Food-delivery startup Wonder Group has gotten a $100 million investment from Nestle, according to sources familiar with the matter.
The funding could get Wonder a step closer to its ambitions of making it easier, faster and cheaper for busy families to have high-quality meals at home. The startup, which was valued at about $3.
Melissa Henshaw, president of out-of-home for Nestle, said many of Nestle's clients have struggled to keep up as customers seek convenient meals and bolder flavors, but the businesses lack the employees to make them. In many cases, that's led to changes that limit sales opportunities and disappoint customers, such as whittled-down room service menus at hotels, limited hours at cafes or food that's flavorless, soggy or cold.
Instead, the startup pivoted to opening a growing network of brick-and-mortar kitchens where it can make menu items across cuisines that customers would otherwise find at restaurants with large followings or celebrity chefs, such as José Andrés, Bobby Flay and Michael Symon. It has bought rights from a growing number of