Stanford StartX-backed Farm Hill secures $3m in funding round, boosting the food delivery company's total to $4m.
US-based food delivery startup Farm Hill, backed by Stanford University’s accelerator StartX, has raised $3m in its latest funding round, TechCrunch reported on Monday.
It is not immediately clear from the report who participated in the latest round.
Farm Hill’s shareholders include Eagle Cliff Partners, Liberty City Ventures, Soma Capital and angel investors such as Zalmi Duchman. They, along with StartX, previously provided $1m in seed capital in January 2015.
Founded in 2013 and incorporated as Marck, Farm Hill cooks and delivers freshly prepared, seasonal lunches to office workers who can order individually or as a team through corporate accounts. Prices for meals start at $10.
The money is supporting an expansion from Silicon Valley into San Francisco, as well as a recruitment drive and an investment in various technologies to make the company’s operations more efficient.
