PYMNTS-MonitorEdge-May-2024

ezCater Raises Major Dough for Online Catering Marketplace

The website has served more than 1.8 million people, and is capable of handling orders anywhere from five to 2,000 people at a time.

EzCater has raised $4 million to help increase amount of caterers on its food-ordering platform and to reach more customers, according to TechCrunch.

EzCater works with caterers and other food providers to enter their meal choices into the platform.  This provides a more standard way of displaying menus.

So far the website has served more than 1.8 million people, and is capable of handling orders anywhere from five to 2,000 people at a time.

The average order size is about $225, which makes its orders significantly larger than most of the competition’s. The funding is coming at a time where it has been growing pretty rapidly, tripling revenue growth over each of the last three years.

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PYMNTS-MonitorEdge-May-2024