Lunchclub
| Company type | Private |
|---|---|
| Industry | Social networking service, Technology |
| Founded | November 2017 |
| Founder | Elliot Technologies, Inc. |
| Headquarters | United States |
Area served | Worldwide |
| Products | AI-powered social networking platform, mobile app, web service |
| Owner | Elliot Technologies, Inc. |
| Website | lunchclub |
Lunchclub is a U.S.-based social platform that utilizes artificial intelligence and machine learning technologies to facilitate connections between users who share similar interests and objectives. The service operates entirely online without a physical office, accessible through both a mobile app and web browser.
History
Established in November 2017, Lunchclub is managed by Elliot Technologies, Inc. The platform initially debuted in select cities across the United States and United Kingdom, later expanding its reach internationally by 2021. To support its mission of fostering professional in-person meetings, the company raised $4 million in seed capital from a16z. In 2020, Lunchclub secured $24 million during a series A round led by Coatue and Lightspeed Venture Partners, which elevated its valuation beyond $100 million. Prominent backers include Michael Ovitz, Max Levchin, Adam D'Angelo, Vlad Tenev, and Ruchi Sanghvi.
Amid the challenges posed by the COVID-19 pandemic, Lunchclub incorporated video conferencing capabilities in March 2020, improving its AI-powered networking features.
Features
The platform employs artificial intelligence and machine learning to pair professionals based on shared interests, values, and ambitions. Users indicate areas such as career advancement, funding opportunities, partnerships, and innovative business ideas. Utilizing this information alongside public data sources, Lunchclub constructs user profiles and matches individuals whose goals align closely.