EatWith

Company Overview

Snapshot

Founded in February 2012 by Jean Michel Petit and Guy Michlin, EatWith operated with 11–50 employees. The company raised $8 million across 2 funding rounds from 3 investors, with Greylock participating in funding. EatWith was acquired by VizEat in September 2017.

Business overview

EatWith provided a global marketplace connecting culinary entrepreneurs with food enthusiasts for unique communal dining experiences. The platform allowed diners to browse menus from hosts worldwide and book seats at their tables, fostering shared experiences with diverse individuals. EatWith aimed to democratize the food industry by creating economic opportunities for talented hosts, operating within the Social Media and Advertising sector, and specializing in platforms and interfaces for consumers, particularly foodies, in the recreational and lifestyle market.

Strategic signal

EatWith's acquisition by European 'social eating platform' VizEat in September 2017 signaled a consolidation within the social dining market. This strategic move indicated a growing interest in scaling communal dining experiences through mergers and acquisitions, highlighting the potential for market leaders to expand their global reach and user base by integrating established platforms.

Company Intelligence Q&A

What was a significant corporate milestone for EatWith?

EatWith was acquired by VizEat in September 2017, leading to its inactive status.

When was EatWith founded and by whom?

EatWith was founded in February 2012 by Jean Michel Petit and Guy Michlin.

How much capital did EatWith raise?

EatWith raised a total of $8 million across two funding rounds.

Which investors participated in EatWith's funding rounds?

Greylock and Genesis Partners participated in EatWith's funding rounds. TripAdvisor also invested in November 2016.

What was the nature of EatWith's business model?

EatWith operated a B2C business model, connecting individual culinary entrepreneurs with consumers seeking unique dining experiences.