Mealco raises $7M to launch new delivery-centric restaurants
Summary
"With Mealco, on the other hand, theres no need to sign a lease or any other upfront costs for the chefs, and they get to focus on actually creating the dishes and the menu. "Mealco also provides support around branding, marketing and social media, and gives chefs access to a dashboard with real-time data about menu performance and customer feedback, which can allow them to quickly make adjustments as needed. And in his view, Mealco allows them to focus on that creativity.Rucker Park Capital led the round with participation from FJLabs, Reshape, 2048.vc, Oceans Ventures, Wilshire Lane Partners and angel investors including former Seamless CEO Jonathan Zabusky. "We had the opportunity to see the evolution of the food ecosystem firsthand in the past few years," said Wes Tang-Wymer, general partner at Rucker Park Capital, in a statement. In Mealco, we found the most compelling model to push the frontier of restaurant innovation further by empowering chefs to take idea-to-table faster and cheaper than ever before."