Street-food trader booking platform, Feast It, has secured a further £680,000 investment which it aims to use for national expansion. Latest investors include Browns restaurants founder Jeremy Mogford and former ARM Holdings CFO and British Land director Tim Score.
In the last one year, Feast It has grown around 400 per cent and secured a total of £1m investment over the past 12 months.
The Feast It platform allows customers to choose from, and book 300 independent caterers of the kind that might usually be seen at street markets and food truck pop-ups.
Aiming to serve over 3,000,000 portions of food in 2018, Feast It claims to provides hassle-free, customisable event catering — from a 20 person dinner party to 40,000 people festivals.
It says it will use the cash to fuel its expansion across the UK and broaden its offerings “beyond food and drink”.
Co-founder Digby Vollrath said: ‘It’s not surprising we’ve seen an explosion in consumer demand for the very best suppliers. The UK events industry was worth over £42.3bn in 2017, with catering alone valued over £1.5bn. Match this with an ever-increasing appetite for exciting and quality food at any event.
‘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!”
Digby’s fellow co-founder Hugo Campbell adds: ‘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!”
Feast It says it has worked in collaboration with the likes of Disney, Amazon and Soho House since its launch in early 2017.Tags: booking platform Digby Vollrath Feast It Hugo Campbell street food