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.
Moneybox smashes its investment target with over 15,000 people investing £6.25million in 72 hours in its Crowdcube campaign.
Applications from startups with positive social impact at their core sought by for Crowdcube and Virgin StartUp for Collective Impact, their investment-readiness accelerator.
Business owners are currently facing similar challenges in all sectors. These basic tips aim to help address those issues.
Kickstart Innovation, one of Europe’s leading innovation platforms, has announced applications are now open for the 2022 program.
The lowdown on Kuberno and its innovative tech solution to help companies navigate through governance and compliance requirements.
Virtually Visiting is an online platform enabling users to experience their dream destination from the comfort of their own home via immersive 360 video tours.
Next gen mobility beyond the big cities - RideTandem is a startup aiming to turn local transport providers into smart shuttles for work, education and more.
.png)
If you like haggling, you'll like this - London-based startup Nibble has created an AI-powered eCommerce chatbot to enable customers to negotiate a personalised price.
A tidal wave of resignations and increased interest in angel investment; Oliver Woolley, CEO of Envestors shares some insights on why these trends are connected.
Deeptech startup SLAMcore secures major investment to boost the performance and reach of their pioneering spatial mapping 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.
- Global Innovation Platform Kickstart Launches New Application Round For Startups 9th May 2022 Kickstart Innovation, one of Europe’s leading innovation platforms, has announced applications are now open for the 2022 program.
- SLAMcore Raises $16 Million To Deliver Low-Cost, Spatial Understanding To Real-Life Robots 3rd May 2022 Deeptech startup SLAMcore secures major investment to boost the performance and reach of their pioneering spatial mapping technology.
- Ulster Bank Brings Pitching Competition to International Disability Summit 3rd May 2022 Ulster Bank seeking entrepreneurs to enter the elevator pitch competition at the Harkin International Disability Employment Summit.
- Oneday secures major investment to support aspiring entrepreneurs 27th Apr 2022 Oneday, the platform that helps entrepreneurs turn their passion into business secures £2.5M seed funding to accelerate product innovation and scale up growth.
