French startup Taster has raised a $37 million Collection B funding spherical from Octopus Enterprise, Battery Ventures, LocalGlobe, HeartCore, Rakuten, GFC and Founders Future. The corporate operates dozens of eating places that solely exist on meals supply platforms. You possibly can’t guide a desk as there isn’t a desk.
Taster has been specializing in 5 avenue food-inspired ideas up to now — Bian Dang (Taiwanese meals), A Burgers (plant-based burgers), Mission Saigon (Vietnamese meals), Out Fry (Korean meals) and Stacksando (Japanese avenue meals). After that, Taster has opened dozens of kitchens throughout 40 totally different cities and listed its kitchens on meals supply platforms, resembling Deliveroo and Uber Eats.
Primarily, the startup needs to construct new restaurant chains for the twenty first century. As an alternative of opening brick-and-mortar eating places, Taster focuses on meals supply because it’s nonetheless a booming phase. In Paris, Taster eating places are the third restaurant group on Deliveroo behind McDonald’s and Burger King — it represents over 5,000 meals per day.
After working its personal kitchens, Taster now needs to companion with current eating places that don’t get numerous orders on Deliveroo or Uber Eats. Taster brings its personal native manufacturers and menus in addition to its tech instruments.
Taster has constructed its personal supply app for Android and iOS. However you’ll be able to nonetheless discover Taster’s eating places on third-party platforms. The startup doesn’t need to reinvent the wheel and change meals ordering platforms. Nevertheless it is smart to supply its service to finish prospects straight.
As Taster manufacturers change into increasingly more acquainted, it ought to create demand from day one — eating places can count on between €4,000 and €6,000 in income in the course of the first week. By 2025, Taster needs to function in 1,000 cities due to this partnership mannequin.