Favor, the on-demand service focused on Texas, picks up $22 million Series B | TechCrunch

Favor is an on-demand delivery service that operates in Texas. Much like Postmates, the service lets users order food (as well as other stuff) from their favorite restaurants and has runners pick it up and deliver it to the end-user. The company has today announced the close of a $22 million Series B financing round led by existing investor S3 Ventures. Moreover, Favor says that the company has achieved profitability (overall profitability; not unit-economic profitability) as of this year.

Source: Favor, the on-demand service focused on Texas, picks up $22 million Series B | TechCrunch

About godsdog

Mitch Ratcliffe is a veteran entrepreneur, journalist and business model hacker. He operates this site, which is a collection of the blogs he's published over the years, as well as an archive of his professional publishing record. As always, this is a work in progress. Such is life.
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