Funding Details
- Awarder
- StartEngine
- Date Award
- October 17, 2022
- Vertical
- FoodTech
- Funding URL
- View Funding Page
- Premoney Valuation
-
$9,800,000
- Valuation
-
$9,800,000
Company Info
- Founding Year
- 2015
- Traction
- Localvore has facilitated over 1 million meals through their app and has paid over $10 million to restaurant partners. They have seen significant growth in revenue and user base, especially during the COVID-19 pandemic.
- Revenue Amount
-
$10,000,000
- Organizations Involved
- Vermont Everyone Eats program, Vermont Works for Women
- Founders
- Michael Nedell, Daniel White, Gage Griffing
- Company Description
- Localvore is a multi-featured, scalable platform that builds community, supports local restaurants, and enables free meals for people who are experiencing food insecurity. Their platform connects conscious consumers with local restaurants, supporting the local economy and fostering community engagement.
- Market
- Local Food and Restaurant Industry
- Location
-
Burlington,
VT,
US
- Coinvestors
- StartEngine Capital, LLC
Links