Palo Alto California based Cut+Dry is raising $16,618,703.00 in New Equity Investment.
Palo Alto, CA – According to filings with the U.S. Securities and Exchange Commission, Cut+Dry is raising $16,618,703.00 in new funding. Sources indicate as part of senior management Chief Executive Officer, Mani Kulasooriya played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.
About Cut+Dry
Cut+Dry was created by a team of foodservice fanatics with decades of experience as serial entrepreneurs in hospitality and financial technology, restaurant operations, wholesale food distribution, and food analytics and data science. Our executive leadership was previously the core founding team of Sysco LABS, Syscos innovation and technology division, responsible for the development and deployment of the worlds largest foodservice distributors digital customer experience. This first-hand exposure to foodservice distribution illuminated the antiquated, analog process of procuring wholesale goods from those who supply them to those who ultimately consume them. Cut+Dry was born to provide distributors, their customers, and their suppliers with a single digital platform to make food commerce a more enjoyable, more profitable, and less wasteful experience.
To learn more about Cut+Dry, visit http://www.cutanddry.com/
Contact:
Mani Kulasooriya, Chief Executive Officer
650-838-4434
https://www.linkedin.com/in/manikulasooriya/
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