Owners
Club Feast is an American restaurant food delivery service launched in 2020. The startup is developing an application for delivering dishes from partner restaurants by subscription, which costs $6.99 per dish (by May 2021). The company also charges customers $2 for delivery, as well as plus $1 if it is a one-time order of dishes.
Platform users subscribe, choose the desired restaurant and make orders at least a day before the scheduled delivery time.
By the end of May 2021, the service operates in San Francisco, two areas of Los Angeles and New York. The company claims that Club Feast prices are about 40% lower than competitors.
History
2021: Raising $10.25 million in investments, including from Grishin Robotics
On May 25, 2021, Club Feast announced the raising of $10.25 million. The funding round was led by venture capital firm General Catalyst. Also involved in the deal were Grishin Roboto Dmitry Grishin, Modern Venture Partners, Pika Capital and private investor Eric Feldman, who had not previously invested in Club Feast.
We work closely with restaurants to offer dishes that they can cook at a price acceptable to our users, "said Club Feast founder Atallah Atallah. |
According to him, thanks to the advance placement of all orders, Club Feast and partners can plan the best routes without the need to build complex algorithms for optimizing the delivery of orders.
Sometimes the best solutions are the simplest, "he added. |
Atalla Atalla says that you should not consider Club Feast as a direct competitor to other ready-made food delivery services. On the contrary, he suggested continuing to use DoorDash and Uber Eats for quick orders or special occasions, since Club Feast is a more acceptable option for regular meals.[1]