Just Eat

company

About

Just Eat provides convenient and easy access to a huge variety of delivery restaurants and order food online.

  • 1001 - 5000

Details

Last Funding Type
Series B
Last Funding Money Raised
$48M
Industries
E-Commerce,Food and Beverage,Food Delivery,Internet
Founded date
Jan 1, 2001
Number Of Employee
1001 - 5000
Operating Status
Active

JUST EAT's vision is 'Order takeaway the smart way', a promise to consumers and restaurants alike. To consumers Just-Eat provide convenient and easy access to a huge variety of delivery restaurants and order food online, and to restaurants they help improve their business by increasing their exposure and providing new revenue streams.

Today Just-Eat is the world's leader in online takeaway ordering. As of early 2012 Just-Eat has activities on four continents and more than 38 000 restaurants on their network, with more than 12 000 in the UK alone.

The roots of Just-Eat originate in Denmark where the company launched in 2001 by Founder http://www.crunchbase.com/person/jesper-buch. After some initial years of boot strapped growth the company slowly started to internationalise, beginning with the UK launch in 2006. The internationalisation of the company gained momentum in 2009 when Just-Eat had their series A investment round and received £10.5 million from Index Ventures.

Whilst headquartered in London, UK, Just-Eat operate with significant local teams in all their market countries and consider the energy and quality of Just-Eat's local activities critical to success.

In March 2011 a second round of investment saw two leading US venture capitalists, Greylock Partners and Redpoint Ventures, invest £30million. Greylock Partners have previously invested in Facebook, LinkedIn and Wonga. Just-Eat's parent company is Just-Eat Holdings Limited.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
2
$48M £35M
Just Eat has raised a total of $48M £35M in funding over 2 rounds. Their latest funding was raised on Apr 27, 2012 from a Series C round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Apr 27, 2012 Series C £35M 1 Detail
Apr 1, 2011 Series B $48M 1 Redpoint Detail

Investors

Number of Lead Investors
Number of Investors
1
1
Just Eat is funded by 1 investors. Redpoint are the most recent investors.
Investor Name Lead Investor Funding Round
Redpoint Series C