CaterWings Raises $6.7 Million For Expansion in Europe
Funds for Expansion
Alexander Brunst and Sebastian Kloss, co-founders of CaterWings have just raised $6.7 millions, thanks to Holtzbrinck Ventures, Tengelmann Ventures, and Rocket Internet, for expanding their European operations.
CaterWings is a startup, an online catering service giving its customers a new experience in B2B catering. Because ordering large meals over the phone was cumbersome, the co-founders came up with the idea of CaterWings that enables its customers to order online from a rich and healthy menu and that too with just a click of a button.
Making Its Presence Felt
CaterWings, which already has its presence in Berlin, Hamburg, London, and Munich, has just launched its services in Amsterdam. It now intends to use this funding to spread out into other European cities.
How It Is Planning To Do So?
The startup uses a metrics system along with some questionnaires to test the viability in any given city. If the results point towards a sustainable business, they start meeting with potential investors. Then comes the cooks who can come onboard and handle the supply side.
Quality Over Quantity
The way CaterWings does its business is by always paying attention to its quality. They have about 100 caterers in London and around 50 in Berlin on the payroll. It also plans on further improving the customers’ online experience. One can enjoy flexible payment options and compare special offers from the cooks in the area. Now, people don’t need to sift through endless menus and waste time on long calls.
CaterWings is constantly working towards revamping the entire food catering market by ushering in the digital platform. The co-founders are confident of scaling even greater heights in the coming years.
- CaterWings has just raised $6.7 millions to expand further in Europe.
- It is already present in Berlin, Hamburg, London, and Munich, and launched in Amsterdam recently.
- CaterWings makes placing B2B catering orders very simple with their online platform, flexible payment methods and special offers.