Foodsby

The business model centers on creating a logistical advantage for both restaurants and consumers in suburban and less-dense urban areas, markets often challenging for other delivery platforms. Foodsby partners with office buildings to become a recognized amenity, allowing employees to order lunch from a rotating selection of local and national restaurant partners via a web or mobile application. Revenue is generated through a flat, per-order delivery fee, which was $1.99 as of July 2019. This structure eliminates order minimums and tipping, providing an affordable and predictable cost for employees. For restaurants, the platform offers incremental revenue by allowing them to schedule large, single-drop deliveries during off-peak hours, making the process profitable and sustainable.

The service functions by having users place their orders by a set cutoff time, typically mid-morning. Foodsby then bundles all orders for a specific building and sends them to the restaurant, which performs one bulk delivery to a centralized pickup point within the building. Significant milestones include raising over $20 million in funding through multiple rounds, including a $5.9 million Series A and a $13.5 million Series B, which fueled expansion into numerous U.S. markets. By 2019, the company had grown to 150 employees and launched "Foodsby Meetings" to facilitate group ordering. In 2024, Foodsby was acquired by Fooda, a broader workplace food service company, a move intended to expand its platform nationwide and enhance service offerings for both companies' client bases.