EAT Club

EAT Club, Inc.Founded in 2010 in Redwood City, US, EAT Club specializes in meal delivery solutions for corporate clients. The company had a pivotal moment in April 2021 when it was acquired by Compass Group. The founders include Alex Chiou, Emir Ibrahimof, and Lucy Zhang, with Ben Wright currently serving as CEO.EAT Club specializes in providing individual meal delivery services tailored for businesses that do not have onsite dining facilities. Their primary offering allows employees to select meals that cater to their personal tastes and dietary restrictions from a diverse and rapidly changing menu available daily. This service addresses common challenges within workplace dining, such as menu management and food quantity logistics, streamlining the lunch experience by consolidating deliveries to ensure meals arrive at the company during a specified time frame. EAT Club’s technology platform enhances the ordering process and supports scalability, enabling the company to serve a broad client base, including over 1,145 businesses across nine active cities in the United States.EAT Club operates on a business-to-business model, providing meal delivery services directly to corporate clients, which form the cornerstone of its revenue generation strategy. The transaction structure typically involves established contracts with companies who subscribe to the service, allowing their employees to order meals individually while benefiting from coordinated delivery. This model not only simplifies the meal ordering process but also supports client retention and satisfaction, fostering long-term partnerships. While specific pricing plans or details on flagship services are not disclosed, the revenue structure is aligned with the scale of service provided to companies, ensuring that businesses can cater to various employee needs without incurring food waste.EAT Club aims to enhance its offerings and expand its reach. EAT Club is also targeting expansion into additional metropolitan areas across the United States to broaden its market presence.

1. Series C

   May 19, 2017

   Amount

   $30M

   Investors

   Locked

2. Series B

   Jul 28, 2014

   Amount

   $10M

   Investors

   Locked

3. Series A

   Apr 3, 2013

   Amount

   $5M

   Investors

   Locked

4. Seed

   Aug 1, 2011

   Amount

   $0.1M

   Investors

   Locked

5. Seed

   Jun 21, 2011

   Amount

   $1.3M

   Investors

   Locked