Founded in 2010, EatStreet is an online food ordering service that provides delivery and on-demand jobs to restaurants in over 250 cities nationwide. The company serves over 1.7 million customers in the United States and has over 1,000 employees.
EatStreet was founded by three students from the University of Wisconsin-Madison. The company grew from a small food delivery service in Madison to a national platform. It has since attracted partners like Uber and Facebook. It is also the fastest growing independent online food ordering company in the United States. It has more than 15,000 restaurants that are working with the company. EatStreet offers competitive pricing and pay-for-performance marketing.
EatStreet is available on iOS and Android platforms. Users must have an internet-enabled smartphone and a driving license to use the service. Users also need to provide a copy of their car insurance and have clean driving records. The service charges a 12% fee for each order and pays out an 88% share to the restaurants each week. It also provides digital marketing services and offers a scheduling system for restaurants. The company also provides comprehensive dental insurance and vision insurance.
The company’s headquarters are in Madison, Wisconsin. It employs over 800 delivery drivers and 200 corporate employees. It was named Wisconsin’s most valuable venture-backed company by PitchBook. It is also ranked second among food delivery companies by StrategyEye.
EatStreet is backed by venture capital firms such as Lumia Capital and 4490 Ventures. Other investors include MATH Venture Partners, GCI Capital, and the State of Wisconsin Investment Board.
The company’s net worth has increased in recent years thanks to its acquisition of Philadelphia-based food delivery company Zoomer. The company recently launched delivery services in ten cities in February. The company has worked with more than 15,000 restaurants across the United States. The company’s CEO, Alex Wyler, has been named to Forbes’s 30 Under 30 list for consumer technology. EatStreet has also been named a finalist for the EY Entrepreneur Of The Year Award in the Midwest.
In early 2014, EatStreet partnered with the National Restaurant Association. It also offers pay-for-performance marketing and a scheduling system to restaurants. The company provides a dedicated customer service staff. EatStreet also works with Facebook and Yelp. It also provides a custom website for restaurants.
EatStreet has a total of 17 employee reviews. Most employees are satisfied with their total compensation at the company. However, some employees have concerns about the company’s compensation practices. In addition, the company did not disclose its valuation.
EatStreet has raised more than $40 million in venture capital funding. The company also has a substantial amount of debt. In February 2014, EatStreet received an $8.4 million Series B investment round. In December 2015, EatStreet received a $26 million Series C investment round.
EatStreet offers an internet-based mobile application that helps users order food from local restaurants. The company’s flagship website is available on the App Store. The company also has a custom website for restaurants that allows them to accept orders online. EatStreet uses SSL security encryption methods to protect user information. It also provides a scheduling system and pays drivers per hour. Its drivers are required to be at least 18 years old. EatStreet also provides vision insurance and pays for tax returns for employees working on a W-2 basis.