DoorDash to Acquire SevenRooms, Expanding Its Commerce Platform Capabilities

The world’s top local commerce platform, DoorDash (NASDAQ: DASH), announced today that it has signed a deal to acquire SevenRooms, a software company based in New York City and a global leader in hospitality technology. With this move, DoorDash’s Commerce Platform capabilities have been significantly expanded, giving retailers all around the world new tools to boost in-store and delivery sales, improve customer satisfaction, and boost profitability. The transaction is expected to close in the second half of 2025, pending regulatory approvals and standard closing conditions.

On Tuesday, Doordash revealed first-quarter revenue that fell short of projections and announced the $1.2 billion acquisition of restaurant booking platform SevenRooms.

The second half of 2025 will see the completion of Doordash’s all-cash acquisition of SevenRooms, a data platform based in New York City that helps hotels and restaurants manage booking information.

On Tuesday, the British food delivery firm Deliveroo announced that it had accepted a $3.9 billion buyout bid from Doordash.

In a statement, Doordash stated, “We believe both SevenRooms and Deliveroo will expand our ability to build world class services that increase our potential to grow local commerce and support our financial goals.”

Revenue in the first quarter was $3.03 billion, up 21% over the previous year.

For the quarter, Doordash stated 732 million orders, an 18% increase over the same period last year. According to a StreetAccount survey, analysts anticipated 732.7 million.

Adjusted earnings before interest, taxes, depreciation, and amortization are expected to reach $600 million to $650 million in the second quarter, according to the company. $639 million was the forecast of analysts surveyed by StreetAccount.

The company stated, “So far in 2025, consumer demand on our marketplaces has remained strong, with engagement across different consumer cohorts and types that we believe is consistent with typical seasonal patterns.”

For the first quarter of 2025, Doordash recorded a net income of $193 million, or 44 cents per share. In the same period last year, the company’s net loss was $23 million, or 6 cents per share.

With reference to “accelerating average spend per grocery consumer and increasing average spend on perishables,” Doordash reported growth in the grocery delivery sector.

The company stated that a greater global presence exposes it to “geopolitical and currency risks,” but it did not cite tariffs as an issue in the financial outlook.

“We’re enhancing the DoorDash Commerce Platform to help merchants serve their customers across all channels,” said Parisa Sadrzadeh, Vice President, Strategy and Operations at DoorDash. “With SevenRooms, we’re excited to give local businesses around the globe new ways to bring more guests in the door, build and grow direct relationships with their customers, access best-in-class CRM, and drive profitability through smarter marketing.”

Established in 2011 by Joel Montaniel, Allison Page, and Kinesh Patel, SevenRooms offers top-notch marketing, operations, and guest experience tools that are intricately linked with its market-leading CRM to assist restaurants, hotels, and other hospitality businesses in strengthening customer relationships, streamlining processes, and increasing revenue. When SevenRooms’s in-store capabilities are combined with DoorDash’s scale, reach, and track record of digital innovation, merchants will be better equipped to generate growth across both first-party and third-party channels.

“We founded SevenRooms with a mission to help hospitality operators understand their guests and grow their business, enabling a more sustainable future,” said Joel Montaniel, Co-Founder and CEO of SevenRooms. “We believe restaurants are the fabric of local communities, and through every table touch, welcome back and raised glass, our focus has always been on helping them grow while making their guests feel at home. With an operator-first mentality at our core, we’re excited to embark on this next chapter with DoorDash – delivering greater innovation, a direct channel to a network of millions of DoorDash consumers, more personalized guest relationships and elevated experiences that transform first-time diners into loyal regulars. Together, we’re equipping restaurants with the tools to own the guest experience, grow their customer base, and thrive in an omnichannel world – inside and outside of the merchant’s four walls.”

SevenRooms will have greater access to resources and a global presence as a result of joining DoorDash, which will speed up its innovation roadmap and enable more value for more merchants. DoorDash and SevenRooms will work together to maintain an ecosystem that is open and welcoming to partners.

The deal is in line with DoorDash’s overarching goal of supporting small businesses and creating closer ties between customers and the establishments they enjoy, whether they are ordering in, going out, or interacting with a merchant online.

On this transaction, SevenRooms had Goodwin Procter LLP as its legal advisor and William Blair as its exclusive financial advisor.  A&O Shearman served as legal advisor to DoorDash.

DoorDash Remains the Leader in Same-Day Delivery

732 million client orders were placed on DoorDash in the first quarter of 2025, an 18% increase over the same period the previous year. Revenue increased by 21% to $3.03 billion. In Q1 2024, the net income was $193 million, while the net loss was $23 million.

The demand for grocery delivery increased during the quarter. Both the average spend for perishable goods and the average spend per consumer increased, according to the company.

DoorDash estimates that the current quarter’s order value would be between $23.3 billion and $23.7 billion due to “consistent” engagement and robust customer demand. It is anticipated that net earnings will fall between $600 million and $650 million.

Additionally, DoorDash has ventured outside of the market for grocery and hot food delivery services.