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Seamless

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Online food ordering service available in London, along with cities across the USA

New York City, United StatesFounded 1999eCommerce & Marketplaces
Valuation $250–500M Last recorded · 2011
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 Seamless and the history behind them.

About Seamless

Seamless North America LLC operates as an online and mobile food ordering platform, connecting diners with local restaurants for delivery and takeout. The company was founded in 1999 as SeamlessWeb by lawyers Jason Finger, Paul Appelbaum, Todd Arky, and Andy Appelbaum. The initial concept, born from Finger's experience ordering late-night meals at his law firm, was to create a web-based system for corporate clients to streamline food ordering from various restaurants and caterers.

Initially focused on the business-to-business market, Seamless provided a system that simplified ordering and expense management for companies. This B2B focus was a key differentiator in its early years. In 2005, the service expanded its model to include individual consumers. The company's journey includes several significant ownership changes. It was acquired by the professional services company Aramark in April 2006. In 2011, a $50 million investment from Spectrum Equity led to Seamless being spun out from Aramark as an independent entity, at which point it was renamed from SeamlessWeb to Seamless. A pivotal moment occurred in August 2013, when Seamless completed a merger with its competitor, Grubhub, to form GrubHub, Inc. This merger created a combined entity with a significantly larger network, connecting over 20,000 restaurants with customers in more than 500 U.S. cities and London.

The platform's business model is primarily commission-based, charging partner restaurants a percentage of the value for each order processed through its system. Additional revenue streams include delivery fees charged to customers, and premium placement or advertising options for restaurants seeking increased visibility on the platform. For corporate clients, the service helps control costs and reduce administrative tasks associated with food expenses. The service is accessible via its website and mobile applications, which allow users to browse menus, place orders, and make payments digitally, eliminating the need for paper menus and phone calls. Seamless is now part of the portfolio of brands under Grubhub, which itself has undergone further corporate acquisitions.

Source: Dealroom company data

At a glance

Status
Operational
Founded
1999
Headquarters
New York City, United States
Employees
150
Open positions
None listed
Dealroom signal
91.5/100
Industry
Food, Enterprise Software
Sub-industry
Food Logistics & Delivery
Sector
eCommerce & Marketplaces, Catering, Restaurant Tech, Food Delivery, B2b Online Marketplace
Business model
Marketplace & ecommerce, SaaS
Client focus
b2b, b2c
Investment activity
1 company, latest May 2013
Capital deployed
—
Preferred round
MERGER

Funding history

4 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
MERGEROther financing May 2013 $0 — Grubhub —
EARLY VCOther financing Dec 2011 $0 — Stripes —
Showing the latest 2 of 4 recorded eventsBook a demo for the full funding history →

Growth signals

Seamless website traffic

Latest recorded traffic for Seamless is 3.4M monthly website visits, up 0% over the last three months. Seamless's team grew 54.6% over the past year.

Latest monthly visits3.4M 3-month web change0% 1-year team growth+54.6%
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Similar companies

Closest operating peers by Dealroom taxonomy

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Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

6 investors on the cap table

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

Series A5 investors entered at this stage

Other known investors1 additional known investor

  • Grubhub
Team profiled 27 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
7 countries with
team presence
🇺🇸 United States61.1%
🇮🇩 Indonesia11.1%
🇬🇧 United Kingdom5.6%
🇮🇳 India5.6%
🇳🇬 Nigeria5.6%
Top 5 of 7 shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Seamless 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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