EAT Club, a San Francisco, CA-based food tech company that brings lunches to professionals, raised a $5m Series A funding.
The round was led by August Capital, with participation from First Round Capital, Siemer Ventures, Great Oaks Venture Capital, Launch Capital, Tekton Ventures, Mark Vadon (Co-Founder of Blue Nile & Zulily) and angel investors. In conjunction with the funding, Howard Hartenbaum of August Capital joined the company’s Board of Directors.
The funds will be used to expand the service in new cities.
Founded in 2010 by CEO Kevin Yang and Rodrigo Santibanez, EAT Club presents an always-changing daily assortment of lunches to its members via its website and mobile services. Members who order lunch receive a freshly prepared restaurant meal, delivered to their office between 11:30 a.m.-12:30 p.m.
The company currently delivers to over 1,500 California Bay Area companies. Customers include Chegg, Bloomreach, Gunderson Dettmer, and IMVU, among others.
FinSMEs
03/04/2013