Foodee Media secures bridge financing

Foodee Media Inc., a corporate meal delivery service, has closed a round of bridge financing, raising $#Subscribers ONLY – where and how did you get your news? Subscribe today to see our research on this and all other subscriber ONLY news. Be informed!#

Foodee Media closed a tranched $9.78 million Series A financing in June 2017. BDC Capital led the Series A and was joined by BC Tech Fund (managed by Kensington Capital Partners), Yaletown Partners, Structure Capital, Voyager Capital, several US VCs and a group of private angel or family office investors.

At the time of officially announcing its Series A in September 2017, Foodee said it had has partnered with over 500 restaurants, served over 8,000 customers, and delivering millions of meals in Toronto, Vancouver, Austin, Denver, Philadelphia since its launching in 2012.

photo credit: Foodee

Ted Liu

Ted Liu, M.Sc. (Mining), MBA (Finance), is the Editor of Private Capital Journal, CanadaMetals.ca, TechWire.ca, and the former Editor of Canadian Private Equity. Ted has been passionately tracking Canadian private capital industry since 1992, having most recently served as Research Director for The Canadian Venture Capital and Private Equity Association (CVCA).

Ted is the architect of CVCA infobase, and is the architect of CPE Media's Financings.ca, Canada's most sophisticated and advanced all private capital and public market financing database.