ezCater, Inc.
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ezCater, Inc. - overview
Established
2007
Location
Boston, MA, US
Primary Industry
Internet
About
Based in Massachusetts, US, and founded in 2007 by Briscoe Rodgers, and Stefania Mallett, ezCater, Inc. , a. k. a.
MealDetails provides an online ordering platform for catering services that allows corporate clients to gain visibility on food expenses and set controls on the costs per head, tipping, and budgets. In December 2021, ezCater, Inc. raised USD 100 million in a Series D funding led by SB Investment Advisers, with participation from Invus, Quadrille Capital, GIC PE&I, Iconiq Capital, Insight Partners, and other unspecified investors. The series D funding values ezCater, Inc.
at USD 1. 6 billion post-money. As of December 2021, ezCater, Inc. has raised a total of USD 417.
04 million in funding and co-founder Ms. Stefania Mallett is the CEO of the company. ezCater, Inc. offers an online ordering platform, that allows corporate clients to order routine lunches to offsite client meeting food for 5 to 2,000 people.
The company connects business people with more than 78,000 restaurants and local caterers across the US. As of December 2021, ezCater is connected to multiple business caterers that provide catering services across 22,743 cities and towns in the US. The firm also provides clients with account managers to arrange and automate their orders and provides caterers with e-commerce and support tools for their business. The company generates revenue by receiving a commission from restaurants for each order from their platform.
ezCater, Inc. plans to use its proceeds from a Series D funding to continue the expansion of corporate food solutions for today’s workplaces.
Current Investors
Insight Partners, ICONIQ Capital, Wellington Management
Primary Industry
Internet
Sub Industries
Food & Beverage Distribution, Internet
Website
www.ezcater.com
Verticals
E-commerce, Mobile Apps
Total Amount Raised
Subscriber access only
ezCater, Inc. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on, Trade Sale | Completed | MonkeySoft Solutions Incorporated | - |
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ezCater, Inc. - employee data
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