EnvoyNow
Have updates for this profile? Please contribute data
= Subscriber Access Only
You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.
With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.
EnvoyNow - overview
Established
2013
Location
Los Angeles, CA, US
Primary Industry
Logistics & Distribution
About
EnvoyNow is a food ordering and delivery logistics company that enhances corporate meal management, facilitating efficient transactions between employees and local restaurants to improve workplace dining experiences. Founded in 2013 and based in Los Angeles, USA, EnvoyNow operates a platform that streamlines food ordering in corporate settings. The company received USD 0. 1 million in Seed funding from 500 Global on May 7, 2015, marking its first round of investment.
The CEO, Anthony Zhang, leads the company towards its growth trajectories, leveraging his entrepreneurial background. EnvoyNow. co provides a comprehensive suite of services aimed at improving food and delivery logistics within corporate environments. Its core offering is a food ordering and delivery platform that simplifies transactions between employees and local restaurants, making it easier for businesses to manage meals for events and meetings while promoting local dining options.
The platform is tailored specifically for office environments, addressing challenges related to dietary preferences and delivery coordination, thereby increasing employee satisfaction and productivity. EnvoyNow. co caters to a diverse set of clients, including corporate offices, coworking spaces, and event organizers, particularly in urban markets across the United States. EnvoyNow.
co employs a transactional revenue model, generating income through service fees linked to food orders made via its platform. The service is integrated into the operational processes of clients, such as corporate offices and event organizers, allowing for efficient food procurement. The company focuses on B2B transactions, enabling direct interactions between businesses and local food providers. Pricing is flexible, with options for subscription-based access for regular users or per-order fees, and the primary offerings include pre-ordered meals for events and daily office lunches, creating stable revenue streams for organizations seeking consistent catering solutions.
EnvoyNow aims to expand its product offerings and geographical reach following its recent funding. The company is planning to enhance its platform with new features designed to improve user experience and streamline food logistics further. Additionally, EnvoyNow is targeting expansion into new markets across the United States, with plans to launch in select urban areas by the end of 2024. The recent Seed financing of USD 0.
1 million will be utilized to support these initiatives, particularly in technology development and market entry strategies.
Current Investors
500 Global
Primary Industry
Logistics & Distribution
Sub Industries
Food & Beverage Distribution
Website
www.envoynow.co
Company Stage
Angel & Seed
Total Amount Raised
Subscriber access only
EnvoyNow - employee data


Time to go Pro
Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.