GrubHub Sending out Food, Taking in Dollars
By Laura Oppenheimer in Food on May 1, 2007 3:30PM
What we were pleasantly surprised to discover is that GrubHub is raking in the dough in a serious kind of way. Last year they placed more than $4 million in Chicago delivery orders, and they have already have completed $3 million in orders in 2007. Not bad for a couple of guys who hatched the idea while eating the same mediocre take-out over and over again while working on the technology side at Tribune Co.'s Apartments.com.
What's next for GrubHub? They have already expanded into Milwaukee, New York and San Francisco, and they are launching in Boston, Seattle and Washington, D.C. And we bet that co-founders Matt Maloney, 31, and Michael Evans, 30, aren't feeling the pain of eating greasy take-out any more; last year they had $1 million is revenue. Now if they could use some of their internet prowess to help the Sun-Times get the Jump2Web function on articles to work.