VANCOUVER, BC – Foodee, a leading corporate meal delivery service enabling companies to order from top local restaurants, has secured the second tranche of a $10M Series A financing led by BDC Capital. Other participating investors include Kensington Capital Partners via the BC Tech Fund, Yaletown Ventures, Structure Capital, and Voyager Capital.
Having successfully expanded into 10 cities across North America, Foodee will use this latest investment to further develop the company’s industry-leading ordering platform, as well as continue expansion.
Foodee is among the first companies to receive investment from the $100 million dollar BC Tech Fund, due to both the company’s considerable growth and also its ability to create jobs and strengthen local economies. Foodee provides restaurants with off-peak hour demand for corporate meals. Restaurants are able to fill orders outside busy hours, increasing revenue and optimizing capacity.