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Palette Labs

Decentralized NOSH protocol for restaurant delivery

Overview

Palette Labs runs Nosh Delivery through the NOSH protocol, a decentralized food-delivery network that connects restaurants, drivers, and consumers. Its product lets restaurants own a stake in the marketplace, which lowers fees and gives them more control over how deliveries are run, while drivers earn rewards through network ownership for active participation. Consumers get cheaper and more reliable delivery. The NOSH protocol handles transactions among all participants, and revenue comes from service fees that are lower thanks to the decentralized model. The company differentiates itself from incumbents like Uber Eats and DoorDash by sharing ownership with restaurants and drivers, creating a community-owned marketplace. Palette Labs’ goal is to reduce costs, improve service quality, and scale the decentralized network to benefit all parties in the delivery ecosystem.

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About Palette Labs

Simplify's Rating
Why Palette Labs is rated
D+
Rated D+ on Competitive Edge
Rated D+ on Growth Potential
Rated D+ on Differentiation

Industries

Food & AgricultureConsumer SoftwareEnterprise SoftwareCrypto & Web3

Company Size

1-10

Company Stage

Seed

Total Funding

$280K

Headquarters

Miami, Florida

Founded

2020

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Simplify's Take

What believers are saying

  • Google Play updated Nosh on July 19, 2026, signaling ongoing usage.
  • Apple listed Nosh Delivery on July 16, 2026, preserving consumer distribution.
  • Northern Colorado operations continued after Boulder closed, keeping a live market foothold.

What critics are saying

  • Boulder Nosh shut down February 13, 2025 after $164,000 city support ended.
  • Palette Labs has only $280,000 total funding, starving acquisition and support.
  • If NoCo weakens in 2026, the decentralized protocol thesis collapses regionally.

What makes Palette Labs unique

  • Palette Labs owns Nosh through restaurants, not venture-scale intermediaries.
  • July 2026 app updates show active product maintenance and distribution.
  • Its co-op structure targets lower fees for local restaurants and drivers.

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Funding

Total Funding

$280k

Below

Industry Average

Funded Over

1 Rounds

Seed funding is usually the first official round after pre-seed, when a startup has a prototype or concept. It’s typically used to develop the product, test the market, and start building the team. Investors here are often angel investors or early-stage venture capitalists.
Seed Funding Comparison
Below Average

Industry standards

$3.3M
$280k
$1.5M
$2M
$2.3M
$3M

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