Tech Company Financing Transactions
MealPal Funding Round
MealPal closed a $20 million Series B investment round on 9/20/2017. Investors included Menlo Ventures, Bessemer Venture Partners and Comcast Ventures.
Transaction Overview
Company Name
Announced On
9/20/2017
Transaction Type
Venture Equity
Amount
$20,000,000
Round
Series B
Investors
Menlo Ventures (Lead Investor) (Venky Ganesan)
Comcast Ventures (Daniel Gulati)
Proceeds Purpose
The new funding will support further team and market expansion in the United States, United Kingdom, Canada, and Australia, as well as new markets throughout Europe, in the next several months. In addition to helping its members, MealPal will continue to boost the efficiency, profit margins, and sales for restaurant partners.
Company Information
Company Status
Private & Independent
Industry
Consumer
Mailing Address
Undisclosed
New York, NY 11001
USA
New York, NY 11001
USA
Phone
Undisclosed
Website
Email Address
Overview
MealPal is a subscription service that provides members with hundreds of lunch choices around where they live or work for a flat, monthly fee. Users can discover new restaurants and save money, while restaurants can increase revenue during their busiest hour of the day.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Mary Biggins
Browse more venture capital transactions:
Prev: 9/20/2017: Aqua Security venture capital transaction
Next: 9/20/2017: Raise venture capital transaction
Share this article
Where The Data Comes From
We do our best to record tech company VC transactions. VC investment data records on this site are sourced from a variety of public sources. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs