Chicago-based workplace lunch supply firm Food acquired Peach, a Seattle startup that additionally developed software program to make it simpler to ship meals to staff.
Peach CEO Nishant Singhconfirmed that the deal closed in July. It’s a part of a recent wave of meals supply acquisitions, together with DoorDash’s $3.9 billion buy of Deliveroo in October and Surprise’s buy of Grubhub final 12 months.
“Fooda – together with a number of different corporations – approached us in early 2025,” mentioned Singh. “Given the continued consolidation in our business, there was a pure synergy that made Fooda an excellent match.”
Phrases of the settlement weren’t disclosed. “In the end, our board and administration determined that becoming a member of forces with Fooda was the correct subsequent chapter for Peach,” mentioned Singh.
Based in 2011, Fooda runs office meals packages in additional than 45 markets. Final 12 months’s meals acquired group supply firm Foodsby.
Singh, a former Amazon engineer, co-founded Peach in 2014 together with his former Amazon colleagues Dennis Bellavanceand Chen Yu Wang. The preliminary presentation occurred at a Startup Weekend occasion in Seattle.
Peach has differentiated itself from different meals supply companies by consolidating a number of lunch orders destined for workplace buildings. The startup raised cash from outstanding Seattle VCs and turned a revenue in a number of markets three years after launching.
“Whereas we weren’t capable of put Peach on a risk-off development path as shortly as Doordash or UberEats, we constructed one thing particular – a sustainable supply service mannequin that introduced one of the best native restaurant meals to workplaces,” mentioned Singh.
The corporate later skilled layoffs and pivoted throughout the pandemic to deal with its B2B enterprise, discovering “new methods to serve employers who needed to feed their groups,” Singh mentioned.
“This mannequin has grow to be worthwhile and sturdy, however we have now not been capable of return to risk-scale development,” he mentioned.
Peach grossed $16 million in complete. It had six workers when the deal closed. Singh and COO Prerit Agarwal will keep to assist Peach transition to Fooda.
Peach service will proceed below a brand new title in current cities.
Trying forward, Singh mentioned he’s “getting again to what I like, creating worth for working professionals and dealing to construct a B2C model.”
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