Marketing startup GiftAMeal is very much a for profit enterprise, but behind all of that it has a social mission — feed the hungry.
“While growing the business it’s easy to get lost in other numbers but this milestone is really impactful and meaningful for me to be spending my life doing,” CEO Andrew Glantz told bizblip. “I look forward to growing the impact we can make.”
Through its free mobile app users take a photo of their order at more than 700 GiftAMeal partner restaurants in 35 states. For every post to social media, GiftAMeal makes a donation to a local food bank to cover a meal for someone in need. GiftAMeal partners pay a monthly subscription, partly for the marketing aspect of the service and partly to support the food bank effort.
According to Crunchbase GiftAMeal has raised $769,000 in four seed rounds and grants since it started. Investors include Capital Innovators, Skandalaris Center, Arch Grants and private investors. The company was a 2018 Arch Grant cohort member, picking up $50,000 non-diluted. It picked up a $100,000 non–dilutive follow–on investment from Arch Grants, concurrent with a $400,000 angel round in 2022.
