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Funding will fuel EatWith’s global expansion; Company sets up headquarters in San Francisco.
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EatWith has raised $8 million in Series A financing round led by Greylock Partners with participation from previous investor Genesis Partners and individual angels. With this funding, EatWith will focus on growth, building on the company’s strong presence in major metros around the world including Barcelona, Rome, Paris and New York, in addition to fueling expansion in San Francisco.
Through EatWith, people can dine in local homes around the world. Diners connect with hosts and create experiences, while enjoying homemade food. Hosts can open their homes and invite guests inside for a small gathering to drink, eat and converse. Anyone can enjoy this experience, whether they are in the city they live in or on vacation.
“Our mission is to change the way people eat, travel and interact with each other by creating a dining experience that brings individuals together over a shared meal, ” said Guy Michlin, CEO and co-founder of EatWith.”
Co-founded in 2012 by CEO Guy Michlin and CTO Shemer Schwarz, EatWith now has more than 500 hosts on the platform and tens of thousands of guests in more than 30 countries and 160 cities worldwide.
Simon Rothman from Greylock Partners said , “The most important drivers of our investment in EatWith are the product and the team. Guy and Shemer have built an incredible platform and going to an EatWith dinner is an unquestionably magical experience.”
How It Works
The EatWith community brings passionate hosts and guests together to discover unique social dining experiences only found by connecting on EatWith’s platform. For example:
- Tourists visiting Toledo, Spain can eat homemade paella from a backyard grill while experiencing life as a local and getting a behind the scenes look into the culture and the people who live there.
- A San Francisco local can book a six course Sake Summer Supper while getting to know new people in their city.
- Backpackers in Europe can visit a family farm outside of Florence, Italy for a nine course, all-organic meal.
The company has developed processes and tools to ensure guests and hosts alike have a positive experience, including a meticulous set of guidelines that EatWith follows to sign up hosts. Each home and menu is reviewed and approved by EatWith. Additionally, the community ratings are shared publicly on the EatWith site.
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