Eat Club Overview
- Year Founded
-
2010
- Status
-
Acquired/Merged
- Employees
-
800
- Latest Deal Type
-
M&A
Eat Club General Information
Description
Operator of a corporate food delivery platform intended to provide individualized meal experiences for businesses. The company's technology unifies meal ordering, food production, and synchronized logistics into a virtual cafeteria experience, enabling corporate clients and institutions to offer aggregated, packaged meals to employees through a recurring daily or weekly delivery service.
Contact Information
Website
www.eatclub.com(Operating Subsidiary)
Corporate Office
- 1400A Seaport Boulevard
- Suite 400
- Redwood City, CA 94303
- United States
Corporate Office
- 1400A Seaport Boulevard
- Suite 400
- Redwood City, CA 94303
- United States
Eat Club Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 7. Merger/Acquisition | 03-Oct-2020 | Completed | Generating Revenue | |||
| 6. Debt - PPP | 30-Apr-2020 | Completed | Startup | |||
| 5. Later Stage VC (Series C2) | 26-Feb-2019 | Completed | Startup | |||
| 4. Later Stage VC (Series C) | 19-May-2017 | Completed | Startup | |||
| 3. Early Stage VC (Series B) | 08-Oct-2013 | Completed | Startup | |||
| 2. Early Stage VC (Series A) | 03-Apr-2013 | $5.24M | $6.74M | Completed | Startup | |
| 1. Seed Round | 01-Jun-2011 | $1.5M | $1.5M | Completed | Startup |
Eat Club Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate ($) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series C2 | ||||||||
| Series C1 | ||||||||
| Series C | ||||||||
| Series B | ||||||||
| Series A | 10,138,738 | $0.000100 | $0.04 | $0.51 | $0.51 | 1x | $0.51 | 14.5% |
| Seed | 3,431,310 | $0.000100 | $0.03 | $0.44 | $0.44 | 1x | $0.44 | 4.91% |
Eat Club Comparisons
Industry
Financing
Details
Eat Club Competitors (25)
One of Eat Club’s 25 competitors is Foodee, a Formerly VC-backed company based in Vancouver, Canada.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Foodee | Formerly VC-backed | Vancouver, Canada | ||||
| Hungryroot | Venture Capital-Backed | New York, NY | ||||
| Fooda | Private Equity-Backed | Chicago, IL | ||||
| Cater2.me | Private Equity-Backed | San Francisco, CA | ||||
| Eternal (Gurugram) | Formerly VC-backed | Gurugram, India |
Eat Club Signals
Eat Club Former Investors (15)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Alium Capital Management | PE/Buyout | Minority | ||
| August Capital | Venture Capital | Minority | ||
| Angel (individual) | Minority | |||
| Angel (individual) | Minority | |||
| Compass Digital Ventures | Corporate Venture Capital | Minority |
Eat Club Investments & Acquisitions (3)
Eat Club’s most recent deal was a Merger/Acquisition with Taro (Information Services (B2C)). The deal was made on 17-Apr-2019.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Taro (Information Services (B2C)) | 17-Apr-2019 | Merger/Acquisition | Information Services (B2C) | ||
| Red Piranha | 17-Sep-2018 | Seed Round | Network Management Software | ||
| Farm Hill | 17-May-2018 | Merger/Acquisition | Food Products |
Eat Club FAQs
-
When was Eat Club founded?
Eat Club was founded in 2010.
-
Where is Eat Club headquartered?
Eat Club is headquartered in Redwood City, CA.
-
What is the size of Eat Club?
Eat Club has 800 total employees.
-
What industry is Eat Club in?
Eat Club’s primary industry is Other Restaurants, Hotels and Leisure.
-
Is Eat Club a private or public company?
Eat Club is a Private company.
-
What is Eat Club’s current revenue?
The current revenue for Eat Club is .
-
How much funding has Eat Club raised over time?
Eat Club has raised $59.2M.
-
Who are Eat Club’s investors?
Alium Capital Management, August Capital, , , and Compass Digital Ventures are 5 of 15 investors who have invested in Eat Club.
-
Who are Eat Club’s competitors?
Foodee, Hungryroot, Fooda, Cater2.me, and Eternal (Gurugram) are some of the 25 competitors of Eat Club.
-
When was Eat Club acquired?
Eat Club was acquired on 03-Oct-2020.
-
Who acquired Eat Club?
Eat Club was acquired by Compass Group.
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