Ariel, stated “This investment allows us to continue redefining how consumers can interact with the foods and restaurants they love from the comfort of their own homes as pioneers in the world of food e-commerce. We are thrilled to be collaborating with Pete Jensen and the Spectrum team to shape the restaurant industry’s omnichannel future. Goldbelly us new yorktimes.

With this new round of funding, the company will be able to further scale the platform’s technology and operations while also accelerating the onboarding of new chef and restaurant partners. It will also be used to launch new content initiatives, building on the success of Goldbelly’s interactive, virtual cook-along series, GoldbellyLIVE!, and to provide consumers with new ways to interact with their favourite foods, experiences, and chefs outside of the restaurant setting.

About Goldbelly

Goldbelly is the nation’s first food e-commerce platform. The company’s mission is to connect people with their favorite foods, restaurants, and experiences wherever they are. Joe Ariel, the company’s founder and CEO, and his team of “Food Explorers” travel the country in search of the most unique, creative, and legendary foods and makers – everything from the country’s top chefs and most iconic restaurants to the most renowned bakeries, pizzerias, pitmasters, and artisan shops. With an ever-expanding, curated selection of over 10,000 of the nation’s best regional, small-batch foods, Goldbelly empowers restaurants and foodmakers by providing a platform for small, local businesses to reach new customers outside of their local area. This does tell the growth they have taken.