GrubHub Seamless Inc. has reportedly made a confidential filing for an initial public offering, according to the Wall Street Journal.
The Journal reports that officials with the online restaurant menu and takeout-ordering service met with investment banks and could launch the IPO in the first half of the year, but it is not clear how much the sale would raise or value the company at.
Inc. Well reached out to GrubHub for comment, but the company said it could not confirm the details in the report.
“We don’t comment on speculation,” said Abby Hunt, a spokesperson for GrubHub.
Seamless North America and Chicago-based GrubHub, two major players in the online food-ordering sector, joined forces last May in a merger that was expected to reinforce GrubHub as a leader in business.
GrubHub's ordering services cover more than 28,000 restaurants in about 600 cities. Since its inception, the company, which also owns Allmenus.com, has received more than $84 million in funding.
GrubHub was founded in 2004 by CEO Matt Maloney, who later became the CEO of GrubHub Seamless Inc.