GiftAMeal won the $25,000 grand prize in the Amazon Business Grant competition.
Andrew Glantz, GiftAMeal CEO
“This prize money helps further our growth into more states across the country,” GiftAMeal CEO Andrew Glantz told bizblip. “We want to get to all 50 states by this time next year. This $25,000 can help us do that.”
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.
