Shift4 has made a capital investment in
Lunchbox, selecting the technology solution provider as the
enterprise partner for its SkyTab POS solution. The news comes
alongside Lunchbox's appointment of James
Walker as its new CEO.
NEW YORK,
March 10,
2025 /PRNewswire/ -- Lunchbox, the leader in
enterprise restaurant catering and off-premise technology, has
announced the appointment of James
Walker as CEO as the company enters a new era of growth with
a clear roadmap to profitability and innovation. With record
momentum—including high-profile enterprise brands joining its
expanding portfolio, an explosive rise in product adoption, and a
sharpened focus on the next generation of restaurant
technology—Lunchbox has also announced a funding round led by a
strategic investment from Shift4, the leader in integrated payments
and commerce technology.
Shift4 invests in Lunchbox. The news comes
alongside Lunchbox's appointment of James
Walker as its new CEO.
James Walker Appointed as CEO, Nabeel Alamgir Executive
Chairman
James Walker and
Nabeel Alamgir will work as
strategic partners to drive Lunchbox into its next phase of growth.
Walker will lead growth and execution, leveraging decades of
industry experience, while Alamgir doubles down on AI and
automation, ensuring that Lunchbox remains the industry's most
advanced, operator-first platform. Together, they're building a
Lunchbox that helps operators scale faster, work smarter, and stay
ahead leveraging best-in-class technology.
"We're charting a bold new course for
restaurant technology," said Nabeel Alamgir, Executive Chairman of Lunchbox.
"With James at the helm, Shift4's backing, and our relentless
focus on innovation, we're not just building for today—we're
designing for tomorrow's restaurant operators."
James Walker Brings Operator Edge, Decades of
Experience
A seasoned industry leader, Walker brings
30+ years of executive experience across QSR, Fast Casual, and
Casual Dining, scaling global brands like Subway®, Nathan's
Famous®, and Cinnabon®. Before stepping into the CEO role, he has
served on Lunchbox's Board of Directors for over x years, playing a
key role in securing its investment and partnership with
Shift4.
Walker, widely respected in restaurant tech and
delivery, combines expertise in enterprise growth, AI strategy, and
operations to drive Lunchbox's next phase of growth. He holds an
MBA from Duke and has completed
executive programs at Harvard,
Yale, and MIT, including a focus on AI strategy at
MIT.
"Lunchbox is a pioneer in restaurant
innovation, and I'm honored to lead the charge alongside
Nabeel Alamgir," said James Walker, CEO of Lunchbox. "Restaurants
deserve technology that works for them, not against them. My focus
is on scaling our solutions to meet the evolving needs of
enterprise brands, ensuring they have the tools to compete and
succeed in today's digital-first landscape."
Record Growth and a Focus on the
Future
Lunchbox has experienced record-breaking growth, with
a 340% increase in average deal size since 2022, as it
continues moving upmarket with brands like Paris Baguette,
Pei Wei, Friendly's, Hawaiian Bros,
Biscuitville, and Papa John's. The company's long-standing
partners—including Clean Juice and other multi-unit brands—have
contributed to 300% growth in product adoption, with the
average number of products per client rising from 1 to 4 since
2022.
Strategic Investment Led by
Shift4
Fueling this momentum, Lunchbox has secured a new
round of funding, led by Shift4, further validating its market
leadership and profitability strategy. This funding will accelerate
product development, enhance enterprise capabilities, and reinforce
Lunchbox's commitment to helping restaurant brands scale
seamlessly. With the strategic partnership, Shift4 will prioritize
Lunchbox as the enterprise solution for its SkyTab POS system.
"We're excited to partner with Lunchbox as
they set the standard for order management and other enterprise
restaurant solutions," said Taylor
Lauber, President of Shift4. "By integrating their powerful
capabilities into SkyTab POS, we're able to enhance our product
ecosystem to better serve the needs of enterprise restaurants and
deliver a unique differentiator to this customer segment. Our
investment reflects our confidence in Lunchbox's vision to continue
to transform the restaurant technology landscape."
With a sharpened focus on AI, automation, and the
evolving needs of enterprise brands, Lunchbox is redefining what
restaurant technology can achieve. Built by operators, for
operators, the platform continues to evolve, with its customers
having a direct seat at the table in shaping the roadmap.
About Lunchbox
Lunchbox is the premier
restaurant technology solution for enterprise brands, enabling them
to scale their digital presence efficiently. With a suite of
products specializing in app and web ordering, catering, order
aggregation, guest engagement, marketing, and an open API platform,
Lunchbox empowers over 5,000+ restaurant locations
nationwide, including Firehouse Subs, Torchy's Tacos, Taco
Bueno, and Clean Juice. For more information, visit
www.lunchbox.io.
About Shift4
Shift4 (NYSE: FOUR) is
boldly redefining commerce by simplifying complex payment
ecosystems across the world. As the leader in commerce-enabling
technology, Shift4 powers billions of transactions annually for
hundreds of thousands of businesses in virtually every industry.
For more information, visit shift4.com.
Media
Contacts:
Lunchbox
Adriana
Desmond
adesmond@lunchbox.io
Shift4
Nate
Hirshberg
nhirshberg@shift4.com
ICR for Shift4
Sara Davis
sara.davis@icrinc.com
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SOURCE Lunchbox
