Sharebite

Sharebite

Meal benefits platform for employees' meals

About Sharebite

Simplify's Rating
Why Sharebite is rated
C+
Rated D+ on Competitive Edge
Rated A on Growth Potential
Rated C on Rating Differentiation

Industries

Food & Agriculture

Social Impact

Company Size

51-200

Company Stage

Late Stage VC

Total Funding

$78.5M

Headquarters

New York City, New York

Founded

2015

Overview

Sharebite provides a meal benefits platform that allows companies to offer meals to their employees, regardless of whether they are working in-office, remotely, or in a hybrid environment. The platform aims to improve employee performance and strengthen workplace culture by ensuring that employees feel supported through meal benefits. Sharebite partners with organizations like Feeding America® and City Harvest, committing to donate a meal for every meal ordered, which helps address food insecurity. This focus on social good sets Sharebite apart from its competitors. The company's goal is to enhance the workplace experience for employees while also contributing positively to the community. Sharebite generates revenue through its meal ordering services, catering to various workplace settings.

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Simplify's Take

What believers are saying

  • Ranked 35th on Deloitte's 2024 Technology Fast 500, showing strong growth.
  • Partnership with Instacart expands offerings to groceries and snacks.
  • Adam Landsman joins as Head of Growth, potentially driving further expansion.

What critics are saying

  • Increased competition from platforms like Foodja could erode market share.
  • Economic downturns may reduce corporate spending on meal benefits.
  • Rapid growth may strain resources, leading to operational inefficiencies.

What makes Sharebite unique

  • Sharebite donates a meal for every transaction, addressing food insecurity.
  • Partnerships with Feeding America and City Harvest enhance social impact.
  • Recognized by Inc., Fast Company, and Crain's for workplace culture and innovation.

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Funding

Total Funding

$78.5M

Above

Industry Average

Funded Over

5 Rounds

Late VC funding comparison data is currently unavailable. We're working to provide this information soon!
Late VC Funding Comparison
Coming Soon

Benefits

Health Insurance

Company Equity

Growth & Insights and Company News

Headcount

6 month growth

1%

1 year growth

-2%

2 year growth

-2%
PR Newswire
Nov 21st, 2024
Sharebite Named 35Th Fastest-Growing Company In North America On Deloitte'S 2024 Technology Fast 500™

Amid a Three-Year Revenue Growth of 4,914%, Sharebite's Hypergrowth Continues with Rising Demand for its Category-Defining Corporate Meal Benefits Solutions. NEW YORK, Nov. 21, 2024 /PRNewswire/ -- Sharebite, the leading meal benefits platform built exclusively for companies, today announced it has been ranked 35th on the Deloitte Technology Fast 500™, a ranking of the fastest-growing technology, media, telecommunications, life sciences, fintech, and energy tech companies in North America. Sharebite's recognition underscores the company's accelerated growth trajectory and its role as a pioneer in the meal benefits industry. As organizations navigate the complexities of today's workforce—spanning in-office, remote, and hybrid environments—Sharebite's flexible, adaptable solutions that drive meaningful employee engagement have become a must-have benefit for hundreds of the world's most reputable companies

Spectrum News
Jun 9th, 2024
Food-ordering platform works to fight food insecurity in the city

The food-ordering platform Sharebite is working with the nonprofit City Harvest to help fight food insecurity in the city.

PR Newswire
Apr 23rd, 2024
Adam Landsman Joins Sharebite as Head of Growth

NEW YORK, April 23, 2024 /PRNewswire/ - Sharebite, the leading corporate meal benefits platform designed for the modern workforce, today announced that Adam Landsman has joined the company's leadership team as SVP and Head of Growth.

U.S. Securities and Exchange Commission
Feb 23rd, 2024
SEC FORM D

The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.The reader should not assume that the information is accurate and complete.

Grocery Insight Magazine
Dec 12th, 2023
Sharebite Partners with Instacart to Bring Groceries and Snacks to Companies

Sharebite, the leading meal benefits platform designed for the modern workforce, today announced its partnership with Instacart, the leading grocery technology company in North America, to offer corporate clients an easier way to procure fresh groceries and snacks for the office.

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