# FoodieBytes

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

- Industry: Travel & Leisure
- Headquarters: Burlington, US
- Website: www.foodiebytes.com
- Latest round: Series A (Nov 1, 2011)
- Investors on record: 1

## About

FoodieBytes is an innovative platform focused on enhancing food ordering experiences by connecting vendors with consumers, facilitating convenient access to a diverse range of food options.Founded in 2011 in Burlington, US, FoodieBytes aims to streamline interactions between food vendors and consumers through a digital platform. The company was established by Amit Khetan, who possesses a history of entrepreneurial ventures. Since its inception, FoodieBytes has engaged in one deal, successfully raising an undisclosed amount in Series A financing from Kormeli in November 2011.FoodieBytes is in the process of developing a platform designed to streamline interactions between food vendors and consumers. The primary objective focuses on enhancing the online food ordering experience, aiming to address challenges faced by consumers seeking convenient meal options and vendors looking to improve their operational efficiency. FoodieBytes plans to serve various geographical markets, likely concentrating on urban areas with high food service demand and a base of technology-savvy consumers.Revenue for FoodieBytes is expected to derive from a combination of subscription models and transaction fees associated with its platform. Food vendors and catering services will engage in transactions through a framework where they pay a fee for listing their services and a percentage of sales made via the platform, supporting both B2B interactions with food suppliers and direct-to-consumer transactions. Specific pricing plans and products have not yet been disclosed, but the financial model aims to create recurring revenue streams from partner vendors.FoodieBytes plans to leverage its Series A funding raised in November 2011 to enhance its platform development and market entry strategies. Upcoming products will focus on improving vendor-consumer interactions, with specific release dates to be announced. The company aims to expand into new urban markets with a strong demand for food delivery services, targeting major cities by the end of 2022 to capture a diverse customer base.

## Funding rounds

- Series A, Nov 1, 2011 — Kormeli

## Investors

- Kormeli (https://capitalatlas.ai/funds/kormeli) — Series A