Block acquires Caviar

Block acquired Caviar, a transaction announced in August 2014.

Caviar operates in Square (Seller / Food delivery), is based in United States. Square acquired Caviar, a fast-growing food-delivery company that lets customers order delivery from top-rated local restaurants that do not otherwise offer delivery. For restaurants, Caviar served as an affordable alternative to an in-house delivery operation and drove incremental revenue. At the time of the deal Caviar operated across markets including San Francisco, Boston, Chicago, New York, Seattle, Los Angeles, and Washington D.C.

Caviar's curated, seamless delivery experience deepened Square's commitment to giving independent sellers services that help them grow, letting restaurants reach new customers and simplify operations at Square's national scale.

Advisory firms were not disclosed for this transaction.

You're subscribed.

Thanks for signing up.