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Delivery Costs Are Devouring Food Startups

pacman Food tech is big these days — Grubhub, Blue Apron, Instacart — but pretty web design and polished communication strategies aren’t enough to build a sustainable food business. No company will provide attractive gross margins without creating and executing a sustainable new paradigm for food delivery. It comes down to perishability: Fresh food breaks tried and true delivery… Read More

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PeerSpace Raises $5 Million Series A, Expands To New York City

h8vvah7rafs9dwwhscje PeerSpace, a short-term meeting space reservations marketplace, has announced a $5 million Series A round of financing led by Foundation Capital to propel growth. Existing investor Structure Capital also participated in the round.
The startup is a bit like Airbnb but for empty meeting spaces. The idea is to utilize creative spaces in the cities the platform operates instead of the same old… Read More

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Instacart Adds Coupons Through Its New “Deals” Platform

grocery_being_delivered_instacart Grocery delivery services are convenient, but they’re not always affordable. In addition to slight mark-ups on the cost of the products themselves, services typically require delivery fees and/or membership fees. Today, Instacart is rolling out a new option that could help reduce the expense of using its service for price-conscious consumers: Instacart Deals. Essentially an online… Read More

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Checkr Is Raising $30M+ For Its Background Checking API, Y Combinator Investing

uber app on street As on-demand businesses like Uber and Instacart grow quickly, so too do the B2B startups that service their wider ecosystem. In the latest development, TechCrunch has learned and confirmed with several sources that Checkr — which runs background checks and vets potential hires by way of an API for the likes of Uber, Instacart and Handy, and other fast-growing startups like Zenefits… Read More

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Instacart And Allrecipes Now Let You Add A Meal’s Ingredients To Your Grocery List With A Click

instacart Services that deliver the ingredients and recipes you need to make fresh, home-cooked meals, like Blue Apron, HelloFresh, and Plated, have grown in popularity as people are turning away from low-cost, fast food in favor of healthier alternatives. But those subscription services are still something of a luxury for many, thanks to their higher prices for the added convenience of measured… Read More

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Why Homejoy Failed … And The Future Of The On-Demand Economy

Homejoy On the heels of Homejoy’s failure, the fundamental “on-demand marketplace” model has come into question by investors, the media and even consumers. That questioning is very relevant, as there has been an overload of VC money that has been injected in the on-demand service platform space over the past few years ($4 billion-plus in 2014). Read More

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Instacart Is Raising North Of $100 Million At A $2 Billion Valuation

instacart Instacart, the home grocery delivery service that launched back in 2012, is close to raising a massive Series C round of funding north of $100 million, according to sources. The raise will value the startup at $2 billion, or more than quadruple the $400 million valuation of its Series B financing from June. Including this round, Instacart has raised a total of $154.8 million with other… Read More

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