About EatsReady
EatsReady is a company based in Milan (Italy) founded in 2017 by Giacomo Alpago and Fabio Manola was acquired by Coverflex in March 2023.. EatsReady has raised $1.4 million across 1 funding round from investors including Coverflex, Riccardo Bruno and B Heroes. EatsReady operates in a competitive market with competitors including Praesto, Trippi and Hambry, among others.
- Headquarter Milan, Italy
- Founders Giacomo Alpago, Fabio Manola
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Sectors
Consumer
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Email
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Phone
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Website
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Social
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Funding Insights of EatsReady
EatsReady has successfully raised a total of $1.4M through 1 strategic funding round. The most recent funding activity was a Seed round of $1.4 million completed in July 2018. 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 Seed — $1.4M
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First Round
First Round
(29 Jul 2018)
- Investors Count 10
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2018 | Amount | Seed - EatsReady | Valuation | B Heroes , COPERNION |
| 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 |
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Investors in EatsReady
EatsReady has secured backing from 11 investors, including angel and venture fund investors. Prominent investors backing the company include Coverflex, Riccardo Bruno and B Heroes. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Startups are supported via VC and AI investments.
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| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by EatsReady
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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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 |
Financial Statements - EatsReady
| 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 |
Eatsready Comparisons
Competitors of EatsReady
EatsReady 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 Praesto, Trippi and Hambry, 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 |
A mobile app enabling users to pre-order food from partnered restaurants.
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| domain | founded_year | HQ Location |
App for food ordering, reservations, and promotions in local eateries.
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| domain | founded_year | HQ Location |
Offers an online platform for restaurant discovery and reservations.
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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 EatsReady
When was EatsReady founded?
EatsReady was founded in 2017 and raised its 1st funding round 1 year after it was founded.
Where is EatsReady located?
EatsReady is headquartered in Milan, Italy. It is registered at Milan, Lombardy, Italy.
Who is the current CEO of EatsReady?
Giacomo Alpago is the current CEO of EatsReady. They have also founded this company.
Is EatsReady a funded company?
EatsReady is a funded company, having raised a total of $1.4M across 1 funding round to date. The company's 1st funding round was a Seed of $1.4M, raised on Jul 29, 2018.
What does EatsReady do?
EatsReady was founded in 2017 as an online marketplace in the food delivery sector. Local restaurants in Milan, Italy, are listed for users to browse menus, select pickup times, and complete payments. The platform supports various cuisines including sushi, burgers, and pizza. Services are accessed via Android and iOS apps, facilitating discovery and ordering processes.