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§ Private Profile · San Francisco, CA, USA
Food delivery app curating and delivering high-quality restaurant meals for urban consumers, focused on gourmet partnerships.
Caviar has raised $15.0M across 2 funding rounds.
Key people at Caviar.
Caviar was founded in 2012 by Jason Wang (Founder/Founding CEO) and Richard Din (Founder) and Andy Zhang (Founder) and Tony (Shi) Li (Founder).
Caviar has raised $15.0M in total across 2 funding rounds.
Caviar is a food delivery platform based in San Francisco, California, that curates premium restaurant options and utilizes independent couriers to fulfill customer orders. The company targets urban consumers and corporate clients across major metropolitan areas by partnering with exclusive local establishments without requiring monthly subscription fees. Prior to its acquisitions, the startup scaled to 40 employees and secured $15 million in venture capital funding from notable investors including Andreessen Horowitz, Paul Buchheit, and the Winklevoss twins. The platform generated seven-figure annual revenues in its first year before being acquired by Square for $90 million in August 2014. Subsequently, the business was purchased by DoorDash for $410 million in 2019 to further consolidate the premium food delivery market. Caviar was founded in 2012 by Jason Wang, Richard Din, Shawn Tsao, Andy Zhang, and Abel Lin.
Key people at Caviar.
Caviar was founded in 2012 by Jason Wang (Founder/Founding CEO) and Richard Din (Founder) and Andy Zhang (Founder) and Tony (Shi) Li (Founder).
Caviar has raised $15.0M in total across 2 funding rounds.
Caviar's investors include Tiger Global, Winklevoss Capital, Amasia, Locus Ventures, Polaris Partners, Saga, Scrum Ventures, Seven Seven Six, Y Combinator, Joshua Schachter, Rohit Jain, Ryan Duranso.
Caviar is a premium food delivery service often described as "Uber for food," specializing in delivering curated, high-quality meals from local and exclusive restaurants directly to customers' doors[1][4][5]. It serves consumers seeking convenient access to upscale dining options without leaving home, solving the problem of limited delivery options for quality restaurants. Caviar’s platform offers real-time order tracking, no-contact delivery, and scheduling flexibility, catering to both delivery and pickup preferences[1][4]. Owned by DoorDash, it leverages a strong logistics network while maintaining a focus on restaurant curation and customer experience[5]. The company has demonstrated growth momentum by integrating with DoorDash’s infrastructure and expanding its reach in major metropolitan areas.
Founded by a team of five co-founders with a hands-on approach, Caviar launched by personally managing every aspect of the delivery process, including making sales calls, partnering with restaurants, and even delivering food themselves[3]. This labor-intensive, founder-driven model provided deep operational insights and helped build strong relationships with restaurants and customers. The founders’ direct involvement allowed them to refine the delivery experience, optimize routes, and ensure quality control early on, setting the stage for scalable technology solutions. Over time, Caviar evolved from this manual, boutique service into a technology-driven platform under the ownership of DoorDash, expanding its operational scope while preserving its curated restaurant focus[3][5].
Caviar rides the trend of on-demand food delivery combined with a premium, curated dining experience. The timing aligns with growing consumer demand for convenience without sacrificing food quality, especially in urban markets where restaurant variety is high but delivery options are often limited to mass-market chains[1][5]. Market forces such as increased smartphone adoption, advances in logistics technology, and shifting consumer habits toward home dining have favored Caviar’s model. By focusing on quality and exclusivity, Caviar differentiates itself from broader platforms like Uber Eats and GrubHub, influencing the ecosystem by raising standards for restaurant partnerships and delivery experience[3][5].
Looking ahead, Caviar is poised to deepen its integration with DoorDash’s technology and logistics while expanding its curated restaurant network to capture more discerning customers. Trends such as subscription-based delivery services (e.g., DashPass), increased demand for contactless and scheduled deliveries, and consumer preference for premium food experiences will shape its growth trajectory. As competition intensifies, Caviar’s emphasis on quality, operational excellence, and strong restaurant relationships will be critical to maintaining its niche. Its influence may evolve toward setting benchmarks for premium food delivery service standards within the broader on-demand economy.
Caviar’s journey from a founder-driven, hands-on startup to a scalable, tech-enabled platform exemplifies how deep operational understanding combined with technology can create differentiated value in a crowded market.
Caviar has raised $15.0M across 2 funding rounds. Most recently, it raised $13.0M Series A in April 2014.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Apr 1, 2014 | $13M Series A | Tiger Global, Winklevoss Capital | Amasia, Locus Ventures, Polaris Partners, Saga, Scrum Ventures, Seven Seven SIX, Y Combinator, Joshua Schachter, Rohit Jain, Ryan Duranso, SAM Altman, Paul Buchheit, Andreessen Horowitz, Mixt Greens | Announced |
| Dec 1, 2012 | $2M Seed | — | Amasia, Locus Ventures, Polaris Partners, Saga, Scrum Ventures, Seven Seven SIX, Y Combinator, Joshua Schachter, Rohit Jain, Ryan Duranso, SAM Altman | Announced |