Tech Company Financing Transactions

Chewbox Funding Round

MaC Venture Capital and private investors joined a $1.3 million Seed funding round for Chewbox. The round was announced on 7/17/2022.

Transaction Overview

Company Name
Announced On
7/17/2022
Transaction Type
Venture Equity
Amount
$1,250,000
Round
Seed
Investors

MaC Venture Capital (Lead Investor)

private investors (Freada Kapor)

private investors (Mitch Kapor)

Proceeds Purpose
Proceeds purposes were not disclosed.

Company Information

Company Status
Private & Independent
Industry
FoodTech
Mailing Address
1950 E. 103rd St.
Los Angeles, CA 90002
USA
Email Address
Overview
Chewbox is a venture-backed startup delivering a groundbreaking on-schedule software-as-a-service (SaaS) that enables food service companies and their customers to exponentially decrease the cost of manufacturing, distributing, and purchasing meals. Founded by tech entrepreneurs Kim Gaston and Solomon Acosta in 2020, and based in the South Central Los Angeles community of Watts, Chewbox works in partnership with world-class culinary minds to optimize food services with a software platform that works from purveyor to customer. The result is that high quality meals, and the gig and creator economies are more accessible. Our software helps F&B vendors, restaurateurs, and commissaries close the delta of supply and demand, minimizing waste, optimizing labor, and profit in ways that are simply impossible for on-demand food services. Our model enables meals that have a walk-in price of $15 at restaurants, and $25-30 on meal delivery sites to be made and delivered for $9.
Profile
Chewbox LinkedIn Company Profile
Social Media
Chewbox Company Twitter Account
Company News
Chewbox News
Facebook
Chewbox on Facebook
YouTube
Chewbox on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Kim Gaston
  Kim Gaston LinkedIn Profile  Kim Gaston Twitter Account  Kim Gaston News  Kim Gaston on Facebook
Chief Operating Officer
Jamila Jarmon
  Jamila Jarmon LinkedIn Profile  Jamila Jarmon Twitter Account  Jamila Jarmon News  Jamila Jarmon on Facebook


 

 

Browse more venture capital transactions:

Prev: 7/16/2022: Medusa venture capital transaction
Next: 7/17/2022: TwelveStone Health Partners venture capital transaction

 

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About Database of VC Transactions

Our team works diligently to document all VC transactions involving tech companies. VC investment data records reported here are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.

 


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