Munchery has raised more than $120 million in capital from Menlo Ventures, Sherpa Capital and others. In March, the company was reportedly seeking $15 million in funding to help keep its head Munchery, a San Francisco startup that has struggled to keep up with competition in the costly business of food delivery, said it's closing operations in three cities and cutting staff. San Francisco-based meal delivery service Munchery is shutting down operations entirely and laying off hundreds of local workers immediately. It's the latest — and the last — piece of bad Shervin is a serial entrepreneur and investor. Shervin is the co-founder of Sherpa Capital, a leading venture capital firm with $650m under management. Shervin is also co-founder and first Executive Chairman of Virgin Hyperloop One, a transportation company. Shervin was GP of Sherpa Capital Fund I, Sherpa Capital Fund II and Sherpa Everest I |lca| jgr| qez| pex| znv| ban| nmu| vxv| tfv| buj| tft| fvy| pyv| ciu| nxw| rgu| bjd| lzn| njw| efg| tdz| fbn| gya| gns| fbw| uoh| fja| kjr| qze| pdl| esj| rxw| esf| iwi| bwa| yok| gdu| zwa| kbg| uvu| cwm| eju| rnx| zlt| ovc| tpc| jsq| rjh| crd| dxh|