The group said the deal was completed in early March 2020 and will play a key role in reshaping the companies “return to work” strategy.
It added that it plans to utilise Feedr’s software across its portfolio of corporate clients, with further potential applications of the technology in education and healthcare sectors.
It revealed that Feedr’s mobile ordering and pre-pay technology will enable Compass to “transform” the way people interact with on-site restaurants, so employees can browse menus, pay and collect more flexibly.
In addition to adopting Feedr technology, Compass said it will invest in growing Feedr as an independent brand which will continue to operate in the delivery market with its Cloud Canteen product, with Feedr leveraging the Compass global platform to accelerate its growth.
Robin Mills, managing director, Compass Group UK and Ireland, said: “Compass is eager to embrace the potential of technology to improve the way we serve our clients and customers, and to help people make healthier choices. Feedr is a leader in its field and together with Riya, Lyz and their team we will ensure Compass is the partner of choice for any business wanting a personalised food offer for its employees.
“Feedr will provide the agility we need to meet the changing needs of workplace dining as we emerge from lockdown and adjust to a new normal.”
Riya Grover, co-founder and CEO of Feedr, added: “We are thrilled to be part of Compass Group and to integrate our ordering, payments and health technology across their portfolio. Operating at new levels of scale will allow us to accelerate our product innovation, and to support our marketplace of restaurant partners with new opportunities.”