About Spread
Spread is a company based in Manhattan (United States) founded in 2015 by Andrew Wang was acquired by Lunchbox in August 2021.. Spread operates in a competitive market with competitors including DoorDash, Grubhub, Postmates, Wonder and EatStreet, among others.
- Headquarter Manhattan, United States
- Founders Andrew Wang
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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 Spread
| 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 Spread
Spread has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Lunchbox. 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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Online ordering solutions are provided for restaurants.
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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 Spread
| 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 - Spread
| 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 |
Spread Comparisons
Competitors of Spread
Spread 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 DoorDash, Grubhub, Postmates, Wonder and EatStreet, 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 |
Food and grocery deliveries are facilitated through an app-based platform.
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| domain | founded_year | HQ Location |
Online platform offering food ordering and delivery services
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| domain | founded_year | HQ Location |
Online platform providing on-demand hyperlocal delivery services
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| domain | founded_year | HQ Location |
Food ordering and delivery are facilitated via an online platform.
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| domain | founded_year | HQ Location |
Online food ordering is enabled between diners and local restaurants.
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| domain | founded_year | HQ Location |
Online platform for ordering food delivery and takeaway from local eateries.
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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 Spread
When was Spread founded?
Spread was founded in 2015.
Where is Spread located?
Spread is headquartered in Manhattan, United States. It is registered at Manhattan, New York, United States.
What does Spread do?
Spread was established in 2015 in Manhattan, United States, within the online food delivery sector. The platform facilitates commission-free ordering for participating restaurants. Users are enabled to locate nearby establishments serving diverse cuisines such as American, Asian, Southern, Indian, Italian, and Japanese. Operations focus on streamlined discovery and delivery processes across local areas.
Who are the top competitors of Spread?
Who are Spread's investors?
Spread has 1 investor. Key investors include Lunchbox.
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