[ Favor raises $22M in Series B ]

Favor has raised $22 million in Series B funding.

Founded in 2013, Favor is an on-demand delivery service that operates in Texas. Much like Postmates, the service lets users order food (as well as other stuff) from their favorite restaurants and has runners pick it up and deliver it to the end-user.

As part of the funding deal, Favor is bringing on 25,000 new runners and working out a plan to expand to more markets within Texas. Eventually, Bath tells TechCrunch, the company will proceed outside of the state of Texas, but for now they’re working on making Favor as strong as possible in Texas.

Funding  Series B
Founded  2013
Country  USA
City  Austin, Texas
Founder / CEO  Jag Bath, Steven Pho
Deal Size  $22M
Investors  Tim Draper
 S3 Ventures
 Silverton Partners
Previous Investors  S3 Ventures
 Silverton Partners
 Tim Draper
 Corsa Ventures

Investor & Serial Startupper ;-))

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