9 years ago
City Pantry Secures £1.1 Million to Expand Office Catering Marketplace
City Pantry, a London-based startup that operates an office catering platform, has raised £1.1 million in new funding
The investment comes from Angel Co Fund, The London Co Investment fund, and various angels and existing investors
City Pantry will use the funds to consolidate its position in London and expand to other cities in the UK and Europe
It will also invest in sales, marketing and engineering
The startup's founder and CEO, Stuart Sunderland, says that competitors to City Pantry include traditional corporate caterers, sandwich retailers, pizza delivery places, and restaurant delivery companies such as Deliveroo and Uber's UberEATs
City Pantry currently offers two products: a simple per event ordering system for one-off catering, and a meal plan subscription service for office managers
The food itself is prepared by the catering companies that City Pantry partners with, including independent chefs, restaurants, and street-food vendors, while the startup itself organises delivery
Sunderland says that the average group size City Pantry is asked to cater for is 34 people.
ProblemTechnology
"Ordering food for office meetings, events and staff can be time consuming and difficult for office managers."
Solution
"City Pantry is a platform that makes it easy for office managers to order food from a variety of caterers, including independent chefs, restaurants and street-food vendors. They offer a simple per event ordering system for one-off catering and a 'meal plan' subscription service for regular staff meetings and company events."