Startup of the Week - COLLECTIVfood
by Startacus Admin
Like many industries, the food sector has generally always relied very much on the middleman - typically the wholesalers who form the link between retailers and buyers. Whilst this traditional supply chain has served the industry well to date, a little innovation would surely be welcomed, especially when it benefits both restaurateurs and food producers alike.
This in essence is at the very core of our latest startup of the week.
COLLECTIVfood is an online procurement platform where restaurants can connect directly with independent food and drink producers.
If you’re a restaurateur, there’s no need to liaise with wholesalers and hope that the products you require are either in stock or of the required standard when they eventually reach you - you can link directly with the food producer.
All the food producers featured on the platform are either independently owned, and produce, grow or rear their own products or alternatively add some additional value to products made by other independent producers or fisheries.
Either way, the quality of the produce is paramount and must meet all required standards before it is listed on the site.
By sourcing their ingredients from COLLECTIVfood, restaurateurs then can be confident that they
are ensuring that their customers receive the best produce available. Also, since the platform enables restaurateurs to compare product prices and track and manage stock orders and invoices, it also helps them become more productive and profitable. Music to the ears of any business person!
Of course it is not just the restaurateurs who benefit from this innovative platform. For food producers, the platform provides an excellent way of enabling them to reach an entirely new customer base and thereby generate revenue and grow their businesses.
We love the fact that COLLECTIVfood is disrupting a traditional business function in such a huge industry and also that the impact of that disruption is so positive for all concerned. Everyone benefits - the food producers, the restaurateurs and also the customers.
It may still be relatively early days for this startup but we reckon it is certainly one to watch…
Subscribe to our newsletter
If you would like to receive our startup themed newsletter, full of the latest startup opportunities, events, news, stories, tips and advice, then sign up here.
The lowdown on Manchester-based startup Sticky and its innovative no-code solution to help businesses turn any physical space into an engagement opportunity.
Tobin Capital continues to expand its portfolio by investing in pop-up marketplace Sook, the startup on a mission to revolutionise the high street.
Sodexo and L Marks open call for applications from innovative startups and scaleups to join their inaugural Sodexo Healthcare and Seniors Accelerator.
The group payments solution that's better for businesses and customers alike, thanks to innovative fintech startup Hands In.
The lowdown on FuturePlus, the startup that's on a mission to make sustainability accessible, achievable and affordable for all businesses.
.jpg)
John McLachlan, author and co-founder of Monkey Puzzle Training & Consultancy examines the differences between action-oriented and reflective leaders and which approach is best.
The fitness app that's not just about physical fitness; GoJoe helps employers to engage, motivate and connect their people across all pillars of wellbeing.
Now in its fifth year, North West England water firm United Utilities opens call for Innovation Lab, its pioneering ideas incubation programme.
Not-for-profit OneTech has spunout from Capital Enterprise to expand its offering and continue its mission of creating a more equitable, diverse and supported startup ecosystem.
London-based startup Deep Render tackles the internet’s data and bandwidth challenges via its innovative AI-powered file compression technology.
Published on: 21st February 2018
If you would like to enable commenting via your Startacus account, please enable Disqus functionality in your Account Settings.
- Startup Sook Receives Investment from Tobin Capital 24th May 2023 Tobin Capital continues to expand its portfolio by investing in pop-up marketplace Sook, the startup on a mission to revolutionise the high street.
- L Marks Seeking Startups and Scaleups for Sodexo Healthcare and Seniors Accelerator 23rd May 2023 Sodexo and L Marks open call for applications from innovative startups and scaleups to join their inaugural Sodexo Healthcare and Seniors Accelerator.
- United Utilities Innovation Lab launches call-out for innovative ideas for fifth programme 18th May 2023 Now in its fifth year, North West England water firm United Utilities opens call for Innovation Lab, its pioneering ideas incubation programme.
- OneTech Spins Out from Capital Enterprise to Support Underserved Communities in Tech Across the UK 18th May 2023 Not-for-profit OneTech has spunout from Capital Enterprise to expand its offering and continue its mission of creating a more equitable, diverse and supported startup ecosystem.
