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Maple raised $25M cooking dinner in Manhattan — Deliveroo bought its tech, not its brand

Maple built its own kitchens to deliver dinner in 30 minutes. Two years and $25M later, Deliveroo absorbed its technology and shut the brand down.

Maple · Deliveroo · 2017-05-08

What happened

Maple launched in Manhattan's Financial District in April 2015, founded by Caleb Merkl and Akshay Navle with chef David Chang backing it as an investor. Like Sprig and Munchery, it ran its own kitchens rather than partnering with restaurants, sourcing and preparing meals in-house and promising 30-minute delivery for $12 lunches and $15 dinners. It raised over $25 million but never expanded beyond its original New York market.

The same vertical-integration cost structure that squeezed Sprig and Munchery around the same time squeezed Maple: owning kitchens, cooks and delivery all at once left no partner to absorb any part of the cost, and the model never scaled past a single city's worth of demand.

On May 8, 2017, Maple shut down its New York operations and was absorbed by UK-based Deliveroo, which took its technology and part of its team — founders Merkl and Navle among them — rather than paying for a continuing brand. Deliveroo CEO Will Shu said the acquired technology would accelerate Deliveroo Editions, its dark-kitchen platform helping restaurants launch delivery-only menus.

Why it happened

  • Owning kitchens, prep and delivery all at once meant every cost of the business sat on Maple's own books, with no restaurant or gig-delivery partner to share the risk.
  • Staying confined to a single market for two years meant the company never tested whether its model could work at a scale large enough to spread fixed kitchen costs further.
  • A celebrity-chef association bought press attention at launch but did not change the underlying unit economics that eventually forced the shutdown.
  • Deliveroo's interest in the technology rather than the brand shows the value that survived was the dark-kitchen infrastructure, not the consumer-facing business built around it.
What it cost$25M raised; shut down and absorbed after 2 yearsembarrassing

The lesson

Maple never left its single market, and a kitchen-owned delivery model that worked small never proved it could work bigger. What survived the shutdown was the software, not the restaurant.

Aftermath

Deliveroo used Maple's technology to build out Deliveroo Editions, its dark-kitchen platform for restaurants launching delivery-only brands. Maple's founders and part of its engineering team joined Deliveroo; the Maple consumer brand did not continue.

Sources

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