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Zerocater Raises Its Series C To Build The Future Of The Corporate Cafeteria For The Hybrid Workplace

Feb 16, 2023over 2 years ago

Round Type

series c

San FranciscoHospitalityFood And Beverage

Investors

Robin HoodSplunkDatadogRemus CapitalCleveland Avenue Llc

Description

SAN FRANCISCO, CA / February 16, 2023 / Zerocater, the fastest growing provider of corporate cafeterias and catering solutions, has raised its Series C funding of $15 million, led by Cleveland Avenue LLC, with participation from Remus Capital. Today, the company announces it will be expanding its technology enabled corporate cafeteria solution to ten additional markets including its first international market in Canada. Zerocater is already the leader for corporate catering and cafeteria solutions in the San Francisco Bay Area and New York City where Datadog, Splunk, RobinHood, and others are customers. With this raise, the company will also continue to invest in its AI and machine learning capabilities which it uses to personalize daily cafeteria and catering menus for the companies it feeds based on the tastes of their employees.

Company Information

Company

Zerocater

Location

San Francisco, California, United States

About

Zerocater builds revolutionary corporate catering and cafeteria solutions employees love while saving companies millions of dollars as they transition to the hybrid workplace. With its Cloud Cafe, Hybrid Cafe, Managed Cafe, and Event Cafe products; Zerocater has built corporate cafeteria and office catering programs for companies of all sizes from growing startups to the Fortune 500. Thousands of companies like TikTok, Datadog, Airtable, and McKinsey choose Zerocater for the customized, consistent, and diverse meal experiences its products offer, while also reducing costs by giving companies the flexibility to only pay for the employees who come into the office. Zerocater currently offers its corporate cafeteria and office catering products in the San Francisco Bay Area, New York, Chicago, Los Angeles, Boston, Austin, Denver, Seattle, and Washington D.C. with additional markets in the U.S. and Canada coming online every month. Since completing YCombinator in Winter 2011, Zerocater has raised $38.5M from leading investors including Cleveland Avenue, Remus Capital, Romulus Capital, Struck Capital, SV Angel, Keith Rabois, Yuri Milner, Paul Buchheit, and Justin Kan. For more information visit zerocater.com and follow @Zerocater on Facebook, Instagram, Linkedin, and Twitter.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers