EatStreet Co-Founders Named Finalists for EY Entrepreneur Of The Year® 2015 Award in the Midwest

Publication: Transforming Network Infrastructure Industry News
Date: April 29, 2015

 

MADISON, Wis., April 29, 2015 /PRNewswire/ — Earlier this week EY announced EatStreet Co-founders Matt Howard, Eric Martell, and Alex Wyler are all finalists for the EY Entrepreneur Of The Year® 2015 Award in the Midwest.  The prestigious award, celebrating the country’s most innovative business leaders, awards entrepreneurs who have demonstrated excellence and extraordinary success not only in financial performance but who have shown a clear commitment to their businesses and communities.

The selection coms with the celebration of EatStreet’s five-year anniversary, while the Madison based company has emerged as the nation’s largest and fastest growing independent online food ordering company.

“This is a humbling moment for us and we’re honored to be considered. It seems like just yesterday we were all hanging out, eating pizza and entering menus onto the site,” says Howard, CEO. “It’s validating given some of the previous finalists included GrubHub’s CEO Matt Maloney and Groupon’s co-founderAndrew Mason. That said, we’re still working harder than ever to execute against our plan.”

EatStreet’s strategy to build and grow Tier 2 and Tier 3 cities nationwide has fueled explosive growth.  “We have a very efficient plan that allows us to sign up restaurants and acquire new diners in both current and new cities alike.  So far we’ve exceeded all 2015 expectations.”  The company has grown substantially year over year in Sales (+228%) and Active Diners (+202%). As Tech-savvy professionals and millennials continue to demand improved mobile experiences, EatStreet’s mobile platform is core to the company’s growth and accounts for almost 50% of orders currently (+216% vs LY).

While the award winners will be announced on June 17th, EatStreet will continue to streamline the online food ordering experience, connecting hungry diners with local restaurants. The company looks to reach a total restaurant list of 25,000 by the end of the year. “The momentum we have is incredible,” says Howard, “and we won’t stop until EatStreet is a household name.”

EatStreet is online and mobile food ordering service that connects over 15,000 restaurants with diners in more than 150 cities nationwide. In addition to an online ordering platform, EatStreet also offers restaurants custom websites, mobile websites, and Facebook ordering. Through its “Serve Up A Smile” program, EatStreet proudly supports Meals on Wheels of America. Founded in 2010, EatStreet is a privately held company based in Madison, WI.

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Online and mobile food ordering service expands into Knoxville

Publication: Knoxville Daily Sun
Date: April 26, 2014

 

MADISON, WI – EatStreet, an online and mobile food ordering service with over 5,000 restaurants nationwide, has begun partnering with local restaurants in the Knoxville area. The service — a favorite of college students, families, and working professionals alike — makes online ordering simple and affordable for restaurants and their customers.

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National Restaurant Association and EatStreet Release Online Ordering Guide

Publication: Travel And Tour World
Date: April 18, 2014

 

The National Restaurant Association and EatStreet have released a free educational guide focusing on online ordering and emerging restaurant technology trends. EatStreet, an online and mobile food ordering service based in Wisconsin, is helping over 5,000 restaurants build out or improve their online ordering platforms.

“Consumers are increasingly relying on technology when choosing a restaurant,” said Phil Kafarakis, Chief Innovation and Advancement Officer for the National Restaurant Association.  “Restaurants should capitalize on this momentum and provide innovative online menus that enhance the customer experience for diners ordering online. We are excited to work with a company like EatStreet that is providing restaurants and their customers the full mobile to table experience.”

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Madison start-up EatStreet raises $6 million from investors

Author: Kathleen Gallagher
Publication: Milwaukee Journal Sentinel
Date: April 7, 2014

 

EatStreet Inc., a Madison company that supplies restaurants with software for handling online orders, has raised $6 million from outside investors in its latest funding round.

That brings the total amount the company has raised from outside investors to $8.65 million, said Matt Howard, EatStreet co-founder and chief executive.

EatStreet will use the money to enhance features on its iPhone and Android apps, improve its online food court, build mobile-optimized websites for customers and pioneer new digital marketing initiatives. An online food court allows people to type an address and find restaurants near them.

“I want to prove to the country that you can grow a very successful start-up here in Wisconsin,” Howard said.

New investors in the funding round are CSA Partners, the fund started by Milwaukee County Executive Chris Abele, and Silicon Valley Bank.

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Following GrubHub IPO, Online Food Ordering Platform EatStreet Raises $6 Million

Author: Sarah Perez
Publication: TechCrunch
Date: April 7, 2014

 

EatStreet, an online and mobile food ordering service which initially gained traction by targeting secondary markets across the U.S., has now raised an additional $6 million in Series B funding. The round included participation from Series A investors Cornerstone Opportunity Partners, Independence Equity, Great Oaks Venture Capital as well as from CSA Partners, Silicon Valley Bank, and other angels.

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