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Cut&Dry

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The Foodservice Industry’s Best Digital Customer Experience

Palo Alto, United StatesFounded 2018Food
Valuation $50–100M Last recorded · 2022
Headcount 100–500 Current team size
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Cut&Dry and the history behind them.

About Cut&Dry

Cut+Dry operates as a B2B commerce enablement platform specifically targeting the foodservice industry. Founded in 2019 and based in Palo Alto, California, the company was established by the team that previously architected and led the digital transformation at Sysco, a major player in food distribution. This founding team, including CEO and Co-Founder Mani Kulasooriya and COO and Co-Founder Jim O'Connor, leveraged their deep experience from creating Sysco LABS to address the antiquated, often analog, processes they observed in wholesale food procurement. Kulasooriya and O'Connor had prior entrepreneurial success, having also founded Cake POS, which was acquired by Sysco.

The company's core business revolves around providing a comprehensive, cloud-based platform that connects food manufacturers, distributors, and restaurants. Its primary clients are independent foodservice distributors, who use the platform to manage orders, streamline payments, and enhance customer relationships. The business model is centered on providing a Software-as-a-Service (SaaS) solution that helps these distributors grow revenue, accelerate payment collection, and reduce operational overhead. For restaurants, the platform unifies the fragmented process of ordering supplies and paying bills from multiple suppliers into a single digital interface. For manufacturers, it offers a channel to manage product data, control brand content, and syndicate information to over 12,000 distributors.

The Cut+Dry platform offers a suite of features designed to digitize the entire procurement lifecycle. This includes digital catalogs, custom order guides, flexible pricing structures, and real-time delivery tracking. A significant differentiator is its AI-powered tool, "Yes, Chef," which provides distributors with data-driven product recommendations and digital prospecting capabilities to identify new customers by scanning restaurant menus. The platform is designed for rapid implementation, with the ability to go live in under 30 days and integrate with over 50 unique ERP systems. In early 2025, the company announced a partnership with Instacart to integrate its "Carrot Ads" technology, creating a large digital advertising platform for the foodservice industry and opening new revenue streams for its distributor partners. This allows food manufacturers to directly market to buyers at the point of sale.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2018
Headquarters
Palo Alto, United States
Employees
146
Open positions
1
Dealroom signal
72.6/100
Industry
Food
Sub-industry
In-store Retail & Restaurant Tech
Sector
Food
Business model
SaaS
Client focus
b2b
Investment activity
1 company, latest Aug 2026
Capital deployed
—
Preferred round
ACQUISITION

Funding history

4 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
LATE VC✓Equity / VC Nov 2022 $17M $66M Undisclosed ↗
SEEDEquity / VC Jan 2022 $250K $1M Branded Strategic Hospitality —
Showing the latest 2 of 4 recorded eventsBook a demo for the full funding history →

Growth signals

Cut&Dry website traffic

Latest recorded traffic for Cut&Dry is 270K monthly website visits, down 6.9% over the last three months. Cut&Dry's team grew 9.8% over the past year.

Latest monthly visits270K 3-month web change-6.9% 1-year team growth+9.8%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

4 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed2 investors entered at this stage

Other known investors2 additional known investors

  • Burst Capital
  • Fika Ventures
Team profiled 15 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 5 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
8 countries with
team presence
🇱🇰 Sri Lanka61.2%
🇺🇸 United States25.9%
🇨🇦 Canada7.8%
🇦🇺 Australia1.7%
🇫🇮 Finland0.9%
Top 5 of 8 shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Cut&Dry on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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