Consumers are relying on delivery services now more than ever. From dark convenience stores to eco-friendly meal kits, we take a look at delivery innovators in the food & beverage industry.
Consumers have turned to delivery services in droves amid pandemic-induced lockdowns and indoor dining restrictions. In response, the $186B food and beverage delivery industry has expanded to meet customers’ evolving needs and interests, including by doubling down on sustainability.
Delivery startups are working to make grocery shopping more eco-conscious by reducing the steps from farm to fridge and by omitting single-use plastics. Farmstead, for example, leverages AI to order groceries from local sources and reduce waste.
Consumers are also embracing food delivery in the form of prepared meals and meal kits. Little Spoon, which sells prepared meals for babies and kids, is one of the most well-funded companies in the space, with $39M raised.
The increased demand for restaurant delivery has also led to a rise in delivery-only virtual and ghost kitchens. Nanuda Kitchen, for example, is a ghost kitchen that operates as an incubator for new takeaway restaurants.
Using CB Insights data, we identified 60+ early-stage companies looking to transform food and beverage delivery.
This market map consists of private, active companies only and is not intended to be exhaustive of the space. Categories are not mutually exclusive and companies are mapped according to primary use case. The companies within the map have received over $0.1M in seed/angel or Series A funding from 2019 to February 2021.