GiftAMeal CEO Andrew Glantz is part of the Fall 2021 cohort of the Forbes Next 1000 list… a rolling, year-round showcase of startup founders with under $10M in revenue or funding.
Andrew Glantz, GiftAMeal CEO
“I think it is just exciting to be listed alongside a lot of other really smart innovators,” Glantz told the 4thEst8. “And that a social venture can be up there with all these other for profit companies (it’s) really validating to show that our idea of a ‘profit with a purpose’ business model can be up there and celebrated.”
Through it’s free mobile app users take a photo of their order at a GiftAMeal partner restaurant. 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.
Prior to the Lion’s Choice deal GiftAMeal claimed 215 restaurant partners and 40,000 app users, providing more than 580,000 meals to those in need – a number Glantz says now tops 655,000. According to CrunchBase, since the company was founded in 2014 it has secured three seed rounds totaling $265,000 from Capital Innovators and Sandy Khaund.
Links:
On the 4thEst8:
GiftAMeal partners with MRA; goes on hiring spree
