Tapingo, Inc.
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Tapingo, Inc. - overview
Established
2012
Location
San Francisco, CA, US
Primary Industry
Internet
About
Tapingo, Inc. is a technology company that specializes in mobile ordering solutions for food service environments, primarily targeting college campuses, hotels, and stadiums to enhance convenience for customers and operational efficiency for food providers. Founded in 2012 in San Francisco, US, Tapingo, Inc. focuses on mobile ordering for food services.
The company was acquired by Grubhub Holdings Inc. in a TRADE SALE for USD 150. 00 mn on September 25, 2018. The acquisition is expected to be finalized in the fourth quarter of 2018, consolidating its operations under Grubhub's food service technology offerings.
Tapingo offers a comprehensive suite of foodservice technology solutions including mobile ordering, point of sale systems, delivery services, and kiosk ordering platforms. These services streamline operations and improve customer convenience for primarily students and event attendees in urban areas and college-centric regions across the US. The revenue model for Tapingo involves partnerships and service agreements with clients in the foodservice sector. Clients engage in direct transactions for technology solutions including mobile ordering systems and delivery services, generating revenue through subscription agreements and delivery fees.
Following the acquisition by Grubhub in September 2018, Tapingo plans to leverage Grubhub's resources for product enhancements and market expansion. Future initiatives include launching new mobile ordering features tailored for additional environments, targeting expanded presence in urban markets and regions with large college populations by 2020. The recent funding from the acquisition will be utilized to scale operations and enhance technological capabilities.
Current Investors
Viola Group, Khosla Ventures
Primary Industry
Internet
Sub Industries
Web Applications
Website
www.tapingo.com
Verticals
E-commerce, FinTech, Mobile Apps, Social Media
Company Stage
Acquired
Total Amount Raised
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