GrubHub Seamless Files Confidentially for IPO

February 20, 2014

Less than a year after Chicago’s very own Grubhub and New York-based Seamless announced their merger, the company is filing for an IPO, The Wall Street Journal announced today.

Although Grubhub Seamless hasn’t commented on the news and hasn’t named any numbers publically yet, the IPO is estimated to launch in the first half of this year.

Grubhub, a Chicago-grown company since it was founded in 2004, has raised about $85 million from firms such as Benchmark Capital and DAG ventures. The company has also benefitted from the support of the local investor community like Chicago-based Origin Ventures.

Seamless raised about $50 million in 2011 and The Wall Street Journal reported that the company, which was founded in 1999, had plans to go public on its own before it joined Grubhub.

[ibimage==33519==Medium==none==self==ibimage_align-right]

A few months after the companies merged, T. Rowe Price bought a stake in the combined company.

Together, GrubHub Seamless reaches 28,000 restaurants in 600 cities around the country, allowing the restaurants to post menus and allowing customers to order through the site. The company had a revenue of over $100 million in 2012, The Wall Street Journal reported.

The two companies have acquired a number of other startups in the space, such as MenuPages, Dotmenu which owns websites CampusFood.com and Allmenus.com.

Have a pitch or embargoed news for a future story? Email [email protected].

Jobs at Grubhub52 open jobs
All Jobs
Finance
Data + Analytics
Design + UX
Dev + Engineer
HR
Internships
Marketing
Operations
Product
Project Mgmt
Sales
Design + UX
new
Design + UX
new
Marketing
new
Project Mgmt
new
Data + Analytics
new
Data + Analytics
new
Data + Analytics
new
Data + Analytics
new
Developer
new
Operations
new

Chicago startup guides

LOCAL GUIDE
Best Companies to Work for in Chicago
LOCAL GUIDE
Inside the Best Software Engineer Jobs in Chicago
LOCAL GUIDE
Tour the Coolest Offices in Chicago Tech
LOCAL GUIDE
Inside the Best Sales Jobs in Chicago
LOCAL GUIDE
Your Guide to the Best Perks at Chicago Tech Companies
LOCAL GUIDE
Your Guide to Healthtech in Chicago
LOCAL GUIDE
Inside the Best Data Science & Data Analyst Jobs in Chicago
LOCAL GUIDE
Inside the Best Marketing Jobs in Chicago