ezCater is an enterprise-focused online catering marketplace that connects businesses with local restaurants and caterers for corporate meals, meetings, and events. The platform supports large-scale food ordering with centralized billing, concierge services, and customizable meal programs.
Serving organizations of all sizes, ezCater offers employee meal planning, group ordering, event catering, and on-demand food delivery. Its network spans over 100,000 restaurants, giving users broad access to cuisines and dietary options.
What Is ezCater and What Does It Do?
ezCater, founded in 2007 by Stefania Mallett and Briscoe Rodgers, is headquartered in Boston, United States. The company operates an online catering marketplace that enables organizations to discover, order, and manage food for meetings, events, and employee meal programs. It provides concierge ordering, corporate food solutions, and a nationwide network of restaurant partners.
ezCater employs between 501-1,000 people, supporting enterprises with scalable, reliable food-for-work solutions and end-to-end catering management tools.
How Much Funding Has ezCater Raised?
1. Series A
- Amount Raised: $2.2M
- Date: October 2012
- Motivation: To develop the initial platform and strengthen early market presence.
2. Venture Round
- Amount Raised: $1M
- Date: June 2013
- Motivation: To support early-stage growth and expand customer acquisition.
3. Series B
- Amount Raised: $4M
- Date: April 2014
- Motivation: To enhance product features and scale operations.
4. Series C
- Amount Raised: $13M
- Date: March 2015
- Lead Investors: Insight Partners
- Motivation: To expand market reach and improve platform capabilities.
5. Series C
- Amount Raised: $15M
- Date: October 2015
- Lead Investors: Insight Partners
- Motivation: To strengthen technology infrastructure and increase platform adoption.
6. Series D
- Amount Raised: $35M
- Date: January 2017
- Lead Investors: ICONIQ Growth
- Motivation: To accelerate growth and expand restaurant partnerships.
7. Series D
- Amount Raised: $100M
- Date: June 2018
- Lead Investors: Wellington Management
- Motivation: To enter new markets and enhance operational scale.
8. Series D
- Amount Raised: $150M
- Date: April 2019
- Lead Investors: GIC, Lightspeed Venture Partners
- Motivation: To expand enterprise food solutions and scale corporate sales.
9. Series D
- Amount Raised: $103M
- Date: December 2021
- Lead Investors: SoftBank Vision Fund, Quadrille Capital, GIC
- Motivation: To grow enterprise meal programs and strengthen market presence.
Total Funding Raised: $439 Million
Current Valuation: $1.6 Billion (as of December 2021)
Latest Funding Date: December 2021
Key Investors
1. Insight Partners
- Details: A global venture firm backing high-growth software and internet businesses.
- Investment Focus Areas: SaaS, data services, enterprise software.
- Notable Investments: Twitter, Shopify, Wix.
2. SoftBank Vision Fund
- Details: One of the world’s largest tech investment funds, focused on transformative technologies.
- Investment Focus Areas: AI, robotics, mobility, telecommunications.
- Notable Investments: Uber, ByteDance, WeWork.
3. GIC
- Details: Singapore’s sovereign wealth fund managing global diversified assets.
- Investment Focus Areas: Private equity, real estate, infrastructure, tech.
- Notable Investments: Airbnb, Ant Financial, Alibaba.
4. ICONIQ Growth
- Details: Tech-focused investment platform partnering with category-defining companies.
- Investment Focus Areas: Technology, cloud software, enterprise tools.
- Notable Investments: Snowflake, Uber, Zoom.
5. Lightspeed Venture Partners
- Details: A multi-stage venture fund supporting disruptive innovations across sectors.
- Investment Focus Areas: Enterprise, consumer tech, healthcare.
- Notable Investments: Snapchat, Nest, Grubhub.
Where Is ezCater’s Headquarters?
ezCater is headquartered in Boston, Massachusetts, providing strategic access to enterprise clients, a strong tech talent ecosystem, and a robust network of restaurant partners across the U.S.
What’s Next for ezCater?
ezCater is positioned to capitalize on the rapidly growing food-for-work market, driven by hybrid workplaces and increased demand for corporate meal programs. With a network of more than 80,000–100,000 restaurants, the company plans to deepen enterprise partnerships, strengthen logistics, and expand its nationwide catering infrastructure. Backed by major investors and growing adoption among Fortune 1000 companies, ezCater is set to scale platform capabilities, enhance on-site food solutions, and lead the corporate catering industry.
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