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Online delivery-only restaurant group in the Philippines
MadEats has raised $1.7M across 1 funding round.
Key people at MadEats.
MadEats was founded in 2020 by Keisha Lao (Founder) and Andie Cruz (Founder) and Mikee Villareal (Founder).
MadEats has raised $1.7M in total across 1 funding round.
MadEats is an online delivery-only restaurant group in the Philippines, building affordable, high margin food brands by using our own ghost kitchens.
Since we use ghost kitchens, we don’t have to spend for expensive dining areas and wait staff. We can spend more money on growing our food brands, better food, and making better delivery experiences.
MadEats is a delivery-only online restaurant group in the Philippines that operates a portfolio of virtual food brands designed specifically for delivery. It builds and manages multiple cuisine concepts such as Korean fried chicken, Chinese takeout, fried rice, coffee, desserts, and bulk orders, all prepared in ghost kitchens without physical storefronts. MadEats serves customers across Metro Manila, offering convenient, delivery-optimized dining experiences through its own platform and fleet of drivers. The company solves the problem of limited dine-in options during the pandemic and the inefficiencies of traditional restaurants in delivery, leveraging technology to scale and optimize order fulfillment. Since its launch in November 2020, MadEats has shown strong growth momentum by expanding its brand portfolio and kitchen locations, backed by $1.7 million in seed funding from notable investors[1][2].
MadEats was founded in 2020 by a team led by CEO Mikee Villareal, who previously worked with top restaurant groups in the Philippines managing over 20 restaurant concepts. The idea emerged during the COVID-19 pandemic when dine-in restrictions forced many restaurants to pivot to delivery. Recognizing the opportunity, the founders created MadEats as a “full-stack” delivery-only startup with its own virtual storefronts, ghost kitchens, and delivery fleet. Early traction came from operationalizing delivery-forward restaurant concepts and launching multiple in-house brands tailored for delivery. This approach differentiated MadEats from traditional restaurants and ghost kitchens by combining brand creation, kitchen operations, and logistics under one roof[1][2].
MadEats rides the global trend of cloud kitchens and virtual restaurants, which gained momentum due to the pandemic-driven surge in food delivery demand. The timing is critical as consumer behavior shifts towards convenience and digital ordering, while traditional restaurants face cost and operational challenges adapting to delivery. MadEats leverages technology to optimize kitchen utilization, reduce overhead, and rapidly test new food concepts, influencing the Philippine food tech ecosystem by demonstrating a scalable, tech-enabled model for delivery-only dining. Its integrated approach also supports the growth of the gig economy through its delivery fleet and contributes to the modernization of the local food service industry[1][2][3].
MadEats is well-positioned to capitalize on the continued growth of food delivery in the Philippines by expanding its ghost kitchen footprint and brand portfolio. Future trends shaping its journey include increased consumer demand for diverse, high-quality delivery options and advancements in logistics technology. The company’s proprietary tech stack and data-driven approach will likely enhance operational efficiency and customer experience, potentially enabling physical storefronts or hybrid models in the future. As MadEats scales, it could become a leading example of how virtual restaurant groups can transform food service in emerging markets, influencing both consumer habits and industry standards[1][2].
Key people at MadEats.
MadEats was founded in 2020 by Keisha Lao (Founder) and Andie Cruz (Founder) and Mikee Villareal (Founder).
MadEats has raised $1.7M in total across 1 funding round.
MadEats's investors include Crystal Towers Capital, JAM Fund, MAIN, Rebel Fund, Starling Ventures.
MadEats has raised $1.7M across 1 funding round. Most recently, it raised $1.7M Seed in April 2022.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Apr 21, 2022 | $1.7M Seed | Crystal Towers Capital, JAM Fund, MAIN, Rebel Fund, Starling Ventures |