WoodSpoon, the home-cooked delivery service connecting local home chefs with customers craving homemade food, has raised $14M in Series A funding led by Restaurant Brands International (RBI) with participation from World Trade Ventures (WTV), Victor Lazarte and other individual investors to accelerate growth through R&D, marketing and the doubling of its team in order to expand into new markets.
“Just as Uber provides ride-sharing and AirBnB provides home-sharing, food-sharing is the next natural progression,” said Oren Saar, CEO and co-founder of WoodSpoon. “This latest round shows that there is immense value in our platform to bring people together around home-cooked food and allow local home chefs to provide their meals to the masses through WoodSpoon. We’re excited to continue growing and onboarding new customers and home chefs.”
“We are very excited to support WoodSpoon in its mission to develop a community-based marketplace centered around food sharing,” said Josh Kobza, Chief Operating Officer of RBI. “We have been accelerating our digital agenda at RBI over the last several years and believe the future of restaurants includes a fully integrated digital experience for guests. Our journey to be a leader in the digital restaurant space includes learning about new service modes and emerging trends and we are proud to support and learn from such a passionate and talented team.”
Arya has been a part of the Content & Research Team at Hrnxt.com. She is a keen observer of economic developments, emerging businesses, people in business and keeps a tab on latest happenings in the business environment.