Sharebite is a technology company.
Sharebite has raised $15.0M across 1 funding round.
Sharebite has raised $15.0M in total across 1 funding round.
Sharebite is a FoodTech SaaS platform providing corporate meal benefits, founded in 2016 by Dilip Rao, that enables companies to offer flexible food programs for in-office, remote, and hybrid workers.[1][2][3] It serves enterprises across sectors like finance, AI, gaming, and sports, solving employee engagement, retention, and nutrition challenges while combating food insecurity—every meal ordered donates one to partners like Feeding America and City Harvest, totaling over 15 million meals.[1][2][3][5] With 95-98% utilization rates, features like Sharebite Stations for group orders and Passport virtual cards for any restaurant, it drives productivity and culture, earning 2024 accolades including Deloitte Technology Fast 500 (#35) and Fast Company Best Workplaces for Innovators (#35).[2][5][7]
Sharebite was founded in 2016 (some sources note 2015) in New York by Dilip Rao, who survived a life-threatening accident and witnessed food insecurity firsthand, inspiring a mission to make business a force for good by feeding workers and communities.[1][2][3][8] The idea emerged from recognizing hunger as a "hidden epidemic" affecting hope and productivity, evolving into a platform to "get every worker in America fed."[3][8] Early traction came via partnerships with City Harvest and Feeding America; post-pandemic, it pivoted to innovate for hybrid work, powering global meal allowances and achieving milestones like clients surpassing 15,000-50,000 donations in 2024.[2][8]
Sharebite rides the return-to-office and hybrid work trends, addressing post-pandemic challenges by standardizing meal benefits to fuel productivity and culture amid dispersed teams.[2][5][8][9] Timing aligns with rising employee well-being demands and corporate social responsibility, amplified by FoodTech growth and hunger alleviation needs—its donation model scales impact as enterprises embed purpose daily.[1][3][6] It influences the ecosystem by partnering with non-profits, supporting restaurants, and setting benchmarks for mission-driven SaaS, as seen in NYSE features and Fast 500 ranking.[2][8]
Sharebite's momentum—Deloitte #35 growth, client milestones—positions it to expand globally, refining AI-era hybrid feeding while scaling donations toward its "every worker fed" vision.[2][5][8] Trends like remote permanence and ESG mandates will propel it, potentially evolving into broader well-being platforms. As the pioneer blending meals, impact, and tech, Sharebite exemplifies how FoodTech turns everyday perks into transformative forces, echoing Rao's origin: business as a force for good.[1][3]
Sharebite has raised $15.0M in total across 1 funding round.
Sharebite's investors include 75 & Sunny, Boosted Commerce, DataPower Ventures, J12 Ventures, Left Lane Capital, Merck Global Health Innovation Fund, Not Boring Capital, Predictive VC, Rock Ventures, Sunset Ventures, Team Global, Dennis Yang.
Sharebite has raised $15.0M across 1 funding round. Most recently, it raised $15.0M Series A in May 2021.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| May 1, 2021 | $15.0M Series A | 75 & Sunny, Boosted Commerce, DataPower Ventures, J12 Ventures, Left Lane Capital, Merck Global Health Innovation Fund, Not Boring Capital, Predictive VC, Rock Ventures, Sunset Ventures, Team Global, Dennis Yang, Douglas Stark, Elias Aalto, Fredrik Hjelm, Inbal Leshem, Maria Raga, Mats Diedrichsen, Sreeraman M G, Todd Arky |