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Nextbite
Online ordering management system for restaurants
About Nextbite
Nextbite operates in the food service industry, specializing in virtual restaurant brands that are designed for delivery-only models. The company partners with existing restaurants to utilize their kitchen space and staff to fulfill orders from Nextbite's curated virtual brands. This approach allows restaurants to generate additional revenue without the need for upfront costs. Nextbite's business model focuses on leveraging data to create brands that meet consumer demand, thereby increasing order volume and profitability for partner restaurants. The company serves a diverse range of clients, primarily existing restaurants looking to maximize their kitchen utilization and revenue streams. By integrating with Ordermark, a platform for managing online delivery orders, Nextbite simplifies the process of handling multiple delivery services, making it easier for restaurants to manage their operations. The company generates revenue through a profit-sharing model, taking a percentage of the profits generated from the virtual brands.
Source: Dealroom company dataAt a glance
- Status
- Acquired
- Founded
- 2017
- Headquarters
- Denver, United States
- Employees
- 44
- Open positions
- None listed
- Dealroom signal
- 85.4/100
- Industry
- Food, Enterprise Software
- Sub-industry
- In-store Retail & Restaurant Tech
- Sector
- Food, Risk Management, Restaurant Tech, Dark Kitchen, Food B2B
- Business model
- SaaS
- Client focus
- b2b
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| ACQUISITIONOther financing | Jun 2023 | $0 | — | Sam Nazarian | ↗ |
| FundingOther financing | Feb 2021 | $0 | — | Undisclosed | — |
Growth signals
Latest recorded traffic for Nextbite is 1.1K monthly website visits, down 26.7% over the last three months. Nextbite's team grew 15.8% over the past year.
Similar companies
Company identity and context are open; selected comparison metrics preview what is available on the platform.
Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed3 investors entered at this stage
Mucker Capital
Act One Ventures
TenOneTen Ventures
Series A4 investors entered at this stage
RiverPark Ventures
Nosara Capital
Vertical Venture Partners
Foundry
Series B and later1 investor entered at this stage
Other known investors1 additional known investor
Sam Nazarian
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Nextbite 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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