GSB Ventures

GrubHub + Matt Maloney (‘??)

August 7, 2007 · Leave a Comment

GrubHub, founded in ‘04 and NVC co-winner in ‘06, is about to take the country by storm. Their website hosts the menus and delivery parameters of virtually every restaurant that delivers in Chicago, and they placed over $1m in orders each month during the first 6 months of 2007. They are building momentum in San Francisco and New York now and are looking to expand their innovative operational and data collection model even further. Matt Maloney (GSB ‘??) and his co-founder Mike Evans came up with the idea when they were “hungry, bored, and lazy” and have been running with it ever since. Go to GrubHub.com, type in your address, and order some grub!

Size: 10 people x 3 years (‘04) x $ unknown
Funding: Owner funded + NVC $ + $1.1 Million from Origin Ventures & Bob Zipp
Customers: Leona’s, Reza, Edwardo’s, Hot Doug, and many more
Location: Chicago, IL + grubhub.com

GrubHub logo

Categories: GSB Venture