Venture Capital Access Online | The eMarketplace for the Venture Capital Industry

 

Bookmark and Share   

Home

Marketplace
Database
Deals
News
Store
Resources
Contact Us

 

 

 

News

VCPro Database 2014 (17th Edition) Now Available! Newly released


Venture Capital Deals Spreadsheet Now Available Newly released


 

ezCater Raises $4M in Growth Capital

BOSTON, April 15, 2014-- ezCater, Inc, the only national player in online catering ordering for business meetings, is completing a raise of growth capital, for $3M. This follows the $1M in growth capital raised in 2013. Investors include Breton Capital Management (a private equity firm), Launchpad Venture Group (one of the country’s 5 most active angel groups), and super angels such as ZipCar investor Jill Preotle.

The company will use much of the new capital to add 20,000 caterers to its site. “We already offer customers the widest selection of caterers to order from. Within 12 months, you’ll be able to order catering online at ezCater.com from well over 50,000 caterers nationwide,” said Stefania Mallett, CEO.

ezCater is enjoying fast growth on all fronts. ezCater has fed over 1.8 million people to date, and is on track to triple its revenue for the third year in a row. Mallett points out, “GrubHub’s IPO in the US, and Just Eat’s IPO a day later in the UK validate the food-tech space. Within that, we’re focused on the high-value $15B business catering niche.”

“Customers especially value our unique on-time ratings”, says Briscoe Rodgers, CTO. “No one wants to be embarrassed in a meeting when the food is late.” After every delivery, ezCater’s systems automatically record any delivery issues. “The metric is specific to the catering performance of our restaurant and caterer partners,” Rodgers continued. “We also show customers’ “liked it” ratings, again specific to the catering menus.”

About ezCater

ezCater is the only national marketplace for ordering business catering online. At ezCater.com, business professionals can find local establishments who will deliver catering to virtually every city and town in the United States. ezCater is based in Boston, MA.

Contact:
ezCater
Stefania Mallett, 781-296-8065
smallett@ezcater.com


News Index

Venture Capital Database

Venture Capital Deals Spreadsheet

 

 NEWS

Latest VC News
VC News Archive
News Search
Venture Capital Deals New
RSS News Feed

List Your Firm

Entrepreneurs
Investors
Advisors

Venture Capital Database

VCPro Database
Download Trial
Buy Now

Venture Capital Deals

vcaDeals
Download Sample
Buy Now

VC Tools

Venture Capital StarterPak
VC Pitch
Private Placement Memorandum
Confidentiality Agreement Package
Series A Preferred Term Sheet
Bridge Financing Contract
Employment Agreements
Understanding Employee Stock Options

Business Plan Tools

Free Business Plan Template
Sample Business Plans
Business Plan Pro

 

 

Copyright © 1998-2014 Access InterComm  All rights reserved. 
Site Map | Privacy Statement | Legal Notice & Disclaimer