Having raised £671k over five funding rounds to date, Grub Club has been gobbled up by VizEat (newly EatWith), a global firm providing much the same service – but focused on offering travellers and tourists the chance to sample local cuisine.
At the time of writing, Grub Club continues to operate throughout the UK, with hosts listing events for several months to come. It’s unclear whether the acquisition is an acqui-hire, roll-up, asset sale, or something else.
Crowdcube itself has now backed six companies that have gone on to exit:
As shown above, a total of 1,101 high-growth UK firms have been supported by the crowd to date, yielding a crowdfunding exit rate of 1.8%. A further 6% have reached growth-stage.