A well-fed workforce is a contented workforce — Metropolis Pantry raises £4M for its catering market – TechCrunch
Metropolis Pantry, the workplace catering market to make it straightforward to order in meals for workers, firm occasions and conferences, has restocked its funding.
The London-based startup has raised a brand new £four million spherical led by Octopus Investments with participation from current traders and Newable Non-public Investing — capital it plans to make use of to increase into extra cities throughout the U.Ok. over the following 18 months.
Based by Stuart Sunderland in 2013, Metropolis Pantry got down to enhance the catering choices open to corporations in London. Its market connects native caterers to companies who want high quality meals delivered to their places of work or to cowl occasions, assembly and common staff meals.
When the startup first launched, Sunderland seen its principal rivals as conventional company caterers, sandwich retailers, pizza supply locations, and to a lesser extent, the newer breed of restaurant supply corporations similar to Deliveroo and Uber’s UberEATs.
“While we’ve all seen the phenomenal growth of online food delivery in B2C over the past few years, food to businesses lags significantly behind,” he says, noting that legacy relationships with caterers and “the unique pressures of ordering for larger groups make innovation and progress slower”.
Metropolis Pantry claims to now serve over 20,000 meals per week to the staff of greater than 500 corporations, together with Google, Amazon, PayPal, Slack, Spotify and Unilever. has on-boarded 300 in style London eating places and caterers.
This, says Sunderland, is proof that Metropolis Pantry is efficiently bridging the hole between the kind of meals choices shoppers have turn into accustomed to and what’s historically obtainable on this planet of company catering.
Extra broadly, he says the corporate is tapping right into a rising demand from staff for “greater workplace wellbeing”. This in flip is seeing employers wanting to supply greater than only a good wage.
Grant Paul-Florence, Head of Intermediate Capital at Octopus Investments, echoes this sentiment, arguing that Metropolis Pantry is “uniquely positioned to fulfill the rising urge for food for top of the range, hassle-free office meals, which organisations are more and more demanding as they work to construct a lovely firm
In the meantime, I’m informed the startup has made a few important hires within the final 12 months: Kate Miller (beforehand McKinsey, Google, and HelloFresh) has joined as CCO, and Sharon Lee (beforehand DHL, Elster Group, SushiDaily) has joined as COO.