Sharebite today announced the nationwide launch of Sharebite Stations, a streamlined, post-COVID compliant solution for facilitating contactless food delivery at offices. Each Station is powered by Sharebite’s enterprise-ready technology platform, enabling companies to centrally manage employee food ordering and facilitate contactless deliveries at designated drop-off points inside office buildings. Following an initial roll-out to select companies and buildings in New York City, Washington D.C., and the Bay Area, Sharebite will be deploying Stations nationally over the coming months, with Atlanta, Chicago, Dallas, Los Angeles and other major cities being immediate targets for the company.
Sharebite Stations provide companies with a safe solution for offering food perks while providing employees with the added peace of mind of avoiding crowded elevators and restaurants during the lunch rush. Orders completed through Sharebite are individually packaged, labeled and placed in designated areas for each company within a building, creating a contactless solution for ordering lunch at work.
“We put the safety of our employees first. For those who have chosen to return to the office, Sharebite allows our employees a safe and convenient way to order their favorite meals while keeping costs down,” says Lisa Dimoulas of Neuberger Berman, a private, employee-owned asset management company.
Sharebite’s platform gives administrators the ability to easily manage food ordering and expense allocation for all levels of an organization. They can set and modify different budget groups and ordering privileges for users based on time of day, department, role, office location and more. With trays of catering and buffet style lineups no longer being a viable and safe option in a post-COVID world, office managers can create and manage group orders, a solution that batches all employee orders into a single delivery to a Sharebite Station at the office. Group orders can be customized to each company’s specific needs, and restaurants can be rotated on a daily basis, thanks to the multitude of options available through Sharebite’s extensive network of restaurant partners.
Co-founders Dilip Rao and Mohsin Memon have been growing Sharebite’s reach and influence within the corporate food ordering space, and have done so with a very important mission at the core of their business. Each order placed via Sharebite results in a donation made to City Harvest, specifically to help alleviate childhood hunger in local communities. By partnering with Sharebite, companies can easily support small businesses and society through simple transactions.
Over the last year, Sharebite has quietly grown its contractual business by over 400 percent, and has secured exclusive relationships with a majority of the top law firms in New York City, including Cravath, Sullivan & Cromwell, and Willkie Farr & Gallagher, along with many of the most prestigious investment banks, private equity & hedge funds, tech companies and real estate firms across the country. “With the addition of Sharebite Stations, we are now able to carry our vision and growth even further by extending the benefits of our platform to businesses of all types across the country,” says Mohsin Memon, President & COO of Sharebite.
“While 2020 has been challenging for many businesses, the pandemic gave us the opportunity to innovate and come up with solutions that really make a difference for our stakeholders. Sharebite’s technology enables companies to bring their employees back to the office in a safe, efficient and compliant manner, which results in a recurring flow of orders that allow restaurants to get back on their feet.” says Dilip Rao, CEO of Sharebite.
Sharebite’s restaurant network is primarily located within business districts and includes over 3,000 small business restaurants and popular quick-service concepts such as Dig, Chop’t, Dos Toros, Protein Bar & Kitchen, Mendocino Farms, Potbelly and many others. Faced with an ongoing economic depression, the restaurant industry has struggled with revenue loss due to the lack of dine-in customers and steep third-party delivery costs. By joining Sharebite’s network, restaurants are provided with easy access to the recovering office lunch market and are able to utilize their kitchen capacity to fulfill large orders well before the mid-day lunch rush.
The economies of scale associated with preparing, packaging and delivering hundreds of orders in one batch, to one address, is highly attractive, logistically easier to manage, and more profitable for restaurants, who additionally prefer Sharebite’s commission structure compared to what other delivery platforms charge. As a mission-driven company, Sharebite made the decision to waive all commissions to restaurants for the first six months of the pandemic, so that it can help ease the financial burdens restaurants are facing due to COVID-19.
“Sharebite cares deeply about the success of its small business restaurant partners during this difficult time, as well as the safety of our corporate clients and delivery personnel,” says Paul Appelbaum, Co-founder and former President of Seamless and a lead Sharebite investor. “I’m very proud to support Sharebite and I look forward to seeing Stations adoption increase in companies throughout the country.”
News and information presented in this release has not been corroborated by FSR, Food News Media, or Journalistic, Inc.