Eat Club Raises $30m in Series C Funding

Eat Club, a Gaithersburg, Md.-based provider of corporate lunch programs, raised $30m in Series C funding.

The round was led by strategic investor, Sodexo, with participation from existing investors August Capital and Trinity Ventures.

The company intends to use the funds to expand to New York City and broaden its existing presence in the San Francisco Bay Area and Los Angeles.

Founded in 2010 by Kevin Yang and Rodrigo Santibanez and led by CEO Mike Griffith, EAT Club enables offices of any size (up to 1,000 employees) to offer their employees lunch as a benefit. Companies subscribe to the service and employees make their food selections from a “virtual cafeteria” on EAT Club’s mobile app or website. It features extensive daily options – including hot and cold, wholesome and hearty, vegan, vegetarian, gluten-free, dairy-free, paleo and diverse ethnic foods.

Today, the company serves tens of thousands of individual meals per day with a 99.7% on-time delivery rate.

FinSMEs

23/05/2017

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