Matt Maloney Net Worth (Updated 2026).
Matt Maloney, a name now synonymous with Grubhub, didn’t start his career in the food delivery business. Instead, he kicked off his professional journey in the late 1990s as a software engineer, honing his skills at companies like IBM and Motorola. It was during this time that he developed a knack for creating user-friendly software, a skill that would later prove invaluable.
In 2004, Maloney, along with his co-founder Mike Evans, spotted a gap in the market. They noticed the inconvenience of ordering food over the phone and saw an opportunity to streamline the process using technology. This insight led to the birth of Grubhub, initially known as “Chicago Grub.” The company started as a simple online platform that allowed users to order food from local restaurants, marking the beginning of Maloney’s journey towards fame in the tech and food industry.
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Matt Maloney’s Current Net Worth
As of 2025, Matt Maloney’s current net worth is estimated to be around $1.5 billion. This significant wealth is primarily attributed to his successful career as a co-founder and former CEO of Grubhub, a leading online food ordering and delivery platform.
Career
Matt Maloney co-founded Grubhub in 2004, serving as its CEO until 2015. Under his leadership, the company grew from a small startup to a publicly traded corporation with a market capitalization of over $3 billion. In 2015, he stepped down as CEO but remained on the board of directors until 2018.
Other Ventures
After leaving Grubhub, Maloney has been involved in various other ventures. He co-founded and served as the CEO of a food tech startup called Tock, which focuses on restaurant management and reservation software. In 2021, Tock was acquired by Chase, marking another successful entrepreneurial endeavor for Maloney.
Assets
Matt Maloney’s assets include a significant stake in Grubhub, which he sold a portion of in 2014 for around $100 million. He also owns equity in Tock and other startups. Additionally, he holds real estate investments, including properties in Chicago and other major cities.
Annual Income
Matt Maloney’s annual income is not publicly disclosed. However, as a co-founder and former CEO of Grubhub, he likely received substantial compensation during his tenure. His income from other ventures, such as Tock, is also not publicly available. His wealth primarily comes from his equity stakes in these companies and their growth over time.
Frequently Asked Questions about Matt Maloney
Frequently Asked Questions: Matt Maloney Net Worth
1. What is Matt Maloney’s net worth?
Matt Maloney’s net worth is estimated to be around $500 million.
2. How did Matt Maloney make his money?
Matt Maloney co-founded Grubhub, a popular online food delivery company, in 2004. He served as the CEO until 2013 and remained on the board of directors until 2015. He also has investments in various other startups.
3. What is Matt Maloney’s role in Grubhub?
Matt Maloney co-founded Grubhub and served as its CEO from 2004 to 2013. He was also a member of the board of directors until 2015.
4. When was Grubhub founded?
Grubhub was founded in 2004.
5. Who are the other co-founders of Grubhub?
The other co-founder of Grubhub is Mike Evans.
6. What happened to Matt Maloney after he left Grubhub?
After leaving Grubhub, Matt Maloney has been involved in various investments and philanthropic efforts. He also co-founded a venture capital firm called O’Hare Ventures.
7. What is O’Hare Ventures?
O’Hare Ventures is a venture capital firm co-founded by Matt Maloney in 2016. It focuses on investing in early-stage technology companies.
8. Is Matt Maloney active on social media?
Yes, Matt Maloney is active on Twitter. You can follow him at @mattmaloney.
9. What is Matt Maloney’s education background?
Matt Maloney graduated from the University of Illinois at Urbana-Champaign with a degree in computer science.
10. What is Matt Maloney’s philanthropic work?
Matt Maloney is involved in various philanthropic efforts, including supporting education, healthcare, and poverty alleviation initiatives. He has also donated to political campaigns and causes.
