While the workplace experience may have changed in recent years, ensuring that employees feel valued and engaged has never been more important. As companies work to support their employees from near or afar, benefits such as daily lunches, catered social events, and in-person team meetings can go a long way. Since launching DoorDash for Work in 2020, …
Tag Archives: ezCater
ezCater Solves Tax Exemption on Workplace Food for Top Nonprofits Nationwide
ezCater, the most trusted provider of corporate food solutions, today announced a new tax-exempt ordering platform for nonprofit organizations. With ezCater, organizations set their tax-exempt status once and it automatically applies to catering orders from over 95,000 restaurants on the ezCater platform, saving them time and money. Ensuring catering orders are tax-exempt is complicated and …
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SUBWAY, EAGER TO GROW SALES, TURNS TO CATERING
As customers return to offices, they’ll want something to eat. And Subway is hoping to take full advantage as part of its bid to improve unit volumes. The Milford, Conn.-based sandwich giant on Tuesday introduced a refreshed catering program, including new packaging, delivery and ordering options. “Over the last year, we’ve continued to see an …
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DeliverThat Eclipses $100 Million in Food Delivered
Canton, OH (RestaurantNews.com) DeliverThat, a national last-mile delivery service recognized as the industry leader in restaurant catering delivery and setup, announced today that they have surpassed $100 million dollars in food delivered. “I always knew we were going to make an impact on peoples’ lives, but never to this magnitude,” said Darien Terrell, President & CEO. …
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New ezCater CFO says IPO is ‘in the cards’
When ezCater raised $100 million last year, CEO Stefania Mallett said that a public listing of her corporate food delivery unicorn was back on the agenda for 2023. Three months later, the Boston company hired the executive who carries on his shoulders the key responsibilities of the IPO process: a new CFO. Nihad Rahman, 39, started as …
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ezCater Names Finance Industry Veteran as Chief Financial Officer
BOSTON, March 15, 2022 /PRNewswire-PRWeb/ — ezCater, the most trusted provider of corporate food solutions, today announced Nihad Rahman, former Managing Director at JP Morgan Chase, as its new Chief Financial Officer. Rahman joins ezCater only three months after the company announced its $100 million Series D-2 funding at a $1.6 billion valuation. Rahman will drive the company’s financial strategy, corporate development, M&A, …
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EzCater Preps for an IPO in a Rebound From the Pandemic
Stefania Mallett, CEO and co-founder of ezCater, remembers waking up in March 2020 to find that the Covid-19 pandemic had wiped out 85% of her business. Now the online catering provider has turned its business around and is again preparing for an initial public offering. EzCater started 2020 expecting it to be their best year …
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ezCater’s $100 Million Series D-2 Funding Round
Foley Hoag advised ezCater on the deal. ezCater, the most trusted provider of corporate food solutions, announced a $100 million late-stage series D-2 funding round led by SoftBank Vision Fund 2 with participation from Quadrille Capital, GIC, ICONIQ Growth, Insight Partners, Invus and others. This funding round brings the total funds raised by ezCater to $425 …
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SoftBank to Back EzCater at $1.6 Billion Value in Funding Round
Corporate food startup EzCater Inc. is worth $1.6 billion after raising $100 million in a funding round led by SoftBank Vision Fund 2, according to a statement reviewed by Bloomberg News. That valuation increase from $1.2 billion in 2019 when it last raised money follows a change in the Boston-based company’s customer base after the coronavirus pandemic altered …
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ezCater Raises $100M in New Capital
ezCater, the most trusted provider of corporate food solutions, today announced $100 million in new capital to meet the evolving needs of the $300+ billion food for work market. The Series D-2 round was led by SoftBank Vision Fund 2. It brings ezCater’s total funding to $425 million and raises the company’s post-money valuation to …