BlueCart Acquires BinWise
BlueCart, Inc., a pioneer and industry leader in online and mobile procurement and fulfillment for the food industry, announced its acquisition of BinWise Inc. Dick Kramlich, Co-founder of NEA and Green Bay Ventures will be joining BlueCart’s Advisory Board. BinWise, Inc. is a best-in-class restaurant beverage management platform, used by hundreds of restaurants, including many US Michelin-star and Pellegrino’s Top 50 in the World restaurants.
"BlueCart is known for bringing innovative solutions to the food industry, and we are excited to join their team," says BinWise CEO Isabelle Hong. Together, BlueCart and BinWise are the only complete procurement and fulfillment solution for food and beverage buyers and suppliers. “BinWise is an essential tool for any restaurant and perfectly complements the value BlueCart brings to our customers,” says BlueCart CEO Konstantin Zvereff.
Used by thousands of operators nationwide, who are conducting in excess of $400 million in annual GMV through the platforms, the two companies represent the largest technology provider for the hospitality industry. The combination of BlueCart and BinWise will serve over 73,000+ restaurants and wholesale suppliers.
“The BlueCart and BinWise merger will provide the currently-fragmented hospitality industry with a single platform for food and beverage management. We will continue to expand the platform to include other services through further acquisitions,” says Dick Kramlich, BlueCart and BinWise investor.