TruckBux is a full-stack online ordering platform for food truck owners & their customers1-10 Employees
- B2C
- B2B
- Early StageStartup in initial stages
- Website
- Location
- Company size
- 1-10 people
- Total raised
- $490K
- Company type
- Food & Tech
- Markets
TruckBux careers
"Today, the National Restaurant Association reports that over 60% of all restaurant traffic is off-premises, including carryout, delivery, drive-thru, curbside, even food trucks. That trend is expected to continue, with off-premises traffic posting stronger growth than on-premises over the next decade."
Food trucks were born into existence under hard times during the 2008 Recession, when food entrepreneurs didn't have the capital for brick and mortar, and reverted to food trucks (a fraction of the startup cost.) What seemed like a devastating misfortune to many, gave birth to a multi-billion dollar industry a decade later; food trucks.
Every restaurant in the country is now operating as a ghost kitchen. We're seeing a major transformation during the crisis - and this pandemic has fully validated off-premise dining models (food trucks, ghost kitchens, delivery.) After all, food trucks are mobile ghost kitchens and uniquely positioned now more than ever. By nature, food truck vendors are creative and adaptive. They don't bear the labor cost or overhead of brick & mortar. Although now - they are seeking online ordering platforms at unprecedented levels to reach customers through pickup and delivery.
The Problem:
However, Food Trucks: (1) have very long lines, (2) have inflexible payment options as 62% are cash only, & (3) are nearly impossible to locate. This lack of innovation results in severe customer frustration, and a major loss in potential sales for the food truck.
The Solution:
Our app allows customers to find nearby food trucks & order ahead for pickup & delivery. They can pay using Venmo, Apple Pay or card.
For Food Truck Owners:
Food Trucks owners have their own app which can be used on a smartphone device or tablet. It also allows them to receive incoming pickup & delivery orders, set their live location, maintain control of menu & hours, and receive sales analytics for any custom date range and detailed data analytics.
Food trucks were born into existence under hard times during the 2008 Recession, when food entrepreneurs didn't have the capital for brick and mortar, and reverted to food trucks (a fraction of the startup cost.) What seemed like a devastating misfortune to many, gave birth to a multi-billion dollar industry a decade later; food trucks.
Every restaurant in the country is now operating as a ghost kitchen. We're seeing a major transformation during the crisis - and this pandemic has fully validated off-premise dining models (food trucks, ghost kitchens, delivery.) After all, food trucks are mobile ghost kitchens and uniquely positioned now more than ever. By nature, food truck vendors are creative and adaptive. They don't bear the labor cost or overhead of brick & mortar. Although now - they are seeking online ordering platforms at unprecedented levels to reach customers through pickup and delivery.
The Problem:
However, Food Trucks: (1) have very long lines, (2) have inflexible payment options as 62% are cash only, & (3) are nearly impossible to locate. This lack of innovation results in severe customer frustration, and a major loss in potential sales for the food truck.
The Solution:
Our app allows customers to find nearby food trucks & order ahead for pickup & delivery. They can pay using Venmo, Apple Pay or card.
For Food Truck Owners:
Food Trucks owners have their own app which can be used on a smartphone device or tablet. It also allows them to receive incoming pickup & delivery orders, set their live location, maintain control of menu & hours, and receive sales analytics for any custom date range and detailed data analytics.
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Nick Nanakos
Founder, CEO @TruckBux
24 y/o founder from NY. A family background of food entrepreneurship. Left school to pursue my passion, TruckBux.
Valuation
$6M
Funded over
2 rounds
Latest round
Pre-Seed (Oct 2020)
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