DoorDash Acquires SevenRooms in $1.2B All-Cash Deal to Enhance Restaurant Technology Offerings
Briefly

DoorDash has acquired SevenRooms, a hospitality technology firm, for $1.2 billion in cash. This acquisition reflects DoorDash's commitment to enhancing its Commerce Platform by integrating SevenRooms' CRM tools catering to restaurants and hospitality. SevenRooms, founded in 2011, supports over 13,000 venues globally, focusing on enriching guest experiences and assisting hospitality operators in achieving sustainability. CEO Joel Montaniel emphasized the importance of restaurants in local communities and the need for businesses to grow while ensuring guests feel welcomed. This acquisition is set to help DoorDash’s merchant partners increase profitability across various channels.
"We founded SevenRooms with a mission to help hospitality operators understand their guests and grow their business, enabling a more sustainable future." - Joel Montaniel
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