Eat Club receives $30m Series C investment
US-based corporate lunch programme provider Eat Club has received a $30m Series C round investment from various investors, including Sodexo, August Capital, and Trinity Ventures.
The investment will be used by the company to expand its footprint in New York, as well as further strengthen its presence in other cities such as San Francisco Bay Area and Los Angeles.
Eat Club CEO Mike Griffith said: "This new investment and partnership with Sodexo will accelerate our ability to offer Eat Club to more offices in cities across the country. We look forward to delighting many more customers in the months ahead with outstanding food and service.
"Our virtual cafeteria model is unique because it allows employees at multiple offices to choose individual meals from a wide variety of options while enabling Eat Club to produce and deliver those meals at economic scale."
Eat Club has been providing offices with individually selected employee meals.
Sodexo North America corporate services CEO Mark Bickford said: "Workplaces are changing every day. More businesses, particularly in high-density urban markets where real estate costs are high, are looking to us to help provide cost-effective dining solutions that improve their employees' quality of life.
“With Eat Club, we are investing in learning and understanding more about offerings that are complementary to what we do, and can ultimately benefit our clients and end users."
Image: Eat Club mobile app and entree. Photo: courtesy of Sodexo.