The story
Co-founders Shane Lake and Tony Charles founded Hungryhouse in 2003, launching the online platform in 2006. The co-founders appeared on BBC One's investment show Dragons' Den in 2007, with an offer of £100,000 investment coming from James Caan and Duncan Bannatyne.
The investment deal with the Dragons later collapsed, with a £150,000 investment coming from alternative business angels. The initial round of funding was used to expand the business, increasing Hungryhouse's restaurant partners from 150 in 2007 to 2,500 in September 2010.
In February 2013, it was announced that Hungryhouse was to be bought by the Berlin-based food ordering giant Delivery Hero, operating in 16 countries with a total of 60,000 restaurant partners.
In December 2016, Just Eat announced that it was acquiring Hungryhouse from Delivery Hero for £200 million (with the possibility of a further £40 million if the company hits performance targets), subject to regulatory approval. In May 2017, the proposed acquisition was referred to an in-depth phase 2 investigation by the Competition and Markets Authority (CMA). On 12 October 2017, CMA gave a preliminary approval for Just Eat to acquire its smaller rival.
In April 2018, Hungry House announced it would cease trading on 22 May 2018 and merge with Just Eat.
From Wikipedia’s article on Hungryhouse, shared under CC BY-SA 4.0.4