Foodbuy is the largest foodservice procurement organization in North America, established in 1999. This organization has cemented its position as the exclusive sourcing partner for Compass Group North America, providing a significant edge in contract negotiations for its members. The strategic alliance leverages the immense volume of Compass Group's business to secure favorable terms even with the largest foodservice manufacturers. In March 2000, Foodbuy received a significant $1.50M Series B investment from Kinetic Ventures, signifying a strong show of confidence from the investment community. Operating within the dynamic industries of Food Delivery and Food and Beverage, Foodbuy's unique positioning presents an exciting opportunity for potential investors looking to tap into the flourishing foodservice procurement sector.
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