FoodTech startup Feast It has secured £680,000 to expand nationwide and to broaden its supply base beyond food and drink.
Since it was founded in 2016 by Digby Vollrath and Hugo Campbell, Feast It has raised a total of £1m. The company works with over 300 caterers including Patty & Bun, Hummus Bros, Grind, Hola Guacamole and The Prosecco Van.
All of these caterers are accessible on an online platform, allowing users to find ideal catering for wedding, party or corporate events.
Feast It can offer recommendations for consumers’ ideal street food traders and pop-up bars.
Vollrath said the catering industry was ripe for investment: “There are over 7,000 companies offering catering in the UK and with so much choice and noise in the industry, there is a clear need for a platform to make people’s lives easier.
“Feast It hand picks the best possible suppliers, big or small, with the simple aim of taking the hassle out of organising events. We’ve done everything from a 20 person dinner party to a 40,000 person festival so far!”
The company claims to have grown by 400% in just 12 months, and says it offers the largest ‘direct to book’ collection of independent catering suppliers. It aims to serve over 3,000,000 portions of food in 2018 and increase its vendor numbers by 233%.
Co-Founder Hugo Campbell added: ‘From my perspective, the most satisfying part of Feast It has been the feedback we’ve received from event organisers, from those organising their 100th corporate event to first time brides organising small weddings, saying that we’ve allowed them to relax in the build up to the event.
“Event organising can be hugely stressful, so if we’re helping people on that front, while bringing great food at the same time, job done!”
With this investment, Feast It also hopes to open in Ireland and venture further internationally.
Check out our UK tech investment tracker for the latest industry news.