EatStreet is raising $12 million in equity to support the company's growth plans to launch its delivery service in cities throughout the Midwest, reports Milwaukee Business Journal. The funds will support a number of efforts, from operations to driver recruitment and marketing to ongoing product development.
The Madison, Wis.-based company sold approximately $6 million of its offering to eight investors so far, according to a regulatory filing with the U.S. Securities and Exchange Commission. Current investors include gener8tor, a Wisconsin-based startup accelerator, and Milwaukee-based investor group CSA Partners, according to the report. Full Story
Related: Olo Partners With EatStreet; EatStreet Acquires Zoomer Assets in 10 Markets.
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EatStreet Raising $12M for Midwest Expansion
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October 24, 2018
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