N
Nextbite
Food · Denver, United States · Founded 2017
Online ordering management system for restaurants MoreLess
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.
Keywords: virtual restaurants, delivery-only, data-driven, Ordermark, kitchen utilization, profit-sharing, online orders, restaurant partners, revenue growth, food service industry.
Company overview
Nextbite company information
The essential company record, classifications and operating signals in one place.
- Status
- Acquired
- Founded
- 2017
- Headquarters
- Denver, United States
- Employees
- 44
- Open positions
- None listed
- Dealroom signal
- 85.4
Valuation & funding
Nextbite 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 | — |
| SERIES COther financing | Oct 2020 | $120M | $480M | SoftBank · Act One Ventures | — |
| SERIES BOther financing | Jul 2019 | $18M | $72M | Foundry · Mucker Capital · TenOneTen Ventures · Vertical Venture Partners | — |
| SERIES AOther financing | Sep 2018 | $9.5M | $38M | RiverPark Ventures · Nosara Capital · Mucker Capital · TenOneTen Ventures | — |
| SEEDOther financing | Feb 2018 | Mucker Capital · Act One Ventures · TenOneTen Ventures | — | ||
| ANGELOther financing | Jun 2017 | Undisclosed | — |
Growth signals
Nextbite website traffic
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.
Comparisons
Nextbite compared with similar companies
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Talent graph
Nextbite's talent
Source: Dealroom Talent Intelligence.
Investors
9 investors on Nextbite's cap table
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Global footprint
Where Nextbite has talent and traffic
team presence
In the news
Latest news about Nextbite
Recent press, funding announcements, and product moves mentioning Nextbite — open to read from the original sources.
Market sentiment
What the market is saying about Nextbite
An AI-synthesized read of the highest-engagement posts about Nextbite on X over the past 7 days. We rank by likes & retweets, ignore corporate channels, and surface the themes that broke out from real people.
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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