- September 12, 2017
- Posted by:
- Category: FundingSMEs.com
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.
|Founder / CEO||Jag Bath, Steven Pho|
|Previous Investors||S3 Ventures|