Slice only does pizza things — and it just raised $43M more to do them

Sounds cheesy... Pizza ordering app Slice just raised $43M in fresh dough to help small pizzerias go online. For the Big Four players in the mafia-style delivery wars – DoorDash, Grubhub, Uber Eats, and Postmates — more is more (1,578 different pad thai options within delivery-range). But for Slice, less is more, and pizza is everything (we don't blame it):

• Slice helps small pizzerias compete with big chains — it provides all the tech, payment systems, customer service, and marketing that these mom-and-pop shops need to make it in the heated $46B US pizza market. Call it PaaS (pizza as a service).
• Unlike the Big Four food platforms — which can take more than a 20% cut on orders through various fees — Slice charges a set $2.25 commission + 4% processing fee per order (though it doesn't actually deliver the pizza). Still, steep fees can be killer especially for smaller businesses.

Slices on Slice are well positioned in the corona-conomy... 90% of its 13K pizza partners have stayed open during lockdowns — That's because of pizza-nomics (the economics of pizza). Pizza joints were doing takeout/delivery on their own well before apps were a thing, unlike your neighborhood tapas spot and most other food options.