# Byte Foods

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/byte-foods

- Industry: Food
- Headquarters: San Rafael, US
- Website: www.bytefoods.co
- Total disclosed funding: $5.5M
- Latest round: Seed (Dec 28, 2016)
- Investors on record: 3

## About

Byte Foods, Inc. is dedicated to providing fresh, convenient meal solutions tailored for office environments, enhancing employee wellness and productivity through accessible food options.Founded in 2015 in San Rafael, US, Byte Foods, Inc. specializes in delivering fresh meals and snacks to office environments. The company has undergone three funding rounds, with the most recent investment of USD 3.92 mn received on September 27, 2018. Byte Foods operates without any known parent or subsidiary companies and focuses solely on providing food solutions to various businesses, including Fortune 500 companies.Byte Foods specializes in delivering fresh, convenient meals for office environments, emphasizing employee wellness and productivity. Its core offerings consist of meals, snacks, and beverages sourced from high-quality, local brands. The company stocks food in client offices daily, allowing employees to purchase food at any time. This service addresses the challenges of providing accessible food options in workplaces, accommodating diverse needs from teams of developers to overnight shift workers. Byte Foods serves a wide range of clients across multiple sectors, adapting its solutions to fit any office size and budget, ensuring fresh, nutritious options tailored to each workplace.Byte Foods generates revenue through a month-to-month service model, requiring no long-term commitments from clients. Operating primarily on a B2B basis, offices partner with Byte to receive regular food deliveries. Clients pay for the meals and snacks consumed by employees, creating a direct link between employee usage and revenue. Byte Foods provides monthly metrics to clients detailing employee participation, productivity savings, and healthy meals consumed, reinforcing the value of its services. The pricing structure accommodates varying office sizes and budgets; however, specific costs for products and services are not disclosed.Byte Foods plans to use its recent funding of USD 3.92 mn to enhance its product offerings and expand into new geographic markets. The company is currently designing new meal options to launch in the upcoming year, aiming to cater to an even broader client base. Additionally, Byte Foods intends to target expansion into regions beyond its current markets over the next two years, focusing on areas with a high concentration of office environments to maximize its impact on workplace wellness.

## Funding rounds

- Seed, Dec 28, 2016, $5.5M — Bessemer Venture Partners, Spring Creek Ventures, Bolt

## Investors

- Bessemer Venture Partners (https://capitalatlas.ai/funds/bessemer-venture-partners) — Seed
- Spring Creek Ventures — Seed
- Bolt (https://capitalatlas.ai/funds/bolt) — Seed