Sharebite feeds hundreds of companies. Its CEO wants US employers to copy Brazil
Companies that join receive tax incentives for feeding their employees, and the program now reaches about 22 million workers, according to Brazil’s Ministry of Labor and Employment.
Key points
- Rao says Sharebite’s job is aligning “a real business need with a much broader problem,” and credits his team with developing “solutions to solve those problems at that scale” as it works with larger customers.
- A Government Accountability Office report found that Uber, Lyft and DoorDash now lead major employers in workers receiving SNAP benefits, ahead of Walmart and McDonald’s.
- For every meal ordered on the platform, Sharebite donates an equivalent meal through nonprofit partners including Feeding America and City Harvest.
That’s the reported number!” said Rao, CEO and co-founder of Sharebite, a New York–based employee meal-benefits platform.
Companies use it to manage employee food ordering, meal allowances, and catering for in-office, remote, and hybrid teams, setting stipends and spending limits from one dashboard instead of processing expense reports.
Additional details
- Workers surveyed by Owl Labs said they would come back if employers covered commuting, childcare, and lunch and coffee, Fortune reported in 2023.
- How Sharebite turns office lunch into donations Founded in 2016, Sharebite is built for businesses, not consumers.
- Healthcare spending and lost productivity tied to poor diets and food insecurity exceed $1.1 trillion a year, according to a fact sheet from the Food is Medicine Institute at Tufts University.
- Rao’s pitch is that companies can close part of that gap through something many already pay for: lunch.
- Annual inflation reached 3.7% in September, according to the Bureau of Labor Statistics, and food prices are up 33% since 2019, per an Associated Press analysis of federal data cited by NPR.
How this summary was made: extractive summary — built from the sources' own reporting. It is drawn only from the reporting of the sources listed below — read the originals for full detail. How we summarize →
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