EAT Club acquires healthy food startup Farm Hill

TechCrunch | 5/17/2018 | Megan Rose Dickey
chrismpotts (Posted by) Level 3
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EAT Club, the corporate lunch service with a customer base that includes Flipboard, Mastercard and TaskRabbit, has acquired Farm Hill, a lunch box delivery service, to solidify and expand its presence in the San Francisco Bay Area. Terms of the deal were not disclosed, but Farm Hill had previously raised $4 million in capital.

EAT Club also brought on Doug Leeds, the former CEO at IAC Publishing and former executive in residence at August Capital, as its new CEO. Leeds is EAT Club’s third CEO since 2016, when its first CEO Frank Han moved into the COO role. Han left the company entirely in November 2017, according to his LinkedIn. Following Han’s departure as CEO, EAT Club brought on Mike Griffith, who served as president and CEO for less than two years. Griffith left in March because of a cultural mismatch of sorts, EAT Club co-founder Rodrigo Santibanez told me. With Leeds on board, the plan is to “build a big company,” Santibanez said.

Team - Chance - Company - Santibanez - Stage

“We understand that the stronger the team we have, the better chance we have of building a long-lasting company,” Santibanez said. “At a stage right now where we’re looking for someone who can set...
(Excerpt) Read more at: TechCrunch
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