GrubHub

GrubHub 2006 NVC first place winner

GrubHub is an online food ordering and delivery service dedicated to connecting hungry diners with local takeout restaurants. The company's online and mobile ordering platforms allow diners to order directly from approximately 35,000 takeout restaurants in more than 900 U.S. cities and London.  

NVC Team Members: Matt Maloney, MS ’00, MBA ’10, and Mike Evans

Track: Traditional NVC

Year: 2006

Place: 1st Place (tie)

Prize: $17,500, plus an additional $7,500 from the Illinois Department of Commerce and Economic Opportunity (DCEO)


Company Founded: 2004

Leadership:

  • Matt Maloney, MS ’00, MBA ’10, CEO and cofounder
  • Adam DeWitt, CFO
  • Barbara Martin Coppola, CMO

Headquartered: Chicago, Illinois (USA)

Industry: Internet/Technology

Website: www.grubhub.com

Social Media: @grubhub

Funding Raised: Yes (see Crunchbase)

Milestones:

  • Won first place at the Edward L. Kaplan, ’71, New Venture Challenge (NVC) finals in 2006
  • Secured Series A funding led by Amicus Capital and Origin Ventures in November 2007
  • Raised Series B funding led by Origin Ventures and Leo Capital in March 2009
  • Secured Series C funding led by Benchmark Capital in November 2010
  • Raised Series D funding led by DAG Ventures in March 2011
  • Secured Series E funding and acquires online competitor Dotmenu, the parent company of AllMenus and campusfood, in September 2011
  • Launched OrderHub, an in-restaurant tablet technology that streamlines the ordering process in May 2012
  • Introduced Track Your Grub, a set of features that provides diners with real-time notifications and order mapping in November 2012
  • GrubHub and Seamless announce merger in May 2013; merger closed in August 2013
  • Completed its IPO in April 2014 (NYSE: GRUB)
  • The company’s online and mobile ordering platforms allow diners to order directly from approximately 35,000 takeout restaurants in more than 900 U.S. cities and London. Every order is supported by the company’s 24/7 customer service teams. GrubHub has offices in Chicago, New York and London.