melbourne food delivery platform Providoor has entered liquidation, joining a rapidly growing list of tech startups around the country that have gone bust.
Key points:
- Providoor has entered liquidation after three years in business
- About 50 restaurants in Melbourne and Sydney will be affected by the closure
- Experts say the company was well-run and a victim of tightening economic conditions
Launched by celebrity chef Shane Delia in April 2020, the food delivery service capitalised on pandemic restrictions and expanded to Sydney, Canberra and Brisbane.
In a statement on Friday, Mr Delia said the company would cease taking orders immediately, blaming “challenging economic conditions” facing the hospitality sector.
“We served more than one million meals and built something that made a difference during some very dark days,” Mr Delia said.
“When people kept using Providoor after social restrictions were lifted, it showed us that it was a really good idea.”
Celebrity chef Shane Delia founded Providoor in 2020 in response to the COVID-19 lockdowns. (ABC News: Andrew Altree-Williams)
Providoor charged a 15 per cent commission to restaurants — half of the fee charged by industry giants such as UberEats and now-collapsed Deliveroo.