GrubHub Gets $50 Million Investment, Acquires Campusfood, Allmenus
share this story
Online and mobile food delivery service GrubHub has raised $50 million in Series E funding to focus on mobile development and has acquired both CampusFood.com and AllMenus.com, both under the umbrella of New York-based Dotmenu. With this acquisition, GrubHub claims to now have the largest set of restaurant menu listings in the country -- 250,000 menus -- from over 50 major cities and many more college towns.
Matt Maloney, GrubHub's co-founder and CEO said that the acquisition will allow GrubHub to reach college communities, a demographic it previously did not reach. Additionally, Maloney hopes to eventually take GrubHub public. With the additional of the college market, GrubHub is definitely giving its competitors a run for their money. Check out some other popular online food delivery websites:
Extremely popular among bankers and lawyers whose companies will comp them dinner if they stay late, <a href="http://www.seamless.com/" target="_hplink">Seamless Web</a> has dominated the online delivery space, at less in New York City. It has a pretty solid mobile app too. Seamless reaches over 1 million users from over 7,000 restaurants in 27 cities.
Started in 2004, the same year as GrubHub, <a href="https://www.delivery.com" target="_hplink">Delivery.com</a> has a network of about 10,000 restaurants in over 50 major cities.
<a href="http://www.freshdirect.com/" target="_hplink">FreshDirect</a> may not delivery restaurant meals, but in addition to groceries, it does provide over 600 prepared meal. For now, the company is limited to the New York metro area.
<a href="http://www.foodler.com/" target="_hplink">Foodler</a> has listings of restaurants in about a dozen major cities and offers a <a href="http://www.foodler.com/glossary/glossary.do" target="_hplink">food glossary</a>, divided by cuisine, if you are unsure about what a certain dish is.