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Grubhub Clone

It was founded in 2004 headquartered in Chicago, IL, US. It was merged with seamless in 2013. Almenus was acquired by grubhub in September 2011.Grubhub even acquired DiningIn in February 2015 which operates in Boston,Chicago, Dallas, Philadelphia, and the Twin Cities. The valuation of grubhub raises up to $2 billion

Success Factor

The main success factor for the Grubhub is the founders of the GrubhubMaloney and Evanswon the first price in the University of Chicago Edward L. Kaplan New Venture Challenge with the business plan of Grubhub. In November 2007 they secured funding of $1.1 million in series Afunding fromAmicus Capital and Origin Ventures which led to their market expansion in San Francisco and New York. And gradually in March 2009, November 2010 and March 2011 they secured $2 million in series B funding from Origin Ventures and Leo Capital, $11 million in series C funding from Benchmark Capital and $20 million in series D funding from DAG Ventures. They achieved great success by their fund raising.

Result

Grubhub acquired many companies and even partnered many companies and raised their fund too high which is very beneficial and achieved great success.