Dive Brief: Dive Insight: Purchasing the program gives DoorDash a significant source of data and new touchpoints with young consumers. Grubhub’s campus dining program, once known as Tapingo, is live at upwards of 450 campuses. The system lets students order meals from campus foodservice and restaurant locations for pickup through its apps and pay for …
Continue reading “DoorDash to buy Grubhub Campus Dining for $300M from Wonder”
September 15, 2026 Broad partnership includes DoorDash’s $300 million purchase of Grubhub Campus Dining and $125 million investment in Wonder’s Series D SAN FRANCISCO & NEW YORK–(BUSINESS WIRE)– DoorDash, a global leader in local commerce, and Wonder, a leading food technology platform, today announced a strategic partnership. Under the agreement, DoorDash will acquire Wonder’s Grubhub Campus Dining …
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Owner has raised $240 million in a Series D financing that values the restaurant technology company at $2.3 billion, giving it substantially more capital to pursue an ambitious goal: becoming the technology and marketing platform that effectively runs the digital side of an independent restaurant. Growth Equity at Goldman Sachs Alternatives led the financing, with existing …
Owner has raised $240M, reached a $2.3B valuation, and crossed $100M ARR. Goldman Sachs Alternatives led the round, joined by Meritech, Redpoint, Headline, & Jack Altman. The world is racing to build AI to replace people’s jobs. Owner is building AI to do the opposite:To do the jobs for small business owners they’ve never been able …
Continue reading “Owner has raised $240M, reached a $2.3B valuation, and crossed $100M ARR.”
DoorDash, Inc. (NASDAQ: DASH) (“DoorDash”), a leading local commerce platform globally, today announced that it intends to offer and sell, subject to market conditions and other factors, $2.0 billion aggregate principal amount of convertible senior notes due 2030 (the “notes”) in a private offering to persons reasonably believed to be qualified institutional buyers pursuant to …
Wonder doesn’t look like it’s slowing down anytime soon. The food hall startup just raised another $600 million, according to a LinkedIn post from CEO Marc Lore. The latest funding boosts Wonder’s valuation to over $7 billion. It follows a $700 million equity raise in March of last year and the company’s recent $650 million acquisition of Grubhub. …
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Shift4 has made a capital investment in Lunchbox, selecting the technology solution provider as the enterprise partner for its SkyTab POS solution. The news comes alongside Lunchbox’s appointment of James Walker as its new CEO. NEW YORK, March 10, 2025 /PRNewswire/ — Lunchbox, the leader in enterprise restaurant catering and off-premise technology, has announced the appointment of James Walker as CEO as …
Cartwheel, the leading enterprise delivery management platform, is pleased to announce the addition of new investment partners, board members, and industry advisors. This expansion solidifies Cartwheel’s position as the leading enterprise delivery management platform, and highlights the company’s momentum in revolutionizing restaurant delivery operations. Multiple long-term investment partners, including Chingona Ventures, Act One Ventures, and …
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A startup called Owner wants to help mom-and-pop restaurants thrive online. Digital ordering and online marketing have become more essential to a restaurant’s survival than ever. While that shift online can be a relatively easy one for chain establishments, Owner cofounder and CEO Adam Guild says independent restaurants can easily end up spending a lot of time …
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In an online world where consistent responses to customer feedback have a vital impact on a brand’s narrative, Marqii, a digital operations platform for the hospitality industry, continues to grow its guest engagement footprint among competitors, landing $4.5 million in Series A investment, bringing its total amount raised to $10 million. The capital financing round …
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