SpoonRocket

Platform that delivered food in 15 minutes or less

Overview
Product Description

SpoonRocket’s approach was speed and low prices over quality, shooting for sub-10 minute delivery of sub-$10 meals. It aimed to be cheaper and faster than cooking or ordering delivery from a traditional restaurant. SpoonRocket’s chefs made its limited selection of meals each day in bulk, then sent them out for distribution through cars equipped with warming cases.

Quick Stats

2013

Started in

Mar, 2016

Closed in

11-50

Employee (s)

$13,500,000

Total Raised

Question asked • Startup Failure528 views

Why did SpoonRocket fail?

Follow This Question - 1
Evan Lee
Updated on 25 Jul, 2017
Competition
Poor Product
Ran Out of Funding
0 Upvotes
Investors - 9
Funding Rounds - 2

Seed - $2,500,000

Series A - $11,000,000