Sharebite

Sharebite

Corporate meal-benefits platform with donations

Overview

Sharebite provides a meal benefits platform for employers to offer meals to employees across in-office, remote, and hybrid work. Employees order meals through the platform, and for every meal ordered Sharebite donates one meal via Feeding America and City Harvest, supporting hunger relief. The platform integrates with employers’ benefits and catering options to streamline meal selection and fulfillment for teams. Its social-impact focus and recognition from notable outlets help differentiate it, with the goal of boosting employee performance and workplace culture through convenient, responsible meals.

About Sharebite

Simplify's Rating
Why Sharebite is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Food & Agriculture

Consumer Software

Enterprise Software

Social Impact

Company Size

51-200

Company Stage

Debt Financing

Total Funding

$93.9M

Headquarters

New York City, New York

Founded

2015

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Simplify's Take

What believers are saying

  • Gibraltar's $12.5 million revolver funds growth, technology, and working capital.
  • Adam Landsman's April 2024 hiring strengthens Sharebite's sales and growth execution.
  • Instacart partnership expands Sharebite into office groceries and snacks.

What critics are saying

  • Debt service pressure rises if receivables slow or renewal churn increases.
  • Instacart's broader distribution can commoditize Sharebite's adjacent workplace food wallet.
  • Donation-linked pricing is easier for procurement teams to cut in downturns.

What makes Sharebite unique

  • Exclusive enterprise meal benefits platform for office, remote, and hybrid workers.
  • Passport enables flexible meal allowances usable at nearly any food merchant.
  • Every order triggers a meal donation through City Harvest and Feeding America.

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Funding

Total Funding

$93.9M

Above

Industry Average

Funded Over

8 Rounds

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

Benefits

Health Insurance

Company Equity

Growth & Insights and Company News

Headcount

6 month growth

-2%

1 year growth

0%

2 year growth

0%
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.

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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