About

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 approach not only serves corporate clients but also contributes positively to society. Sharebite has received recognition from various organizations, including Inc.’s Best in Business and Fast Company's World Changing Ideas. The company generates revenue through its meal ordering platform, catering to a wide range of workplace settings.

Simplify's Take

What believers are saying

• The recent $39M Series B funding round provides significant capital for expansion and innovation.
• Partnerships with major companies like Instacart and Vornado Realty Trust enhance Sharebite's market presence and credibility.
• The launch of Passport demonstrates Sharebite's commitment to adapting to hybrid work models and providing flexible meal solutions.

What critics are saying

• The competitive landscape of corporate food delivery is intense, with numerous players vying for market share.
• Dependence on partnerships for service delivery could pose risks if any partnerships dissolve or underperform.

What makes Sharebite unique

• Sharebite focuses exclusively on corporate meal benefits, setting it apart from general food delivery services.
• Their partnership with Instacart to offer groceries and snacks adds a unique value proposition for corporate clients.
• Sharebite's mission-driven approach, including initiatives to fight food insecurity, distinguishes it from competitors.

Help us improve and share your feedback! Did you find this helpful?

YesNo