London-based City Pantry has raised £1.1m in new funding from existing investors including the Angel CoFund, The London CoInvestment Fund.
The firm, which delivers meals to offices in London, claims to serve the likes of Facebook and Deloitte.
Stuart Sunderland, founder of City Pantry, commented on the raise: “Our mission is to help the world’s best companies work better by eating together. We’re delighted to have secured this funding, which we’ll use to build on our offer in London, invest in sales, marketing and engineering, and target new cities both in the UK and across Europe.”
He continued: “For many people, especially amongst our own customers and vendors, their work is changing the world and we’re proud to be part of helping them succeed.We believe that good food makes a great company. Sharing a meal creates an environment where better communication, productivity and health are nourished.”
Tim Mills, investment Director at the Angel CoFund, commented: “The food delivery market is an exciting space that has already spawned a number of high growth businesses in London.
“What is really compelling about City Pantry is the B2B nature of its model, which gives corporate customers access to exciting and differentiated menus for the first time and affords the team a more stable order cycle, building a good foundation from which to scale the business,” he added.
The round also drew support from various angel investors.