Lunch Partners
New York City, New York, United States
Overview
Lunch Partners is a group of business leaders that invests together in early-stage companies with passionate leaders. It supports its portfolio companies with unique expertise and strategic guidance. The firm reviews founder-led companies, at seed and early A rounds, across industries, with a bias towards passionate entrepreneurs who are supported by teams with substantial domain expertise. They look for products and services that demonstrate clear purpose, market demand, and massive potential. It prioritizes teams that leverage consumer intelligence and operational excellence to establish and grow a direct, one-to-one connection with consumers. In 2017, the New York, New York-based company was formed by a group of business leaders.
- Total investments
- 2
- Lead investments
- 0
- Investments · 12mo
- 0
- Active investors
- 8
Sector focus
- Venture Capital
Investment portfolio
- Qonsent
Participated · Seed · Dec 2021
Qonsent builds tools that enable consumers to manage and control their personal information as they interact with companies that want to use that data. The company offers both B2B services and consumer-facing solutions, including a Qonsent-in API embed creator, SmartQontract, near real-time ID validation and match linking, a resolution manager, and a Qonsent consumer wallet. Its platform provides consumers with insight into how brands collect, use, and store personal information based on clear value exchange. The solution also enables brands, advertisers, and publishers to retool their approach, build consumer trust, and improve customer experience. Qonsent’s distributed consent UI/UX products are designed to integrate into existing privacy enablement and marketing technology offerings. The company intends to use the funds to further develop and scale its data privacy and consent solution.
- MikMak
Participated · Series A · Aug 2020
MikMak provides e-commerce marketing, analytics, and retail insights that give traditional consumer brands real-time views of activity across online retailers such as Amazon, Target, and Walmart. Its platform helps brands like Colgate, Dreyer’s, and Hershey’s manage online retail strategies and capture sales intelligence. Founder and CEO Rachel Tipograph launched the company in 2014 as a “QVC for Snapchat,” and the business pivoted to its current model in 2017. MikMak has been cash flow positive since 2018 and reported that consumer demand during the pandemic boosted its revenue by 50% from March to the present. With roughly 60 employees today, the company plans to triple headcount by year-end while advancing its product roadmap, expanding its retail footprint, and offering services to international companies. Following increased VC attention during the global pandemic, MikMak is positioning to gain market share. MikMak creates and distributes short-form “mini-mercials” that let users shop directly through video content. The company launched in May 2015 and initially offered SMBs and retailers the ability to list products on the MikMak app while MikMak handled all production costs and took a small percentage of each sale. MikMak produces videos by hiring up-and-coming comedians and actors and operating a studio production-line that shoots back-to-back on multiple products. Its distribution network includes publishers such as BuzzFeed. MikMak plans to launch a SaaS product in the coming months to let retailers own customer data, integrate with preferred shopping carts, select SKUs for mini-mercials, and customize videos to their brand voice. Pricing for the SaaS product has not been disclosed.