MenuDrive
Have updates for this profile? Please contribute data
= Subscriber Access Only
You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.
With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.
MenuDrive - overview
Established
2009
Location
Albuquerque, NM, US
Primary Industry
Internet
About
MenuDrive is an online ordering and marketing platform tailored for the restaurant industry, enabling establishments to streamline their online ordering processes and enhance customer engagement through various marketing tools. MenuDrive specializes in providing a platform for restaurants to manage online orders efficiently. Founded in 2009 and headquartered in Albuquerque, US, the company was acquired by Lavu in April 2019. The acquisition marked a strategic move to enhance their service offerings.
The founder's background and previous ventures are not publicly detailed, but MenuDrive has focused on expanding its reach in the restaurant sector. MenuDrive provides a comprehensive online ordering and marketing platform specifically designed for the restaurant industry. Its core offering allows restaurants to create customized eCommerce sites for online ordering, streamlining the customer experience. The platform includes features such as social media integration, email marketing, loyalty programs, and coupon management, aimed at increasing customer engagement and repeat business.
Clientele includes a range of restaurants, bars, and breweries, all benefiting from flexible service options like curbside, takeout, and delivery. MenuDrive operates across key markets in the United States and Mexico, supporting local establishments in enhancing their online presence and sales. MenuDrive's revenue model is subscription-based, with restaurants paying fees for access to the platform and its marketing tools. Clients subscribe to various service tiers, which include features like storefront customization and analytics.
The company also offers premium services and advanced marketing tools as upsell opportunities. Importantly, MenuDrive enables clients to benefit from commission-free online ordering, allowing them to retain profits from sales made through the platform. This structure supports restaurants in maximizing their revenue without the need to share profits with third-party delivery services. Following its acquisition by Lavu in April 2019, MenuDrive plans to expand its product offerings further and enhance its platform functionalities.
The company is focused on introducing new features aimed at improving user experience and engagement. Additionally, MenuDrive is targeting expansion into new geographical markets, including additional cities across the United States and potentially exploring opportunities in Canada by 2023. Recent investments from Lavu will be directed towards these initiatives, helping to solidify its position in the competitive restaurant technology market.
Current Investors
Lavu
Primary Industry
Internet
Sub Industries
Restaurants & Nightlife, Web Development, Web Applications
Website
www.menudrive.com
Verticals
E-commerce
Company Stage
Add-on
Total Amount Raised
Subscriber access only
MenuDrive - employee data


Time to go Pro
Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.