A Secular Shift To Online Food Ordering
To say that recent capital inflows in the food-ordering space have been growing rapidly wouldn’t be doing the current funding environment justice. In fact, it might even be considered a gross injustice akin to calling Mark Zuckerberg a mere website developer.
While just $46 million and $25 million were invested in food ordering companies in 2013 and 2012, respectively, a staggering $600 million was invested in 2014. And so far this year, we’ve had approximately $360 million invested to date, which when annualized, comes out to approximately $1.2 billion1. That type of growth is not something you see too often.
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