# Chewse

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/chewse

- Industry: Internet
- Headquarters: San Francisco, US
- Website: www.chewse.com
- Total disclosed funding: $34M
- Latest round: Series C (Dec 3, 2018)
- Investors on record: 15

## About

Chewse Inc. is a corporate catering platform that connects businesses with local restaurants, providing an efficient solution for employee meal delivery tailored to various dietary preferences and needs.Founded in 2012 and headquartered in San Francisco, US, Chewse Inc. specializes in facilitating meal delivery for corporate clients. The company has successfully raised USD 19.00 mn in Series C funding, led by Foundry Group, with additional participation from 500 Global, GingerBread Capital, and Overtime.vc. Chewse has a total of 10 deals completed to date and has been involved in strategic pivots to enhance its service offerings. The CEO and founder, Ryan Spong, has a history of entrepreneurship, contributing to the company’s innovative approach to corporate catering.Chewse operates in the corporate catering space, providing a platform that connects businesses with local restaurants and caterers to facilitate a seamless meal delivery experience for employees. Their core service offering revolves around curated meal programs that cater to diverse dietary preferences and workplace needs, enabling companies to order meals for meetings, events, or daily employee lunches. Chewse’s platform allows clients to browse a variety of menu options, place orders, and manage logistics, ensuring that employees receive fresh, high-quality meals. The company primarily serves clients in urban markets across the United States, targeting businesses of various sizes, from startups to established corporations, that seek to enhance employee satisfaction and engagement through convenient meal solutions.Chewse generates revenue through a transaction-based model where clients pay for meal orders placed through the platform, typically involving a service fee in addition to the cost of the meals. The company engages in partnerships with local restaurants and caterers, resulting in a revenue-sharing structure that supports both the food providers and Chewse. Transactions are structured as B2B, with businesses placing bulk orders or subscriptions for regular meal deliveries. Chewse's flagship offerings include customizable meal packages tailored to specific events or workplace needs, with pricing depending on the selected meal options and service levels required. This focus on corporate clients allows Chewse to build long-term relationships, facilitating repeat business and a consistent revenue flow.Chewse Inc. is actively exploring opportunities to enhance its service capabilities and reach. The company plans to introduce new meal program offerings designed to further meet diverse dietary needs, with a target launch date in late 2024. Additionally, Chewse aims to expand its geographic presence into new urban markets across the US, specifically targeting the East Coast by 2025. Recent funding from the Series C round will be utilized to support these product development initiatives and market expansion strategies. Deals such as those involving Upslope Ventures and the acquisition by Foodee Media Inc. have also positioned Chewse for strategic growth.

## Funding rounds

- Series C, Dec 3, 2018, $19M — Foundry Group, 500 Global, GingerBread Capital, Overtime.vc
- Series B, May 30, 2017, $7M — Foundry Group, Telegraph Hill Capital, Upslope Ventures, Milliways Ventures, Rocketship.vc
- Series A, Aug 3, 2015, $5.9M — Foundry Group, 500 Global, Telegraph Hill Capital, Upslope Ventures, RiverPark Advisors
- Seed, Feb 23, 2015, $0.7M — Milliways Ventures, SGH Capital
- Seed, Aug 1, 2014 — Zillionize Angel, First Ascent Associates
- Seed, Apr 1, 2013, $1M — Telegraph Hill Partners, 500 Global, TSVC, InnoSpring
- Seed, Oct 31, 2012 — 500 Global

## Investors

- 500 Global (https://capitalatlas.ai/funds/500-global) — Seed, Series A, Series C
- Telegraph Hill Partners (https://capitalatlas.ai/funds/telegraph-hill-partners) — Seed
- TSVC (https://capitalatlas.ai/funds/tsvc) — Seed
- InnoSpring (https://capitalatlas.ai/funds/innospring) — Seed
- Zillionize Angel (https://capitalatlas.ai/funds/zillionize-angel) — Seed
- First Ascent Associates — Seed
- Milliways Ventures (https://capitalatlas.ai/funds/milliways-ventures) — Seed, Series B
- SGH Capital (https://capitalatlas.ai/funds/sgh-capital) — Seed
- Foundry Group (https://capitalatlas.ai/funds/foundry-group) — Series A, Series B, Series C
- Telegraph Hill Capital (https://capitalatlas.ai/funds/telegraph-hill-capital) — Series A, Series B
- Upslope Ventures (https://capitalatlas.ai/funds/upslope-ventures) — Series A, Series B
- RiverPark Advisors (https://capitalatlas.ai/funds/riverpark-advisors) — Series A
- Rocketship.vc (https://capitalatlas.ai/funds/rocketship-vc) — Series B
- GingerBread Capital (https://capitalatlas.ai/funds/gingerbread-capital) — Series C
- Overtime.vc — Series C