slice is a technology company.
slice has raised $392.0M across 7 funding rounds.
Key people at slice.
slice has raised $392.0M in total across 7 funding rounds.
slice has raised $392.0M in total across 7 funding rounds.
slice's investors include AirAngels, AngelList, Insight Partners, Peak, Polygon, Shaan's All Access Fund, Tiger Global Management, Trucks Venture Capital, Weekend Fund, Scott Belsky, 01 Advisors, 2048 Ventures.
# Slice: Empowering Independent Pizzerias Through Technology
Slice is a technology and services platform that equips independent pizzerias with modern business tools to compete with national chains.[1] Founded in 2010, the company provides a comprehensive suite of products including online ordering systems, customizable websites, point-of-sale software, marketing services, and discounted supplies sourced through collective buying power.[1][2] Slice serves over 15,000 independent pizza shops across the United States, forming what it claims is the nation's largest pizza network—more than double the U.S. footprint of Domino's.[4][6]
The core problem Slice solves is the competitive disadvantage faced by independent pizzerias against digitized national chains. By bundling technology, marketing, and operational support, Slice enables local pizza shops to increase average order values, acquire and retain customers, and modernize their workflows.[1] The company operates in a substantial market: pizza consumption in the U.S. exceeds 5 billion pizzas annually, representing a $140 billion market opportunity.[1]
Ilir Sela, a serial tech entrepreneur, founded Slice in 2010 (originally called MyPizza) after witnessing firsthand how difficult it was for independent pizzeria owners to compete with rapidly digitizing national chains.[1][3] Sela grew up surrounded by pizza and pizzeria owners and later started the company to modernize his own family's New York City pizzerias.[4] This personal connection to the problem space became the driving force behind Slice's mission-focused approach.
The company gained early traction during the COVID-19 pandemic, when restaurants were forced to prioritize delivery and takeout operations.[3] Slice's funding trajectory reflects growing investor confidence: the company closed a $3 million Series A round in July 2016 and raised $15 million led by GGV Capital in May 2017.[3] By 2017, Slice had already processed over $100 million in deliveries and filled more than 12 million orders since its inception.[3]
Slice operates at the intersection of two powerful trends: vertical SaaS consolidation and the digitization of small business. The company exemplifies how specialized software platforms can outcompete horizontal solutions by deeply understanding a specific industry's unique needs and pain points.
The timing has been particularly favorable. Independent restaurants have faced existential pressure from both national chains and third-party delivery platforms (DoorDash, Uber Eats) that extract 15-30% commissions. Slice positions itself as an alternative that helps pizzerias reclaim margin and customer ownership. The COVID-19 pandemic accelerated digital adoption across the restaurant industry, validating Slice's core thesis that technology is no longer optional for independent operators.
Slice also influences the broader small business ecosystem by demonstrating that vertical platforms can achieve significant scale—serving 15,000+ businesses and forming a network larger than Domino's footprint—while maintaining a mission-driven focus on supporting independent operators rather than consolidating them.
Slice has successfully carved out a defensible niche in restaurant technology by combining deep industry expertise with a comprehensive product suite. The company's growth is tied to two secular trends: continued digital adoption among independent restaurants and the ongoing struggle between local pizzerias and national chains.
Looking ahead, Slice's influence will likely expand through network effects and adjacent services. As the platform deepens relationships with pizzeria owners, opportunities emerge in financing, insurance, staffing, and other operational services. The company's recent acquisition by Rakuten Symphony (its parent organization) suggests potential for international expansion and integration with broader e-commerce ecosystems.[2]
The key question for Slice's future is whether its vertical focus remains a strength or becomes a constraint. If the company can expand its playbook to other restaurant categories while maintaining its operational excellence, it could become a template for how vertical SaaS platforms scale. For now, Slice remains the definitive platform for independent pizzerias seeking to modernize and compete.
Key people at slice.
slice has raised $392.0M across 7 funding rounds. Most recently, it raised $50.0M Series C in May 2022.
