1 CONFIDENTIAL

Building a Smarter Foodservice

SERIES A FINANCING

FoodBytesPitch

2 CONFIDENTIAL

TeamFoodbytes Pitch

Matt FergusonChief Technology Officer

➞ 27 years of Building Engineering Teams Chris Bialecki

Head of Customer Success➞ 5 years of leading Restaurant Operations, 4 years of SaaS CS

Kirsten Van Fossen, Ph.D.Sustainability & Education

➞ Ph.D. in Sustainability from Cambridge, Startup experience

Benji KoltaiCo-Founder, CEO

➞ Engineer @ Box @Sprig, 7 years kitchen software development

Ian ChristopherCo-Founder, CXO

➞ 8 years of Executive hospitality, 5 years of Ag & Supply Chain Exp.

Our VisionA global food system connected by Galley from producer to preparer to consumer that drives

efficiency and sustainability, enabling the supply of food to match demand.

INVESTORS ADVISORS RESEARCH PARTNERS

3 CONFIDENTIAL

Kitchen Chaos is Stressing People, Planet & Profits

https://reports.valuates.com/search?qccode=All&qstr=&qcname=All&category=Food%2BService

Over 20% of all food is thrown

away in foodservice

(roughly $40B in the US alone)

Not knowing what you have on hand and what you need next

week leads to massive amounts of

waste

Foodservice runs on pen and paper and

spreadsheets, which leads to

informed guessing

Foodbytes Pitch

4 CONFIDENTIAL

Galley is digitizing kitchens with the ‘right’ data model

1 32In order to drive out error and waste

To fully automate purchasing for the food service industry

5 CONFIDENTIAL

Recipes are a foodservice's core data.

Galley simplifies delivery businesses. AI makes better decisions like which recipes to offer at what time depending on customer preference and seasonality.

Galley's open API streamlines adoption of other technologies.

Recipes are data

AccountingDelivery Partners

Menu Displays &

POS

Suppliers

Robotics & Automation

Cost Optimization

TasksAutomation

Staffing Automation

Inventory Management

Dynamic Menu

Creation

PurchasingAutomation

Recipes

Marketing

Ecosystem

Foodbytes Pitch

6 CONFIDENTIAL

The new standard in food dataFoodbytes Pitch

7 Title of presentation CONFIDENTIAL

Our Growing Customers

Building supply chain logistics on

top of Galley API

Launched new facility in 51 days

Galley already partners with some of the largest

food brands on earth.

Spreadsheet system was

blocking scale

2 accounts live after 90

day onboarding

Foodbytes Pitch

Meal kit that launched in

96 days, they expected 6

months

Legacy brand adopts

a modern tech stack

8 CONFIDENTIAL

Pricing Strategy

L155+ Customers

Avg MRR = $850Avg. Food Cost % = 1.35

L25+ Customers

Avg MRR = $9080Avg. Food Cost % = 1.42

$1.23MCURRENT ARR

SaaS (Module + Location

Based)

CURRENT MODEL

Galley charges a base subscription fee per module per location and a 1% transaction fee for all purchases made in platform.

TRANSACTION FEE TARGET

SaaS + Transactions

Galley guarantees customers a fixed food

cost percentage. Galley's revenue is the

delta between the guaranteed percentage

and actual

PaaS (% Revenue)

1%GMV-% TARGET

1%

Foodbytes Pitch

9 CONFIDENTIAL

Market Opportunity

SaaS Business(Current)

Total Potential Revenue

Potential revenue

capture based on

market penetration

1% of TAM

Potential revenue

capture across all target

segments

Total $ Spent on Food

by US Foodservice

industry

SOM

$332B

$3.3B

$564M

SAM

TAM

Foodbytes Pitch

10 CONFIDENTIAL

Let’s change the world, one recipe at a time

Investors

Foodbytes Pitch

✔ We’re currently raising our Series A

Corporate Partners

✔ Access to industry leading data set✔ Recipe R&D system

FoodBytes Ecosystem

✔ A platform to accelerate innovation and partnership

For questions please contactKirsten@GalleySolutions.com