Lunchclub recently raised $24.2 million at a valuation above $100 million in a round led by Coatue and Lightspeed Venture Partners.
The app follows in the footsteps of others that aimed to be dating app-like marketplaces for growing out your professional network via 1:1 lunch and coffee meetings. Lunchclub is more focused on setting up a handful of meetings for users that have a specific goal in mind. Lunchclub is aiming to be your warm intro and connect you with other users via email that can assist you in your professional goals.
Usage of the Lunchclub service for introducing professionals has risen tenfold since the coronavirus pandemic caused the start-up to switch from setting up in-person meetings to arranging video calls.