About Byte Foods
Byte Foods is a Consumer company based in San Francisco (United States) founded in 2015, and was acquired by Garten in January 2020. Healthy food options are delivered to workplaces via refrigerated dispensers. It operates in the Consumer and Retail sectors. Byte Foods has raised $9.49 million across 5 funding rounds from investors including Bessemer Venture Partners, garten and Bolt. Byte Foods has completed 1 acquisition, including Pantry Retail. Byte Foods offers products and services including Smart Fridge and Meal Delivery Service. Its focus areas include Food and Agriculture Tech, Online Grocery, Smart Vending Machine and Food. Its competitors include 365 Retail Markets, Farmer's Fridge and ZoomSystems; 2 of its 3 listed competitors have raised funding.
Company details
Byte Foods was founded in 2015 in San Francisco, United States, focusing on fresh-food solutions for workplaces. IoT-enabled refrigerated dispensers are used to supply healthy options to employees. Access is granted by swiping a credit card, with charges applied based on items removed. Pantry Retail was acquired in May 2016 to enhance the dispenser technology. Operations center on automated, contactless food distribution in office settings.
- Headquarters San Francisco, United States
- Stage Acquired
- SectorsConsumerRetail
- Email••••••••
- Website bytefoods.co
- Social LinkedIn X Facebook
- Acquired by Garten (Jan 2020)
- Total Equity Funding$9.49M (USD)
in 5 rounds
- Latest Funding Round$3.92M (USD), Series A
Sep 2018
- InvestorsBessemer Venture Partners
& 4 more
- Investments & Acquisitions
- Acquired byGarten
(Jan 2020)
Products & Services of Byte Foods
Byte Foods offers a comprehensive portfolio of products and services, including Smart Fridge and Meal Delivery Service.
Delivers fresh meals and snacks for office employees to purchase easily.
Handles daily stocking and management of office food supplies.
Funding Insights of Byte Foods
Byte Foods has successfully raised a total of $9.49M across 5 strategic funding rounds. The most recent funding activity was a Series A round of $3.92 million completed in September 2018. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $9.49M
- Total Rounds 5
- Last Round Series A — $3.92M
- First Round $65,000
(Nov 2015)
- Investors Count 4
All 5 funding rounds of Byte Foods with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep 2018 | $3.92M | Series A | – | – | – |
| May 2017 | $1.95M | Debt – Conventional | – | – | – |
| Oct 2016 | $5.5M | Series A | – | Spring Creek Investment Management | |
| Sep 2016 | Seed | – | Alchemist Accelerator | – | |
| Nov 2015 | $65,000 | Seed | – | – | – |
5 investors in total: 5 institutional.
Investors in Byte Foods
Byte Foods has secured backing from 5 investors, including venture fund investors. Prominent investors backing the company include Bessemer Venture Partners, garten and Bolt.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital investments and support for entrepreneurs in technology and innovation sectors. | 1911 | bvp.com | Redwood City, United States | |
Seed-stage investments in US companies are made by Bolt. | bolt.io | Boston, United States | ||
Enterprise startups are accelerated via a 6-month program. | alchemistaccelerator.com | San Francisco, United States | ||
Nutrient-rich foods are delivered via an online subscription service. | 2014 | garten.co | Burlingame, United States |
Investor details for Byte Foods
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People of Byte Foods
3 people are tracked at Byte Foods (2 in leadership, 1 in team).
| Name | Role | Group |
|---|---|---|
Michael Luciano | Director of Software Engineering | Leadership |
Megan Mokri | CEO & Founder | Leadership |
Nicole Wray | Software Engineer | Team |
Complete people profiles for Byte Foods
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Investments & Acquisitions by Byte Foods
Byte Foods has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Pantry Retail.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Platform offering refrigerated vending kiosks for the food-service market | pantryretail.com | San Francisco, United States | 2012 | May 2016 | •••• |
Complete acquisition details for Byte Foods
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Timeline of Byte Foods
5 dated milestones of Byte Foods across 5 years, from founding to its latest funding, stage changes and deals.
- Founded Byte Foods is founded.
- Funding First funding round of $65K.
- Acquisition Acquires Pantry Retail.
- Funding Latest funding round, Series A, of $3.9M.
- Exit Acquired by Garten.
Competitors of Byte Foods
Byte Foods has 3 listed competitors in our database, 2 of them funded. They include 365 Retail Markets, Farmer's Fridge and ZoomSystems.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| 365retailmarkets.com | 2008 | Troy, United States | 334 | Smart vending solutions are provided for offline retailers and businesses. | ||
| farmersfridge.com | 2013 | Chicago, United States | $82.62M | 212 | Automated vending machines for fresh meals and snacks are operated. | |
| zoomsystems.com | 2002 | San Francisco, United States | $84M | 79 | Automated retail platforms are developed for unattended points-of-sale. |
Detailed competitors of Byte Foods
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Web traffic of Byte Foods
The website of Byte Foods (bytefoods.co) receives about 3.6K visits a month.
- Monthly visits3.6K
▲ 99.9% vs previous month
Top companies in Food & Beverage Platforms
3 companies that operate in the same segment as Byte Foods (Food & Beverage Platforms) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Food and grocery deliveries are facilitated through an app-based platform. | 2013 | San Francisco, California, United States | USD 2.5 B | USD 10.72 B | 80,579 | |
Platform for discovering and sharing local businesses | 2004 | San Francisco, California, United States | USD 56 M | USD 1.46 B | 5,120 | |
Restaurant operations are managed via a cloud-based platform. | 2011 | Boston, Massachusetts, United States | USD 900 M | USD 6.15 B | 8,021 |
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Related news about Byte Foods
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Frequently Asked Questions about Byte Foods
Byte Foods was founded in 2015.
Byte Foods is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Byte Foods is a funded company, having raised a total of $9.49M across 5 funding rounds to date. The company's 1st funding round was a Seed of $65K, raised on Nov 2015.
Byte Foods was founded in 2015 in San Francisco, United States, focusing on fresh-food solutions for workplaces. IoT-enabled refrigerated dispensers are used to supply healthy options to employees. Access is granted by swiping a credit card, with charges applied based on items removed. Pantry Retail was acquired in May 2016 to enhance the dispenser technology. Operations center on automated, contactless food distribution in office settings.
Byte Foods's top competitors include 365 Retail Markets, Farmer's Fridge and ZoomSystems.
Byte Foods offers Smart Fridge and Meal Delivery Service.
Byte Foods has made 1 acquisition, including Pantry Retail.
Byte Foods has 5 investors. Key investors include Bessemer Venture Partners, garten, Bolt, Spring Creek Investment Management, and Alchemist Accelerator.
Yes. Byte Foods was acquired by Garten in January 2020.