FoodByUs Raises $10M in Series A Funding
- FoodByUs, a Sydney, Australia-based hospitality supply marketplace, raised $10m in Series A funding
- The round was led by Macquarie Capital, Base Capital and global marketplace investor F J Labs
- The company intends to use the funds to scale operations and accelerate growth
- The company is an online hospitality marketplace that connects restaurants, cafes, and caterers with hundreds of wholesale food and alcohol suppliers
- The platform provides a free, ‘one stop procurement shop’ for small medium sized venues
- The platform also enables digital issue resolution, full cost reporting and automatically pushes all invoices into Xero
