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Food-Delivery Service Provider Munchery Abruptly Shutters After Raising Over $125M

Neon sign: Goodbye Money

Prepared meal delivery service provider has abruptly shut down, according to an email the company sent to customers today.

Founded nearly a decade ago, the company has from the likes of ,听, and .

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In its missive, Munchery announced 鈥渨ith a heavy heart鈥 that it was 鈥渃losing its doors and ending operations effective immediately.鈥 It added that any outstanding orders would be canceled and refunded. According to its , Munchery operated in San Francisco, Los Angeles, Seattle, and New York.

Munchery provided no further details on why it was shutting down.

Here鈥檚 an excerpt of the email:

鈥淪ince 2010, we have been committed to bringing fresh, local, and delicious meals into your homes along with all our customers across the country, We鈥檝e been delighted to work with world-renowned chefs, experiment with diverse and unique ingredients and recipes, and be a part of your holiday feasts and traditions. We have also enjoyed giving back to our community through meal donations, volunteer service, and so much more鈥e are so grateful to have had the opportunity to share our dream with you 鈥 it has been truly wonderful. Happy Eating!鈥

The news doesn鈥檛 come entirely as a surprise though. In January 2017, Munchery announced it was 30 employees. It then underwent a two months later. Munchery鈥檚 2015 $85 million the company at about $300 million, according to the Wall Street Journal.

Overall, the food-delivery delivery space has seen its share of struggles in recent years. In 2017, we covered how , a New York-based prepared food delivery startup, had raised more than $25 million only to be acquired by UK-based food delivery company . That wasn鈥檛 as great as it sounded considering that with the acquisition, Maple announced it was ceasing operations in New York 鈥 the only market it was in.

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