About ezCater
ezCater is a company based in Boston (United States) founded in 2007 by Briscoe Rodgers.. ezCater has raised $438.62 million across 11 funding rounds from investors including Lightspeed Venture Partners, SoftBank Vision Fund and Spinnaker Trust. The company has 856 employees as of December 31, 2023. ezCater offers products and services including Catering Platform and Employee Meal Program. ezCater operates in a competitive market with competitors including Fooda, ZeroCater, EAT Club, Zesty and Crafty, among others.
- Headquarter Boston, United States
- Employees 856 as on 31 Dec, 2023
- Founders Briscoe Rodgers
- Stage Unicorn
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Sectors
ConsumerBusiness Services 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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- Legal Name Ezcater, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$438.62 M (USD)
in 11 rounds
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Latest Funding Round
$103.4 M (USD), Series D
Dec 15, 2021
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Investors
Lightspeed Venture Partners
& 17 more
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Employee Count
856
as on Dec 31, 2023
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Products & Services of ezCater
ezCater offers a comprehensive portfolio of products and services, including Catering Platform and Employee Meal Program. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Platform for ordering business catering from restaurants
Program for customizable employee food ordering and delivery
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Software Development Team
105 people
Product Management Team
20 people
Sales and Marketing
17 people
Senior Team
15 people
Leadership Team
15 people
Human Resources and Administration
13 people
Operations Team
11 people
Finance and Accounting
7 people
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Funding Insights of ezCater
ezCater has successfully raised a total of $438.62M across 11 strategic funding rounds. The most recent funding activity was a Series D round of $103.4 million completed in December 2021. 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 11
- Last Round Series D — $103.4M
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First Round
First Round
(01 Jun 2011)
- Investors Count 18
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2021 | Amount | Series D - ezCater | Valuation | SoftBank Vision Fund | |
| Apr, 2019 | Amount | Series D - ezCater | Valuation | Lightspeed Venture Partners , GIC | |
| Jun, 2018 | Amount | Series D - ezCater | Valuation | Wellington |
| 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 |
Investors in ezCater
ezCater has secured backing from 18 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Lightspeed Venture Partners, SoftBank Vision Fund and Spinnaker Trust. 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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Venture capital investments in technology and startups.
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Founded Year | Domain | Location | |
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Sector-agnostic investment company making venture capital investments globally
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Founded Year | Domain | Location | |
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Sovereign wealth is managed and private equity investments are facilitated.
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Founded Year | Domain | Location |
| 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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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by ezCater
| 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 - ezCater
| 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 |
Ezcater Comparisons
Competitors of ezCater
ezCater 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 Fooda, ZeroCater, EAT Club, Zesty and Crafty, 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 |
Curated office lunch catering is facilitated through an online marketplace.
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| domain | founded_year | HQ Location |
Cafeteria management solutions and corporate catering services are provided.
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| domain | founded_year | HQ Location |
Personalized meals are delivered to offices through an online platform.
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| domain | founded_year | HQ Location |
Dietician-curated healthy meals are delivered in San Francisco.
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| domain | founded_year | HQ Location |
Crafty is engaged in providing office food and beverage solutions.
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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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Latest news on Ezcater
Frequently Asked Questions about ezCater
When was ezCater founded?
ezCater was founded in 2007 and raised its 1st funding round 4 years after it was founded.
Where is ezCater located?
ezCater is headquartered in Boston, United States. It is registered at Boston, Massachusetts, United States.
Who is the current CEO of ezCater?
Ashwin Raj is the current CEO of ezCater.
Is ezCater a funded company?
ezCater is a funded company, having raised a total of $438.62M across 11 funding rounds to date. The company's 1st funding round was a Series D of $100M, raised on Jun 01, 2011.
How many employees does ezCater have?
As of Dec 31, 2023, the latest employee count at ezCater is 856.
What does ezCater do?
ezCater was founded in 2007 and is headquartered in Boston, United States. An online marketplace is maintained to connect enterprises with local caterers. Food options are discovered and ordered through the platform for corporate events and private gatherings. Services include concierge ordering, employee meal planning, and event catering support. Operations focus on the food services sector across the U.S.
Who are the top competitors of ezCater?
What products or services does ezCater offer?
ezCater offers Catering Platform and Employee Meal Program.
Who are ezCater's investors?
ezCater has 18 investors. Key investors include Lightspeed Venture Partners, SoftBank Vision Fund, Spinnaker Trust, Quadrille Capital, and GIC.
What is ezCater's valuation?
The valuation of ezCater is $1.6B as of Dec 2021.
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