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EatStreet

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An online & mobile food ordering service that streamlines commerce between 15,000 restaurants and hungry diners nationwide

Madison, United StatesFounded 2010eCommerce & Marketplaces
Valuation $10–25M Last recorded · 2018
Revenue $10–50M Latest reported FY
Headcount 100–500 Current team size
Total funding $50–100M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for EatStreet and the history behind them.

About EatStreet

In 2010, three University of Wisconsin–Madison students, Matt Howard, Eric Martell, and Alex Wyler, launched a venture that would soon become a staple in the online food ordering industry. Originally named BadgerBites, the company started its journey in Madison, Wisconsin, focusing on connecting local restaurants with hungry college students.

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By August 2011, the founders saw potential beyond their college town and began expanding into other markets, particularly targeting tier 2 and 3 cities with a strong college presence. This strategic move allowed EatStreet to carve out a niche in less saturated markets, providing a vital service to both restaurants and customers.

EatStreet's growth was fueled by significant funding rounds, amassing a total of $48.8 million from investors such as Gener8tor, Lumia Capital, and Prime Ventures. This financial backing enabled the company to enhance its technology and expand its reach to over 15,000 restaurants across 150 markets.

In a notable strategic move, EatStreet acquired Cedar Valley Food Runner on May 19, 2019, further solidifying its presence in the food delivery sector. This acquisition was part of EatStreet's broader strategy to integrate local delivery services and streamline operations.

Today, EatStreet stands as one of the largest independent food ordering and delivery services in the United States, demonstrating the power of strategic market targeting and continuous adaptation in a competitive industry. The journey from a college project to a major player in the food delivery market highlights the founders' vision and the company's commitment to connecting communities through food.

Source: Dealroom company data

At a glance

Founded
2010
Headquarters
Madison, United States
Sector
eCommerce & Marketplaces
Power Law
Colt$25–100M revenue

Investors

10 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed1 investor entered at this stage

  • gener8tor

Series A7 investors entered at this stage

Series B and later2 investors entered at this stage

  • Lumia Capital
  • MATH Venture Partners
Team profiled 23 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 2 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
4 countries with
team presence
🇺🇸 United States94.9%
🇱🇻 Latvia1.7%
🇵🇭 Philippines1.7%
🇳🇬 Nigeria1.7%
4 countries shown
Web traffic by country
89K monthly visits
across markets
🇺🇸 United States93.9%
🇬🇧 United Kingdom2.5%
🇮🇳 India1.2%
🇨🇦 Canada1.1%
🇵🇰 Pakistan0.7%
Top 5 markets shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about EatStreet on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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