ezCater Raises $4M to Expand Its Business Catering Platform
As the food tech sector continues to boom, ezCater—one of the industry’s pioneering online catering marketplaces—has secured $4 million in new funding. The investment will fuel the company’s expansion, enabling it to onboard more caterers and serve a broader customer base across the United States.
A Veteran in the Food Tech Space
Founded in 2007, ezCater stands out as one of the earliest players in online food ordering. Unlike many startups that rely heavily on venture capital from day one, ezCater bootstrapped its operations for years before embracing external funding. The latest capital injection reflects the growing investor appetite for innovative food delivery and catering solutions.
How ezCater Differentiates Itself
While compe*****s like Sprig, Spoonrocket, and Postmates focus on meal delivery or on-demand services, ezCater carves its niche as a B2B catering marketplace. Key differentiators include:
- Specialization in advance orders: Primarily serves business clients planning meetings, sales calls, or office lunches 1-2 days ahead
- National network: Partners with 30,000 caterers nationwide, with plans to add 20,000 more this year
- Large-scale capability: Handles orders ranging from 5 to 2,000 people, with an average order value of $225
Market Traction and Growth
ezCater has demonstrated impressive momentum:
- Served over 1.8 million people to date
- Tripled revenue growth annually for the past three years
- Maintains a significantly higher average order value than most food delivery compe*****s
Investor Confidence
The funding round attracted notable backers including:
- Jill Preotle (ZipCar investor)
- Chris Cuddy (CheapFlights co-founder)
- LaunchPad
- Breton Capital Management
With this latest investment, ezCater’s total funding reaches $6.5 million. The capital will support the company’s mission to become the go-to catering solution for businesses across America—wherever their meetings may take them.
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