About DirectEats
DirectEats is a company based in Nazareth (United States) founded in 2014 by David Hack.. DirectEats has raised $1.6 million across 1 funding round. DirectEats has completed 2 acquisitions, including Abes Market and Wholeshare. DirectEats operates in a competitive market with competitors including Cheetah, Crafty, The Chefs Warehouse, Attain and Fresh Nation, among others.
- Headquarter Nazareth, United States
- Founders David Hack
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Sectors
Retail
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Email
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$1.6 M (USD)
in 1 rounds
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Latest Funding Round
$1.6 M (USD), Series A
Feb 05, 2015
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Investors
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Employee Count
Employee Count
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Investments & Acquisitions
Abes Market
& 1 more
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Funding Insights of DirectEats
DirectEats has successfully raised a total of $1.6M through 1 strategic funding round. The most recent funding activity was a Series A round of $1.6 million completed in February 2015. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Series A — $1.6M
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First Round
First Round
(05 Feb 2015)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2015 | Amount | Series A - DirectEats | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by DirectEats
DirectEats has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Abes Market and Wholeshare. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
An online marketplace for natural and organic products is provided.
|
2009 | ||||
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Marketplace for group grocery ordering
|
2009 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
|
2017 | ||||
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Bionic investment advisor platform
|
2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - DirectEats
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Directeats Comparisons
Competitors of DirectEats
DirectEats operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Cheetah, Crafty, The Chefs Warehouse, Attain and Fresh Nation, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Groceries for restaurants are sourced via an online platform.
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| domain | founded_year | HQ Location |
Crafty is engaged in providing office food and beverage solutions.
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| domain | founded_year | HQ Location |
Multi-category grocery products are offered via an online B2B platform.
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| domain | founded_year | HQ Location |
Inventory management software is provided for e-commerce operations.
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| domain | founded_year | HQ Location |
Farm produce is connected via an online B2B marketplace.
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| domain | founded_year | HQ Location |
Restaurants are linked to vendors via a SaaS purchasing platform.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about DirectEats
When was DirectEats founded?
DirectEats was founded in 2014 and raised its 1st funding round 1 year after it was founded.
Where is DirectEats located?
DirectEats is headquartered in Nazareth, United States. It is registered at Nazareth, Pennsylvania, United States.
Who is the current CEO of DirectEats?
David Hack is the current CEO of DirectEats. They have also founded this company.
Is DirectEats a funded company?
DirectEats is a funded company, having raised a total of $1.6M across 1 funding round to date. The company's 1st funding round was a Series A of $1.6M, raised on Feb 05, 2015.
What does DirectEats do?
DirectEats was founded in 2014 in Nazareth, United States, as an online B2B e-distributor focused on allergy-friendly food products. Bulk purchases are facilitated for small stores and restaurants through the platform, with options for reasonable pricing and free shipping. Operations center on the food distribution sector, enabling efficient sourcing and procurement via directeats.com. Leadership is provided by Founder and CEO David Hack.
Who are the top competitors of DirectEats?
DirectEats's top competitors include Crafty, Cheetah and The Chefs Warehouse.
How many acquisitions has DirectEats made?
DirectEats has made 2 acquisitions, including Abes Market, and Wholeshare.