Your Fare Inc.

Your Fare Inc. provides an integrated online ordering platform that simplifies third-party delivery management for restaurants, helping clients streamline operations and enhance efficiency in the competitive food delivery market. Founded in 2015, Your Fare Inc. operates from Austin, US, and specializes in managing online ordering solutions for the restaurant sector.

The company has completed 2 deals, with the latest funding round occurring on February 13, 2020, when it raised USD 2. 4 mn from investors including Band of Angels and Capital Factory. The company is led by CEO Christopher Monk, who, along with co-founders Chuck Berg and Scott Frost, has experience in fostering operational improvements for restaurant businesses. Your Fare primarily offers an integrated online ordering platform designed to streamline the management of third-party delivery services for restaurant operators.

This platform enables users to sign up for multiple delivery services and consolidate all incoming orders into a single, user-friendly interface. The service is tailored specifically for the restaurant industry, providing a customized strategy that assesses the client's existing point-of-sale systems and operational workflows to optimize their online ordering processes. Your Fare aims to enhance profit margins for its clients by simplifying the complexities associated with various online ordering solutions. The company serves a diverse clientele, primarily consisting of restaurants across the United States, helping them navigate the competitive landscape of online food delivery and ordering.

Your Fare generates revenue through a subscription-based model that offers various tiers of service based on the features and support required by its clients. Clients typically enter partnerships whereby they integrate the Your Fare platform into their operations, thereby facilitating seamless order management and fulfillment. Transactions occur as restaurants subscribe to the platform, receiving a comprehensive suite of tools designed to enhance their operational efficiency. The pricing structure is reflective of the services rendered, which may include premium features and ongoing support tailored to individual client needs.

The company’s flagship service revolves around enhancing online ordering capabilities, driving efficiency and profitability for its restaurant partners. In February 2020, Your Fare Inc. raised USD 2. 4 mn in venture funding, which will be utilized to bolster its product development and expand into new geographic markets.

The company is currently working on enhancing its platform with new features that aim to further streamline delivery operations. Additionally, there are plans to target expansion into markets beyond the US, with specific regions yet to be disclosed, aiming for growth within the next two years.