Square Acquires Zesty to Expand Caviar’s Corporate Catering Business
19 Aprile 2018 - 10:05PM
Business Wire
Square, Inc. (NYSE: SQ) announced today that it has acquired
certain assets of Zesty, a catering platform that empowers
companies to be healthier and more productive. The addition of
Zesty will enable Caviar, Square’s food ordering platform, to
strengthen and scale its growing corporate ordering business,
Caviar for Teams, and serve meals from the best restaurants across
the U.S. to companies of all sizes.
With Zesty, Caviar for Teams expands its catering offering with
new features tailor-made for large corporate food programs,
including:
- Sophisticated menu-planning tools and
algorithms
- Robust order management
- White-glove catering logistics
- Nutrition and allergen customization,
including a focus on healthy order options
“Restaurants turn to Caviar to reach more diners and grow their
businesses. Expanding our corporate catering product with Zesty
enables us to offer our restaurant partners another way to boost
sales through higher-margin, large-format catering orders,” said
Gokul Rajaram, Caviar Lead at Square. “Caviar is thriving, and
we’re excited to supercharge its success with Zesty and double down
on an area with great opportunity to drive more growth for our
business.”
Caviar continues to grow as a full food-ordering platform,
expanding from consumer delivery, to consumer pickup, and now
robust catering services. One of the first food delivery platforms
to offer a corporate ordering product, Caviar has offered ordering
functionality for groups since 2014. Caviar for Teams, launched in
2016, has since added a sophisticated group ordering portal that
offers large teams ordering options from multiple restaurants,
detailed invoicing, and more. With Zesty, Caviar’s offerings now
include full-fledged, white-glove corporate catering, allowing it
to serve companies of all sizes.
“We’re thrilled to join Square and Caviar and continue helping
companies feed their employees healthy, high-quality food,” said
Chris Hollindale, founder and CEO of Zesty. “We share the same
philosophy of offering only the best food from top-quality
restaurants, and we are excited by Square’s passion for building
smart tools to help restaurants grow.”
Caviar’s deep relationships with restaurants, integration with
Square, and focus on using technology to improve operations help
restaurants of all sizes grow their sales and expand their reach.
Expanding corporate catering through Zesty means Caviar now offers
restaurants even more ways to boost sales through a single
platform. More information about Caviar’s corporate ordering
offerings can be found at trycaviar.com/teams.
About Caviar
Caviar is an easy way to order meals from the best local
restaurants across the U.S. Customers can order on the web, or from
Caviar’s free mobile app for iOS and Android. Caviar provides
customers with quick, reliable delivery and pickup service. A part
of Square’s suite of services for businesses, Caviar enables
restaurants across the country to reach more customers, grow their
sales, and expand their reach.
About Square, Inc.
Square, Inc. (NYSE:SQ) creates tools that help sellers start,
run, and grow their businesses. Square enables sellers to accept
card payments and also provides reporting and analytics, next-day
settlement, and chargeback protection. Square’s point-of-sale
software and other business services help sellers manage inventory,
locations, and employees; access financing; engage customers; and
grow sales. Square Cash is an easy way for businesses and
individuals to send and receive money, and Caviar is a food
ordering service for restaurants. Square was founded in 2009 and is
headquartered in San Francisco, with offices in the United States,
Canada, Japan, Australia, Ireland, and the UK.
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version on businesswire.com: https://www.businesswire.com/news/home/20180419005389/en/
Square, Inc.Media Contact:press@squareup.com
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