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How did Goldbelly raise $100 million?

Restaurant e-commerce platform Goldbelly has received $100 million in investment funding to fuel its growth, the company announced Monday. New York City-based Goldbelly also announced two C-suite hires: Cristina Miller becomes the company’s COO after seven years as chief commercial officer at design platform 1st Dibs.

Who owns Goldbelly and who are the investors?

The $100 million investment round was led by equity firm Spectrum Equity, with participation from existing investor Intel Capital. Goldbelly received $20 million in funding in 2018 from Enlightened Hospitality Investments, the group led by restaurateur Danny Meyer. At that time, the platform had 350 restaurant partners.

Who are Goldbelly's new C-Suite hires?

New York City-based Goldbelly also announced two C-suite hires: Cristina Miller becomes the company’s COO after seven years as chief commercial officer at design platform 1st Dibs. And Ranjith Roy becomes Goldbelly’s CFO after 15 years at Goldman Sachs.

How has Goldbelly changed over the past year?

The average order size has grown roughly 20 percent over the past year, and Goldbelly’s work force has swelled to more than 130 people, including a new chief operating officer and chief financial officer. “We think we’re just at the beginning of the food e-commerce revolution,” Mr. Ariel said.


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