What is EatStreet?
EatStreet operates as a comprehensive digital marketplace that bridges the gap between local restaurant operators and a vast consumer base. By providing a streamlined mobile and web-based ordering platform, the company facilitates seamless transactions for over 15,000 restaurants. Its market position is defined by its independence from larger, consolidated delivery conglomerates, allowing it to maintain a specialized focus on regional market penetration and operational efficiency. The company's business model leverages proprietary technology to optimize delivery logistics, ensuring that both restaurant partners and end-users benefit from a reliable, high-performance service ecosystem.
How much funding has EatStreet raised?
EatStreet has raised a total of $37M across 7 funding rounds:
Other Financing Round
$150K
Debt
$502K
Series A
$2.4M
Series B
$6M
Series C
$15M
Private Equity
$11M
Debt
$2M
Other Financing Round (2012): $150K with participation from gener8tor
Debt (2012): $502K led by Gener8tor
Series A (2013): $2.4M supported by Cornerstone Angels, Gener8tor, Great Oaks Venture Capital, and Independence Equity
Series B (2014): $6M featuring Independence Equity, Cornerstone Opportunity Partners, Great Oaks Venture Capital, Siliconu00a0Valley Bank, and CSA Partners
Series C (2015): $15M backed by Lumia Capital, GCI Capital, State of Wisconsin - Investment Board, MATH Venture Partners, and 4490 Ventures
Private Equity (2016): $11M, investors not publicly disclosed
Debt (2020): $2M led by PPP
Key Investors in EatStreet
Lumia Capital
Lumia Capital is an internationalization platform that supports U.S. and European innovators, focusing on product-driven businesses with global applicability in sectors like mobile technology and cloud applications.
Great Oaks Venture Capital
Great Oaks Venture Capital is an early-stage investment firm that provides hands-on support to founders building transformative companies across software, marketplaces, and enterprise solutions.
Independence Equity
Independence Equity is a venture capital firm specializing in early-stage investments for companies that are commercializing technologies aimed at improving resource utilization.
What's next for EatStreet?
Looking ahead, EatStreet is positioned to leverage its historical capital base to further refine its technological stack and deepen its market penetration. The strategic focus remains on enhancing the user experience through data-driven insights and expanding its network of restaurant partners. As the food-tech landscape continues to consolidate, EatStreet's ability to maintain its independent status while scaling operations will be critical. Future growth initiatives are expected to prioritize operational sustainability and the integration of advanced delivery solutions to meet the evolving demands of the digital-first consumer, ensuring the company remains a formidable entity in the competitive landscape of online food services.
See full EatStreet company page
