John Hughes, CBE,
Chairman
The JUST EAT Story
Our vision is make takeaway ordering quicker and easier for consumers and restaurants alike. To consumers we provide convenient and easy access to a great takeaway experience, and to restaurants we help improve their business.
The roots of JUST EAT originate in Denmark where the company was first incorporated in 2000 and then launched in 2001. After some initial years of boot strapped growth the company slowly started to internationalise, beginning with the UK launch in 2006. The internationalisation of the company gained momentum in 2009 when we had our series A investment round.
Today JUST EAT is the world’s leader in online takeaway ordering. With activities on four continents and more than
20,000 restaurants on our network we help millions of takeaway customers every month.
Whilst we are headquartered in London, UK, we operate with significant local teams in all our countries as our experience of rapid growth has proven that the energy and quality of our local activities is critical to success.
We’ve come a long way since 2001 when a handful of JUST EAT co-founders first began to dream about how to link hungry surfers and delivery restaurants. But in reality we are still in the early days of our company’s history; less than 10% of all takeaway orders in the world take place online, so there is still plenty of growth out there for us. It is our ambition to build a huge customer brand as the basis for a true, international success story.
The Board
Owners
Index Ventures
Index Ventures is a leading venture capital firm active in technology, biotech and clean tech venture investing since 1996. The firm is dedicated to helping entrepreneurial teams in the Information Technology and Life Science sectors build their companies into market defining global leaders and stage focus is from seed right through to growth stage companies. The firm has offices in Geneva, London and Jersey and will be opening an office in the Bay Area in the Fall of 2011. Index’s current portfolio includes Adconion, Criteo, Boku, Etsy, Flipboard, MOO, Moshi Monsters, Ozon, Rightscale, Stardoll, Trialpay and viagogo. Exits of note include Lovefilm (acquired by Amazon), Betfair (LSE: BET.L), Playfish (acquired by Electronic Arts), MySQL (acquired by Sun), Last.fm (CBS) and Skype. For more information, please visit www.indexventures.com.
Greylock Partners
Greylock partners with entrepreneurs to help them build market-leading businesses. Over the past 45 years the firm has worked with hundreds of companies, 150 of which have gone on to IPOs and 100 of which have gone on to profitable M&A events. Such companies include Ascend Communications, CheckFree, Constant Contact, Decru, Data Domain, DoubleClick, Internet Security Systems, Legato, Media Metrix, Openwave, Open Market, OutlookSoft, Red Hat, RightNow Technologies, Success Factors, Tellabs, Trilogy and Wily Technology. Current Greylock portfolio companies include Apptio, Cloudera, Data Robotics, Facebook, Groupon, Imperva, LinkedIn, Notonthehighstreet, One Kings Lane, Palo Alto Networks, Pandora, Picarro, Redfin, Workday, Wonga and ZipCar.
For more information about Greylock Partners, visit our Web site or blog or follow us on Facebook or Twitter (@greylockvc).
Redpoint Ventures
Redpoint Ventures has helped entrepreneurs build innovative businesses that defy convention, shape the future, and change the world. From early investments in industry pioneers like MySpace, Netflix, TiVo, and Juniper to companies such as RightMedia, Zimbra, LifeSize, Danger, Fortinet, Heroku and HomeAway – we stand behind our entrepreneurs helping them go all the way to the top. With our deep experience and focus on quality, we offer entrepreneurs a culture and approach that values mutual respect, meaningful relationships, and an intense commitment to succeed. Redpoint was founded in 1999 and currently has over $2 billion under management. Its partners have been involved in 39 IPOs and 65 upside acquisitions. The firm is headquartered in Menlo Park, CA with offices in Los Angeles and Shanghai, China.
SM Trust
SM Trust invests in various IT related companies. Portfolio companies include web hosting company UK2Group.com and the avatar based poker site PKR.com
Vitruvian Partners
Vitruvian Partners is a private equity firm managing a €925 million fund focused on technology/internet, media, healthcare services, business services and financial services investments across Northern Europe. The team at Vitruvian has extensive experience of working with and supporting high-growth companies at various stages of development. Our highly experienced professionals come from well-known blue-chip private equity firms and bring more than 80 years of collective private equity experience as well as decades of strategic, entrepreneurial and corporate finance experience.
For more information please visit: www.vitruvianpartners.com
Other owners
The other owners includes management and various private investors.
