Claim (Acquired by GrubHub)
+34%
est. 2Y upside i
Claim is a viral social shopping platform built to help brands acquire and retain loyal customers. Combining real-time purchase data and cash-back rewards (Claims), our AI-powered algorithm drives. Gen Z to their new favorite restaurants, coffee shops, and brands - delivering high-value, repeat customers.
Rank
#1266
Sector
Marketing Technology, Fintech
Est. Liquidity
~1Y
Data Quality
Data: MediumThe acquisition by GrubHub (Wonder) in January 2026 provides a clear exit and reduces equity risk.
Last updated: July 19, 2026
Acquisition by GrubHub provides liquidity and validates business model; if public markets assign 10x multiple on $15.9M revenue, exit value ~$159M, netting ~136% upside after 20% dilution.
Multiple converges to 5x, exit value ~$79.5M, modest upside of 8% after dilution, aided by steady but moderate growth.
Multiple contracts to 3x due to competitive pressure, exit value ~$47.7M, below current valuation, resulting in -43% net of dilution; preference stack protects limited downside.
Preference Stack Risk
highFunding Intensity
233%Total funding of $20M vs $62M valuation gives a 32% preference overhang, indicating high risk for common stock if exit is below $20M.
Dilution Risk
moderateWith $8.6M ARR and Series A $12M raised in Oct 2024, a follow-on round before an exit was likely, but acquisition negates further dilution.
Secondary Liquidity
noneNo secondary market transactions known; liquidity only through acquisition.
Questions to Ask at the Interview
Strategic questions based on Claim (Acquired by GrubHub)'s data — designed to show you've done your homework.
- 1
“How will GrubHub integrate Claim's technology into its own platform, and what does that mean for the existing customer base?”
- 2
“What are the unit economics of Claim's pay-per-acquisition model, and how do they compare to GrubHub's core delivery business?”
- 3
“With the acquisition complete, what is the structure of the equity grant you're receiving, and what is GrubHub's current valuation and liquidity outlook?”
Community
Valuation Sentiment
Our model estimates +34% upside. What do you think?
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Disclaimer: This analysis is AI-generated and does not constitute financial or career advice. Always conduct your own due diligence.