糖心视频

Food services company has acquired Redwood City, California-based , a corporate food-delivery technology platform, the companies told Crunchbase News. Terms of the deal were not disclosed.

Subscribe to the Crunchbase Daily

EAT Club is now part of , led by CEO Jugveer Randhawa, and its technology will lead Compass鈥� efforts of providing customers in the business and industry, education and health care areas with their workplace dining needs as companies return to work following the global pandemic.

鈥淕iven the pandemic and market trends, EAT Club offered us a mature technology that we could get to market quickly and provide a more adaptive food delivery model to clients,鈥� Randhawa said. 鈥淲e have dabbled in distributive delivery models for some time, as well as mobile delivery at our corporate campus customers, but this deal brings together a catering business with a caf茅 business.鈥�

EAT Club, founded in 2010, focuses on being a virtual cafeteria, offering individually ordered and packaged meals in one synchronized delivery for companies that don鈥檛 have a dedicated dining option in their buildings, said , EAT Club鈥檚 CEO who will retain that role at Compass.

Prior to the acquisition, its services were being used by approximately 1,000 companies, including and , he added.

EAT Club has 800 employees, and experienced a downturn during the pandemic that involved cutting jobs, Leeds said, which led the company to pivot its focus to its technology.

鈥淲hen the pandemic hit, we were doing full-stack food service, which included making and delivering food ourselves,鈥� Leeds said. 鈥淎t this time last year, we thought people would come back to the office soon, but realized it was not going to be soon and we needed to change the model and the technology.鈥�

EAT Club built a SaaS platform that sits on top of other food production and logistics platforms, he added. While piloting the technology with Compass, Leeds said he realized that together they could provide a better service.

The company has raised in known venture capital rounds, according to Crunchbase data. Leeds said there was an additional funding round, but did not go into specifics. The company also made two acquisitions of its own, including in 2019 and in 2018, that are part of the acquisition.

鈥淒oug has built a great team, and they are staying intact,鈥� Randhawa said. 鈥淲e are now scaling and will implement EAT Club鈥檚 technology across the U.S. in new and better ways.鈥�

Illustration: