Munchery

Munchery Inc.
Company typePrivate
IndustryHospitality
Founded2010; 15 years ago (2010)
FoundersTri Tran
Conrad Chu[1]
DefunctJanuary 21, 2019 (2019-01-21)
FateBankruptcy
Headquarters
San Francisco, California
,
United States
Key people
James Beriker (CEO)[2]
Websitemunchery.com

Munchery Inc. was an online food ordering and meal delivery service that served parts of San Francisco, Seattle, and New York City.[3] The company shut down abruptly on January 21, 2019.[4] It was valued at $300 million.[5] The website currently relaunched as a recipes-only website.

Overview

Munchery was a conglomeration of chefs who offered continually changing menus to users. Chefs chose their dishes and sourced ingredients, and users rated the meals. Meals could be ordered up to 6 p.m. the same day or a few days in advance. A fleet of drivers delivered the dinners within a chosen one-hour window between 5 and 9 p.m.. The chilled food needed to be reheated before serving.[3][6] After trying the meals, diners could post reviews online, and they could also directly message chefs through the site.[1]

History

Munchery was founded in 2010 in San Francisco, California.[7][8]

In 2015 the company raised $85 million in Series C funding and was speculated to be valued at $300 million, though a company spokesperson did not confirm that number.[9][10]

In 2016, the company launched a corporate lunch delivery program.[11] James Beriker became CEO, taking the place of co-founder Tri Tran.[12]

On October 2, 2020, Rolliyo, Inc., a DE corporation doing business as ("DBA") Munchery.com, sent an email to Munchery, Inc's email list announcing that "Munchery is back (as a recipe site)."[13]

Bankruptcy

In late 2018 the company laid off 30 percent of its employees. In January 2019 Munchery abruptly ceased all operations. In a March 2019 bankruptcy declaration, the company claimed assets between $1 and $10 million with liabilities totaling $28.5 million in secured debt to lenders as well as $6 million in unsecured debt to its 230 vendors and suppliers.[5] In all, investors — Greycroft, Sherpa Capital, Menlo Ventures, E.ventures, Cota Capital, and M13 — sank $125 million in the company, with an $87 million round in 2015.[14]

“To be honest, it was a house of cards,” said an anonymous well-known chef who worked at Munchery for two years.[15]

In May 2019 the bankrupt company sold its 70,000-square-foot South San Francisco headquarters for $5 million. Munchery's CEO James Beriker planned to pay himself a $250,000 “success fee” for the sale of the company's headquarters and other assets.[16]

References

  1. ^ a b Gold, Amanda High-quality meal delivery offers takeout alternative San Francisco Chronicle. July 21, 2015
  2. ^ Dickey, Megan Rose (21 November 2016). "Munchery appoints new CEO amid reported struggles". TechCrunch. Retrieved 21 November 2016.
  3. ^ a b Gold, Amanda Cook Your Week: Munchery and Belcampo Team Up San Francisco Chronicle. July 21, 2015
  4. ^ Murphy, Mike (21 January 2019). "Meal-delivery startup Munchery shuts down". MarketWatch. Retrieved 21 January 2019.
  5. ^ a b Said, Caroline (4 March 2019) "Munchery bankruptcy filing leaves little for food vendors." San Francisco Chronicle. (Retrieved March 5, 2019.)
  6. ^ Kosoff, Maya Food startup Munchery has hired a bunch of gourmet chefs to answer the most popular question in your household Business Insider. July 21, 2015
  7. ^ Gayomali, Chris Inside the Secret New York Launch of Munchery, the Delivery Startup that Might Upend Seamless Fast Company. July 21, 2015
  8. ^ Huet, Ellen Dinner Take All: How Munchery Wants To Win The Evening Meal Forbes. July 21, 2015
  9. ^ Lein, Tracy Munchery raises $85 million in bid to make healthy meals accessible to all Los Angeles Times. July 20, 2015
  10. ^ MacMillan, Douglas Munchery Valued at About $300 Million Amid Food Fight Wall Street Journal. July 21, 2015
  11. ^ "Munchery challenges Amazon and Peach with new corporate lunch delivery program". GeekWire. 2016-10-06. Retrieved 2016-12-07.
  12. ^ Dickey, Megan Rose (21 November 2016). "Munchery appoints new CEO amid reported struggles". TechCrunch. Retrieved 2016-11-23.
  13. ^ Guszkowski, Joe. "Ghost kitchen precursor Munchery relaunches as recipe site". Restaurant Business.
  14. ^ "After raising $125M, Munchery fails to deliver". TechCrunch. 22 January 2019. Retrieved 2019-01-22.
  15. ^ Said, Caroline (January 28, 2019) "Munchery, Sprig: What went wrong with on-demand, artisanal food." San Francisco Chronicle. (Retrieved January 28, 2019.)
  16. ^ Pershan, Caleb (May 9, 2019) "CEO of Failed Startup Munchery Gets Massive Payout for Selling Company HQ." Eater San Francisco. (Retrieved May 10, 2019)

Read other articles:

Aksara Lao

Aksara LaoJenis aksara Abugida BahasaLaoThaidan lain-lainPeriodec. 1350–kiniArah penulisanKiri ke kananAksara terkaitSilsilahMenurut hipotesis hubungan antara abjad Aramea dengan Brahmi, maka silsilahnya sebagai berikut: Abjad Proto-Sinai Abjad Fenisia Abjad Aramea Aksara Brahmi Dari aksara Brahmi diturunkanlah:Aksara PallawaAksara KhmerAksara ThaiAksara LaoISO 15924ISO 15924Laoo, 356 , ​LaoPengkodean UnicodeNama UnicodeLaoRentang UnicodeU+0E80–U+0EFF Artikel ini men...

 

Satyalancana G.O.M V

Satyalancana Gerakan Operasi Militer V adalah tanda kehormatan jenis Satyalancana Peristiwa yang diberikan kepada anggota Angkatan Bersenjata dalam memberantas kekacauan yang dilakukan oleh gerombolan bersenjata. Tanda kehormatan diberikan untuk meningkatkan dan memelihara moral Angkatan Bersenjata Republik Indonesia. Menurut Bab VI Pasal 15 PP 59/1958, Satyalancana G.O.M V diberikan kepada anggota Angkatan Perang yang secara aktif sekurang-kurangnya 90 hari terus-menerus atau 180 hari terput...

 

Paralympics Australia

National Paralympic Committee of Australia Paralympics AustraliaLogoNational Paralympic CommitteeCountry AustraliaCodeAUSCreated1990ContinentalAssociationOPCHeadquartersSydneyPresidentAlison CreaghWebsiteparalympic.org.au Paralympics Australia (PA) previously called the Australian Paralympic Committee (APC) (1998–2019)[1] is the National Paralympic Committee in Australia for the Paralympic Games movement. It oversees the preparation and management of Australian teams that parti...

2024 United States Senate election in Maine

For related races, see 2024 United States Senate elections. 2024 United States Senate election in Maine ← 2018 November 5, 2024 2030 →   Candidate Angus King Demitroula Kouzounas(presumptive) David Costello(presumptive) Party Independent Republican Democratic Incumbent U.S. senator Angus King Independent Elections in Maine Federal offices U.S. President 1820 1824 1828 1832 1836 1840 1844 1848 1852 1856 1860 1864 1868 1872 1876 1880 1884 1888 1892 1896 1900 1904 190...

 

Scottish Ballet

Scottish BalletGeneral informationNameScottish BalletPrevious namesScottish Theatre BalletWestern Theatre BalletYear founded1969FoundersPeter DarrellElizabeth WestPrincipal venueTramway Arts Centre, GlasgowWebsitewww.scottishballet.co.ukSenior staffDirectorChristopher Hampson Inscription on wall of the Scottish Ballet building in Glasgow Scottish Ballet is the national ballet company of Scotland and one of the five leading ballet companies of the United Kingdom, alongside the Royal Ballet, E...

 

MGM-13 Mace

Martin Mace (ditunjuk sebagai rudal taktis TM-76 hingga tahun 1963, kemudian sebagai MGM-13 untuk mobile diluncurkan dan CGM-13 untuk versi kontainer-diluncurkan) adalah sebuah rudal taktis permukaan-ke-permukaan yang dikembangkan dari MGM-1 Matador. Development dimulai pada tahun 1954 sebagai versi perbaikan dari MGM-1 Matador. Seperti Matador, Mace adalah rudal taktis permukaan-diluncurkan yang dirancang untuk menghancurkan target darat. Ini pertama kali dirancang sebagai TM-76 dan kemudia...

1425 هـ

قرن: قرن 14 - قرن 15 - قرن 16 عقد: 1390  1400  1410  1420  1430  1440  1450  سنة: 1422 1423 1424 - 1425 - 1426 1427 1428 1425 هي سنة في التقويم الهجري التي امتدت مقابلةً في التقويم الميلادي بين سنتي 2004 و2005.[1][2] [3] الطواف في حج 1425 هـ. أحداث تولى خادم الحرمين الشريفين الملك عبد الله بن عبد...

 

Данио-рерио

Данио-рерио Научная классификация Домен:ЭукариотыЦарство:ЖивотныеПодцарство:ЭуметазоиБез ранга:Двусторонне-симметричныеБез ранга:ВторичноротыеТип:ХордовыеПодтип:ПозвоночныеИнфратип:ЧелюстноротыеГруппа:Костные рыбыКласс:Лучепёрые рыбыПодкласс:Новопёрые рыбыИн�...

 

Sharon Runner

American politician Sharon RunnerRunner in 2007Member of the California State SenateIn officeMarch 19, 2015 – July 14, 2016Preceded bySteve KnightSucceeded byScott WilkConstituency21st districtIn officeFebruary 18, 2011 – December 3, 2012Preceded byGeorge RunnerSucceeded byBill Monning (redistricted)Constituency17th districtMember of the California State Assemblyfrom the 36th districtIn officeDecember 2, 2002 – November 30, 2008Preceded byGeorge RunnerSucceede...

Architettura etrusca

Voce principale: Arte etrusca. L'architettura etrusca si sviluppò tra il IX secolo a.C. e il I secolo a.C. in un'area denominata Etruria, corrispondente all'incirca alla Toscana, all'Umbria occidentale e al Lazio settentrionale e centrale, con propaggini anche a nord nella zona padana, nelle attuali Emilia-Romagna, Lombardia sud-orientale e Veneto meridionale, e a sud, in alcune aree della Campania. Indice 1 Caratteristiche generali 2 Edifici civili 3 Templi 4 Decorazione architettonica 5 A...

 

2020年夏季奧林匹克運動會波蘭代表團

2020年夏季奥林匹克运动会波兰代表團波兰国旗IOC編碼POLNOC波蘭奧林匹克委員會網站olimpijski.pl（英文）（波兰文）2020年夏季奥林匹克运动会（東京）2021年7月23日至8月8日（受2019冠状病毒病疫情影响推迟，但仍保留原定名称）運動員206參賽項目24个大项旗手开幕式：帕维尔·科热尼奥夫斯基（游泳）和马娅·沃什乔夫斯卡（自行车）[1]闭幕式：卡罗利娜·纳亚（皮划艇）&#...

 

National Oceanic and Atmospheric Administration

Questa voce sull'argomento meteorologia è solo un abbozzo. Contribuisci a migliorarla secondo le convenzioni di Wikipedia. Segui i suggerimenti del progetto di riferimento. National Oceanic and Atmospheric Administration Commissioned CorpsStemma del NOAA Bandiera del NOAA SiglaNOAA Stato Stati Uniti TipoAgenzia governativa di studi oceanografici Istituito3 ottobre 1970 PredecessoreEnvironmental Science Services Administration DirettoreKathryn D. Sullivan (dal 22 aprile 2021) e (da...

Death of Chavis Carter

2012 Black American death in police custody Chavis Carter The death of Chavis Carter occurred on July 29, 2012. Carter, a 21-year-old Black American man, was found dead from a gunshot while handcuffed in the back of a police patrol car. His death was ruled a suicide by the Arkansas State Crime Lab.[1][2] Event class=notpageimage| Location of Jonesboro within Arkansas Carter was in the passenger seat of a pickup truck which was stopped by the Jonesboro Police Department of Jone...

 

بارمينيدس

بارمينيدس (بالإغريقية: Παρμενίδης)‏    معلومات شخصية الميلاد سنة 515 ق م   إيليا[1]  تاريخ الوفاة سنة 470 ق م [2]  الحياة العملية تعلم لدى كزينوفانيس  التلامذة المشهورون زينون الإيلي،  وإيمبيدوكليس[3]  المهنة فيلسوف[4]،  وكاتب[5]،  وشاع...

 

10BaseT

Kabel jenis twisted-pair untuk 10BaseT Plug 8P8C (bukan RJ-45) pada 10BaseT 10BaseT adalah sebuah standar yang digunakan untuk mengimplementasikan jaringan berbasis teknologi Eternet. Dibandingkan dengan standar 10Base2 atau 10Base5, standar 10BaseT ini lebih populer, meski kecepatan yang ditawarkan adalah sama, yaitu 10 Megabit per detik. 10BaseT menggunakan kabel Unshielded Twisted-Pair (UTP) untuk menghubungkan komputer, dan menggunakan hub untuk membentuk sebuah jaringan. 10BaseT mendukun...

Media coverage of the COVID-19 pandemic

Aspect of viral outbreak This article has multiple issues. Please help improve it or discuss these issues on the talk page. (Learn how and when to remove these template messages) This article's lead section may be too short to adequately summarize the key points. Please consider expanding the lead to provide an accessible overview of all important aspects of the article. (March 2021) This article needs to be updated. Please help update this article to reflect recent events or newly available ...

 

Erzyan native religion

Modern revival of the ethnic religion of the Erzya Mordvin Native Faith symbol, also used as logo of the Erzyan Mastor. The Erzyan native religion (Erzya: эрзянь пазнэнь озноматe, romanized: erzań pazneń oznomate), also called Erzyan neopaganism, is the modern revival of the ethnic religion of the Erzya Mordvins, peoples of Volga Finnic ethnic stock dwelling in the republic of Mordovia within Russia, or in bordering lands of Russia. The name of the originating god a...

 

مقاطعة بيري (ألاباما)

  لمعانٍ أخرى، طالع مقاطعة بيري (توضيح). مقاطعة بيري     الإحداثيات 32°38′09″N 87°17′31″W / 32.635833333333°N 87.291944444444°W / 32.635833333333; -87.291944444444   [1] تاريخ التأسيس 13 ديسمبر 1819  سبب التسمية أوليفر هازارد بيري  تقسيم إداري  البلد الولايات المتحدة[2]  ال...

بلدة غرينوود (مقاطعة ويكسفورد)

  لمعانٍ أخرى، طالع بلدة غرينوود (توضيح). بلدة غرينوود الإحداثيات 44°28′06″N 85°31′37″W / 44.468333333333°N 85.526944444444°W / 44.468333333333; -85.526944444444   [1] تقسيم إداري  البلد الولايات المتحدة[2]  التقسيم الأعلى مقاطعة ويكسفورد  خصائص جغرافية  المساحة 35.4 ميل مرب�...

 

Breathing

Process of moving air in and out of the lungs Breath redirects here. For other uses, see Breath (disambiguation). For other uses, see Breathing (disambiguation). Real-time magnetic resonance imaging of the human thorax during breathing X-ray video of a female American alligator while breathing. Breathing (spiration[1] or ventilation) is the rhythmical process of moving air into (inhalation) and out of (exhalation) the lungs to facilitate gas exchange with the internal environment, mos...