# Yay Lunch!

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/yay-lunch

- Industry: Food
- Headquarters: Charlottesville, US
- Website: www.yaylunch.com
- Total disclosed funding: $20M
- Latest round: Series C (Dec 21, 2022)
- Investors on record: 7

## About

Yay Lunch!, based in Charlottesville, VA, is a meal service company founded in 2017 that focuses on providing nutritious and appealing dining programs tailored specifically for schools across the United States.Yay Lunch! specializes in creating modern dining solutions for educational institutions. The company, headquartered in Charlottesville, Virginia, was founded in 2017 by Christina Diiorio, who has a background in food service and educational programs. In December 2022, Yay Lunch! secured USD 7.5 mn in Series C funding from FJ Labs, which contributed to the total amount raised of USD 7.5 mn. The company has completed six deals since its inception, with the most recent deal occurring on December 21, 2022.Yay Lunch! specializes in modern dining programs tailored for schools, focusing on nutritious meal options designed to enhance the well-being of students. The core offerings include a diverse weekly menu comprised of items such as pasta, burrito bowls, grilled cheese sandwiches, sushi rolls, and pizza, crafted to cater to students' tastes while ensuring nutritional balance. The service operates through partnerships with various educational institutions, targeting schools across multiple geographical markets including urban and suburban districts in the United States. By fostering collaboration with school administrators, Yay Lunch! builds customized dining services that meet the specific needs of each institution, thereby simplifying the dining experience for parents and enhancing student satisfaction.Yay Lunch! generates revenue through a structured partnership model with educational institutions, operating primarily on a B2B basis. Schools engage with the company to implement dining programs, which may include subscription-based services that offer meal plans or one-time purchases for specific events. Clients typically pay for the meal offerings provided to students, ensuring a straightforward transactional structure. The pricing plans encompass various tiers based on menu selections and the number of students served, facilitating a direct relationship between Yay Lunch! and its client schools, allowing for consistent revenue generation based on the number of participating students and the frequency of meal service.In December 2022, Yay Lunch! raised USD 7.5 mn in Series C funding to support its growth strategy. The company plans to expand its product offerings, launching new meal options designed specifically for the evolving dietary preferences of students. Additionally, Yay Lunch! aims to enter new geographical markets, focusing on both urban and suburban school districts across the United States by 2024.

## Funding rounds

- Series C, Dec 21, 2022, $7.5M — FJ Labs
- Series A, Jun 1, 2022 — FJ Labs
- Series A, Nov 20, 2021, $12M — Pritzker Group Venture Capital, Valor Equity Partners, Reach Capital, TMV, Animo Ventures, Alpaca Ventures
- Seed, Jul 16, 2021 — Animo Ventures
- Seed, Dec 20, 2019 — Animo Ventures

## Investors

- Animo Ventures (https://capitalatlas.ai/funds/animo-ventures) — Seed, Series A
- Pritzker Group Venture Capital (https://capitalatlas.ai/funds/pritzker-group-venture-capital) — Series A
- Valor Equity Partners (https://capitalatlas.ai/funds/valor-equity-partners) — Series A
- Reach Capital — Series A
- TMV (https://capitalatlas.ai/funds/tmv) — Series A
- Alpaca Ventures — Series A
- FJ Labs (https://capitalatlas.ai/funds/fj-labs) — Series A, Series C