Nextbite

company

About

Nextbite is an online ordering management system for restaurants.

  • 101 - 250

Details

Last Funding Type
Series A
Last Funding Money Raised
$9.50M
Industries
Information Technology,Restaurants,SaaS,Software
Founded date
Jan 10, 2017
Number Of Employee
101 - 250
Operating Status
Active

Nextbite is an online ordering management system for restaurants. It addresses a big and growing challenge for restaurants: online ordering services, which drive tremendous revenue to restaurants, each operates differently with their own technology and procedures for handling orders. This makes adding new online ordering services costly and time-consuming for restaurants. It helps restaurants increase efficiency and grow profits by aggregating mobile orders across all of the major online-ordering service providers into a single dashboard and printer.

Nextbite powers the technology behind Nextbite, one of the early pioneers in the virtual restaurant space. Nextbite’s portfolio of virtual-only restaurant brands generates incremental orders for under-utilized kitchens.

It was founded in 2017 and is based in Los Angeles, California.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
2
$27.50M
Nextbite has raised a total of $27.50M in funding over 2 rounds. Their latest funding was raised on Jul 29, 2019 from a Series B round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Jul 29, 2019 Series B $18M 1 Foundry Group Detail
Sep 5, 2018 Series A $9.50M 1 Detail

Investors

Number of Lead Investors
Number of Investors
1
2
Nextbite is funded by 2 investors. Foundry Group and AARD Capital are the most recent investors.
Investor Name Lead Investor Funding Round
Foundry Group Yes Series B
AARD Capital Series A