DoorDash is shelling out $1.2 billion to acquire SevenRooms, a major hospitality tech player serving over 13,000 venues globally. The all-cash deal, expected to close in 2025, marks DoorDash’s dramatic evolution beyond just food delivery. Following its $3.9 billion Deliveroo purchase, the company is positioning itself as the tech backbone for restaurants worldwide. With SevenRooms’ reservation and revenue tools in its arsenal, DoorDash’s transformation into a local commerce powerhouse is just beginning.
Expanding its reach far beyond food delivery, DoorDash announced plans to acquire hospitality tech company SevenRooms for a whopping $1.2 billion in cash.
The deal, expected to close in the second half of 2025, marks DoorDash’s transformation from a simple food delivery app to a full-stack local commerce powerhouse.
SevenRooms isn’t just another tech startup.
Founded in 2011 by Joel Montaniel, Allison Page, and Kinesh Patel, this New York City-based company has become a global leader in hospitality technology.
With over 13,000 restaurants, hotels, and venues under its belt – including heavy hitters like Nobu and Marriott International – SevenRooms has proven it can play in the big leagues.
The acquisition offers a 29% premium to existing shareholders.
The acquisition is DoorDash’s way of saying, “We’re not just about bringing takeout to your doorstep anymore.”
DoorDash is evolving beyond simple food delivery into a comprehensive tech platform reshaping the entire hospitality landscape.
By combining SevenRooms’ reservation systems, waitlist management, and revenue optimization tools with its existing platform, DoorDash is positioning itself to dominate both delivery and in-restaurant dining technology.
The news caused DoorDash shares to experience a 5.43% pre-market decline.
Like all stock market dynamics, the price movement reflects investors’ immediate reaction to the announcement.
This move comes hot on the heels of DoorDash’s $3.9 billion Deliveroo acquisition, and the numbers are getting seriously impressive.
Post-acquisitions, DoorDash will operate in 40 countries with more than 50 million monthly active users.
Last year alone, DoorDash and Deliveroo’s combined services generated about $90 billion in gross order value.
Not too shabby for a company that started by delivering burritos to college students.
The global hospitality tech market is projected to hit $150 billion by 2030, and DoorDash clearly wants a bigger piece of that pie.
With SevenRooms’ industry-leading CRM and operational tools in its arsenal, DoorDash can now help restaurants track and influence customer behavior across all touchpoints – from delivery apps to fine dining experiences.
For local businesses, this means more tools to bring guests through the door, build direct relationships, and boost profitability.
It’s a bold bet that might just transform DoorDash from a delivery company into the technology backbone of the entire hospitality industry.
