Online catering marketplace ezCater gets another $150M at a $1.25B valuation

Online catering marketplace ezCater gets another $150M at a $1.25B valuation

5 years ago
Anonymous $Dftgs0JzgE

https://techcrunch.com/2019/04/01/online-catering-marketplace-ezcater-gets-another-150m-at-a-1-2b-valuation/

In 2007, Stefania Mallett and Briscoe Rodgers conceived of ezCater, an online marketplace for business catering, and began building the company in Mallet’s Boston home, mostly at her kitchen table.

Recently, sitting at that same table, Mallett negotiated with Brad Twohig of Lightspeed Venture Partners the final terms of a $150 million Series D-1 at a $1.25 billion valuation. Lightspeed, alongside GIC, co-led the round, with participation from Light Street Capital, Wellington Management, ICONIQ Capital and Quadrille Capital.