Grubhub is a well-known online food delivery platform that connects diners with local restaurants. Many people use it daily, but few ask: who owns Grubhub? This article dives deep into the company’s history, ownership, CEO, financials, and more to give you a clear picture.
History of Grubhub
Grubhub was founded in 2004 in Chicago by Matt Maloney and Mike Evans. They wanted to replace traditional paper menus with a more efficient digital alternative. The company grew quickly, especially after merging with Seamless in 2013. This move helped Grubhub expand its reach in major U.S. cities.
Grubhub went public in 2014 on the New York Stock Exchange under the ticker “GRUB”. Over the years, it faced stiff competition from other delivery platforms like Uber Eats and DoorDash. To stay relevant, it focused on building partnerships and acquiring smaller rivals.
In 2021, Grubhub’s ownership changed dramatically when it was acquired by a European giant.
In 2025, Grubhub was acquired by Wonder Group Inc. The Wonder Group acquired it from Just Eat Takeaway.com completely for $615 million.
Who Owns Grubhub in 2025?
Grubhub is owned by Wonder Group Inc., a privately held U.S.-based food tech company founded by Marc Lore. The acquisition was finalized in early 2025, transferring full ownership of Grubhub from its previous European parent company, Just Eat Takeaway.com.
Parent Company: Wonder Group Inc.
Wonder Group is a food innovation and logistics company headquartered in New Jersey. Founded in 2018 by Marc Lore, Wonder’s core business initially revolved around mobile kitchen units and vertically integrated meal preparation. Over the years, the company expanded into food delivery, meal kits, and e-commerce grocery services.
Wonder aims to create a comprehensive platform for all mealtime occasions, combining proprietary first-party kitchens with third-party restaurants. Its acquisition of Grubhub represents a major leap toward this ambition.
Wonder Group Inc. has raised significant capital from various institutional investors to support its growth and acquisitions. Notable investors include:
- Accel: A venture capital firm known for investing in early-stage startups.
- Bain Capital Ventures: The venture arm of Bain Capital, focusing on technology investments.
- GV (formerly Google Ventures): The venture capital investment arm of Alphabet Inc.
- Nestlé: The multinational food and beverage company, which has invested in Wonder to expand its digital food delivery capabilities.
- Forerunner Ventures: A venture capital firm specializing in consumer-focused investments.
These investors have collectively contributed to Wonder’s funding, which exceeds $1.7 billion, enabling the company to pursue strategic acquisitions like Grubhub and expand its operations.
Acquisition Insights
In November 2024, Just Eat Takeaway.com (JET) announced that it had reached an agreement to sell Grubhub to Wonder Group Inc. The deal was completed in January 2025.
- Deal value: $650 million
- $150 million in cash
- $500 million in a secured vendor loan note
- Seller: Just Eat Takeaway.com, a Dutch-based multinational food delivery company
- Buyer: Wonder Group Inc.
JET had acquired Grubhub in 2021 for $7.3 billion in stock. However, the company faced mounting losses and investor pressure, prompting the decision to divest its U.S. operations. The sale to Wonder represented a steep discount but allowed JET to reduce financial strain.
The acquisition marked a pivotal point for Wonder, giving it access to Grubhub’s vast infrastructure and customer base.
Impact of Acquisition
The acquisition of Grubhub by Wonder Group Inc. has led to significant organizational changes. In February 2025, Grubhub announced the elimination of approximately 500 positions, accounting for 20% of its workforce, as part of the integration process with Wonder. This restructuring aims to streamline operations and align the two companies’ functions to achieve their shared vision of becoming the primary destination for mealtime.
Integration and Strategic Goals
Post-acquisition, Grubhub began integrating into Wonder’s operations. The goal was to combine Grubhub’s scale—over 375,000 restaurants and 200,000 delivery partners—with Wonder’s proprietary meal delivery systems.
Marc Lore’s vision is to create a “super app for mealtime”, blending:
- First-party restaurant offerings
- Third-party restaurant delivery
- Grocery and meal kit integration
To support the integration, Wonder undertook a company-wide restructuring. In February 2025, Grubhub reduced its workforce by 20% (about 500 positions) to streamline operations and align company culture and strategy with Wonder’s long-term goals.
Grubhub’s Current Ownership Structure
Grubhub is now a wholly owned subsidiary of Wonder Group Inc. As a private company, Wonder’s shareholder details are not publicly traded, but notable investors include:
- Marc Lore: Founder and CEO of Wonder; significant equity holder
- Accel: Early-stage venture capital investor
- GV (formerly Google Ventures): Corporate venture capital arm of Alphabet Inc.
- Bain Capital Ventures: Growth-focused investment partner
- Nestlé: Strategic investor aligned with food and CPG innovation
- Forerunner Ventures: Consumer-brand focused venture capital firm
Together, these investors helped raise more than $1.7 billion for Wonder prior to the Grubhub acquisition. Wonder used a mix of capital reserves and financing to complete the deal.
Implications for Grubhub
Under Wonder’s ownership, Grubhub has shifted from being part of a traditional food delivery conglomerate (JET) to being part of an innovative, vertically integrated food company. This strategic move is expected to change how Grubhub operates in the U.S. market.
- Focus will shift from high-volume delivery to profitable, premium-quality experiences
- Grubhub may increasingly feature Wonder-exclusive restaurants and grocery options
- The platform could evolve to include AI-driven recommendations, smart kitchen routing, and fully integrated mealtime planning
Wonder has not announced any plan to spin off or rebrand Grubhub, meaning it will likely retain its name and front-end platform while evolving behind the scenes.
Who is the CEO of Grubhub?
As of 2025, Howard Migdal serves as the Chief Executive Officer (CEO) of Grubhub. He assumed this role in March 2023, bringing with him over 16 years of experience in the food delivery industry. Migdal’s leadership has been pivotal during Grubhub’s recent transition, including its acquisition by Wonder Group Inc. in January 2025.
Background and Experience
Howard Migdal is a seasoned entrepreneur in the food delivery sector. In 2008, he co-founded GrubCanada, Canada’s first national food delivery platform. This venture was acquired by Just Eat in 2011. Following the acquisition, Migdal held several leadership positions, including Chief Operating Officer and later CEO of SkipTheDishes, Canada’s largest food delivery network. His extensive experience in scaling operations and driving growth has been instrumental in his role at Grubhub.
Leadership During Transition
Under Migdal’s leadership, Grubhub navigated significant organizational changes post-acquisition. In February 2025, the company announced the elimination of approximately 500 positions, accounting for 20% of its workforce, as part of the integration with Wonder Group Inc. Migdal emphasized the necessity of these changes to align with Wonder’s vision of becoming the primary destination for mealtime and to create a vertically integrated food delivery platform.
Strategic Vision
Migdal’s strategic focus includes streamlining operations, reducing management layers, and fostering closer collaboration between Grubhub and Wonder. He aims to leverage Grubhub’s extensive network of over 375,000 merchants and 200,000 delivery partners to enhance customer experiences and drive growth. Migdal’s leadership is characterized by a commitment to innovation and a customer-centric approach, aligning with Wonder’s broader objectives in the food delivery industry.
Previous CEOs of Grubhub
Before Howard Migdal, Grubhub was led by several notable CEOs:
- Matt Maloney: Co-founder and CEO from 2004 to 2021. He played a crucial role in establishing Grubhub as a leading food delivery platform in the United States.
- Adam DeWitt: Served as CFO and later as CEO after Maloney’s departure. DeWitt oversaw Grubhub during its acquisition by Just Eat Takeaway.com in 2021.
Migdal’s appointment marked a new chapter for Grubhub, focusing on integration with Wonder and adapting to the evolving landscape of the food delivery industry.
Annual Revenue and Net Worth of Grubhub
In 2025, Grubhub reported an annual revenue of approximately $2.0 billion. This figure reflects a slight decrease from the previous year, where the company generated $2.1 billion in revenue. The marginal decline is attributed to intensified competition within the food delivery sector and evolving consumer preferences.
Grubhub’s net worth in 2025 is closely associated with its acquisition by Wonder Group Inc. The company was acquired for an enterprise value of $650 million, a significant reduction from its previous valuation of $7.3 billion in 2020. This substantial decrease in valuation underscores the volatile nature of the food delivery industry and the impact of market dynamics on company valuations.
The acquisition deal comprised $150 million in cash and $500 million in senior notes, indicating a strategic investment by Wonder Group to integrate Grubhub’s operations and expand its footprint in the food delivery market.
Here is an overview of Grubhub’s historical revenue and estimated net worth from 2016 to 2025:
| Year | Annual Revenue | Estimated Net Worth / Valuation | Notes |
|---|---|---|---|
| 2025 | $2.0 billion | $650 million | Acquired by Wonder Group Inc. in Jan 2025 |
| 2024 | $2.1 billion | $1.0 billion (estimated) | Revenue stabilizes post-pandemic; JET explores sale |
| 2023 | $2.4 billion | $1.5 billion (estimated) | Increased competition; margins under pressure |
| 2022 | $2.5 billion | $2.2 billion (estimated) | Operations fully under Just Eat Takeaway.com |
| 2021 | $2.1 billion | $7.3 billion | Acquired by Just Eat Takeaway.com in all-stock deal |
| 2020 | $1.8 billion | $6.5 billion (peak valuation) | Pandemic surge; peak demand for food delivery |
| 2019 | $1.3 billion | $5.2 billion (market cap) | Stock listed on NYSE under ticker GRUB |
| 2018 | $1.0 billion | $4.8 billion (market cap) | Strong user growth and market expansion |
| 2017 | $683 million | $4.1 billion (market cap) | Partnerships with Yelp, major restaurant chains |
| 2016 | $493 million | $3.1 billion (market cap) | Focused on national expansion and mobile app growth |
Companies Owned by Grubhub
As of 2025, Grubhub, now a subsidiary of Wonder Group Inc., maintains a diverse portfolio of brands and services that enhance its food delivery and ordering capabilities. These acquisitions and partnerships have been instrumental in expanding Grubhub’s reach and service offerings across various markets.
Here’s an overview of the brands and companies owned by Grubhub:
| Company/Brand | Year Acquired | Focus Area | Key Contributions to Grubhub |
|---|---|---|---|
| Seamless | 2013 (merged) | Online food ordering for individuals and businesses | Expanded presence in major U.S. cities; strong user base in NYC and corporate accounts |
| AllMenus | 2011 | Online menu directory | Comprehensive restaurant listing and menu comparison service |
| MenuPages | 2011 | Menu discovery and restaurant reviews | Enhanced restaurant information depth and user content in Grubhub ecosystem |
| LevelUp | 2018 | Mobile payment and loyalty solutions | Enabled order-ahead, in-app payments, and loyalty rewards; enhanced user convenience |
| Tapingo | 2018 | Campus food delivery and pickup | Strengthened presence on U.S. college campuses; integrated meal plan-based ordering |
| OrderUp | 2017–2018 | Local food delivery in small/medium markets | Extended Grubhub’s delivery reach into underserved regions |
| DiningIn | 2015 | Premium restaurant and corporate catering | Helped target high-end consumers and corporate clients in several major metro areas |
| Delivered Dish | 2015 | Regional food delivery and catering | Bolstered delivery operations in the Pacific Northwest and Southwest |
| Eat24 | 2017 | General food delivery (via Yelp) | Increased restaurant partnerships and traffic via Yelp integration |
| Bask Labs | 2016 | Specialized dietary delivery options | Allowed Grubhub to serve vegan, vegetarian, and paleo-focused consumers |
Seamless
Seamless is an online food ordering service that allows users to order food for delivery and takeout from restaurants through their website or mobile apps. Founded in 1999 as SeamlessWeb, it was acquired by Aramark in 2006 and later merged with Grubhub in 2013. Seamless operates primarily in major U.S. cities, including New York City, Boston, Philadelphia, and Washington, D.C., offering a platform for both individual and corporate food orders.
AllMenus
AllMenus is an online platform that provides access to menus from various restaurants across the United States. Acquired by Grubhub in 2011, AllMenus serves as a comprehensive directory, allowing users to browse and compare restaurant offerings, facilitating informed dining choices.
MenuPages
MenuPages is a restaurant menu directory that offers detailed menus, reviews, and ratings for restaurants in several major U.S. cities. Acquired by Seamless in 2011, MenuPages complements Grubhub’s services by providing users with extensive information to aid in their dining decisions.
LevelUp
LevelUp is a mobile ordering and payment platform that enables users to order ahead and pay for meals through their smartphones. Acquired by Grubhub in 2018 for $390 million, LevelUp focuses on enhancing the customer experience by streamlining the ordering and payment process, and it has been integrated into Grubhub’s platform to offer loyalty programs and personalized promotions.
Tapingo
Tapingo is a mobile commerce application that specializes in advance ordering for pickup and food delivery services, primarily targeting college campuses. Acquired by Grubhub in 2018 for $150 million, Tapingo allows students to order food using their university meal plans, integrating seamlessly with campus dining services.
OrderUp
OrderUp was an online and mobile food-ordering and delivery company that operated in various U.S. markets. Grubhub acquired assets from OrderUp in 2017 and 2018, expanding its presence in smaller markets and enhancing its delivery capabilities in underserved areas.
DiningIn
DiningIn was a restaurant delivery and corporate catering service operating in cities like Boston, Chicago, Dallas, Philadelphia, and the Twin Cities. Acquired by Grubhub in 2015, DiningIn specialized in delivering meals from high-end restaurants, catering to both individual and corporate clients.
Delivered Dish
Delivered Dish was a Portland-based service that coordinated food delivery and catering for various settings, including homes, offices, and hotels. Acquired by Grubhub in 2015, Delivered Dish helped Grubhub expand its footprint in the Pacific Northwest and Southwest regions of the United States.
Eat24
Eat24 was a food delivery service that partnered with Yelp to offer online ordering from a wide range of restaurants. Grubhub acquired Eat24 in 2017, integrating its services to enhance Grubhub’s restaurant network and customer base. The acquisition also included a long-term partnership with Yelp to facilitate online ordering through Yelp’s platform.
Bask Labs
Bask Labs was a New York-based company offering takeout and delivery services for specialized dietary meals, including vegan, vegetarian, and paleo options. Acquired by Grubhub in 2016, Bask Labs contributed to Grubhub’s efforts to cater to diverse dietary preferences and expand its menu offerings.
Final Words
Grubhub has undergone significant transformation in recent years. From its early days as a food delivery startup to becoming a major player in the U.S. market, its journey has been marked by growth, partnerships, and acquisitions. In 2025, the company entered a new chapter when it was acquired by Wonder Group Inc., a strategic move that is expected to reshape its future operations.
Understanding who owns Grubhub today provides valuable insight into the evolving dynamics of the food delivery industry. Under Wonder Group, Grubhub is likely to integrate more deeply with vertically operated food and tech services, aligning with broader trends in convenience and personalization.
Despite changes in ownership and market pressure, Grubhub continues to maintain a strong presence across the United States. With an extensive network of restaurants, tech tools, and acquired platforms, it remains a key competitor in an increasingly consolidated market.
FAQs
Who is Grubhub owned by?
As of 2025, Grubhub is owned by Wonder Group Inc., a U.S.-based food technology and delivery company. Wonder acquired Grubhub from Just Eat Takeaway.com in a deal valued at $650 million, finalized in early 2025.
Did Amazon buy out Grubhub?
No, Amazon did not buy Grubhub. However, in 2022, Amazon entered into a commercial partnership with Grubhub to offer U.S. Prime members a free one-year Grubhub+ membership. Ownership of Grubhub remains with Wonder Group Inc.
Did Uber acquire Grubhub?
No, Uber did not acquire Grubhub. In 2020, Uber tried to acquire the company, but the deal fell through due to regulatory concerns. Instead, Just Eat Takeaway.com acquired Grubhub that year. In 2025, Wonder Group Inc. became the new owner.
Who owns Wonder Group Inc.?
Wonder Group Inc. is owned and led by Marc Lore, an entrepreneur best known for founding Jet.com and serving as the former CEO of Walmart U.S. eCommerce. Lore founded Wonder with a vision to revolutionize food delivery through vertically integrated kitchens and technology.
Is Grubhub same as Uber?
No, Grubhub is not the same as Uber. Grubhub is a food delivery service owned by Wonder Group, while Uber operates Uber Eats as part of its broader ride-sharing and logistics platform. They are competitors in the same industry but separate companies.
Why did Wonder buy Grubhub?
Wonder acquired Grubhub to rapidly expand its delivery infrastructure and customer base. The acquisition gave Wonder access to Grubhub’s nationwide logistics network, millions of active users, and a strong portfolio of restaurant partnerships, allowing Wonder to scale faster and innovate more efficiently.
Is Grubhub older than DoorDash?
Yes, Grubhub is older than DoorDash. Grubhub was founded in 2004, while DoorDash launched in 2013. Grubhub was one of the pioneers in the online food delivery space in the United States.
Does Amazon Prime own Grubhub?
No, Amazon Prime does not own Grubhub. However, Amazon partnered with Grubhub to offer Prime members free access to Grubhub+ benefits. The ownership of Grubhub lies with Wonder Group Inc. as of 2025.
Is Grubhub a software company?
Grubhub is not solely a software company, but it operates primarily through technology. It is considered a food delivery platform that leverages software and logistics to connect customers with local restaurants, offering both web and mobile app-based services.
How much did Jet buy Grubhub for?
Jet.com did not buy Grubhub. Instead, Grubhub was acquired by Just Eat Takeaway.com in 2020 for $7.3 billion in an all-stock deal. Jet.com, which was founded by Marc Lore, is unrelated to Grubhub’s ownership history.
Who did Grubhub merge with?
Grubhub merged with Seamless in 2013. The merger created one of the largest online food delivery companies in the U.S. at that time. Seamless became a sister brand under Grubhub’s platform.
Who owns Grubhub and DoorDash?
Grubhub is owned by Wonder Group Inc., while DoorDash is an independent publicly traded company listed on the NYSE under the ticker DASH. They are competitors and operate separately.
What happened to Grubhub stock?
Grubhub’s stock was delisted from the New York Stock Exchange in 2021 following its acquisition by Just Eat Takeaway.com. Since then, Grubhub has not been a publicly traded company. Its most recent ownership change occurred in 2025, when Wonder Group acquired it privately.
What company owns Seamless?
Seamless is owned by Grubhub. The two platforms merged in 2013, and Seamless continues to operate as a separate brand.
Who was the founder of Grubhub?
Grubhub was founded by Matt Maloney and Mike Evans in 2004 in Chicago.
How does Grubhub make money?
Grubhub earns revenue through delivery fees, service charges, and commissions from restaurants. It also offers marketing services and loyalty programs through LevelUp.