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Research Outline
Prepared for Caitlin | Delivered March 31, 2020
Institutionalizing Supply Chains and Product Sourcing: List of Companies
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Goals
To identify companies that are institutionalizing supply chains and product sourcing for high-frequency. This will help in composing a sourcing list for potential investments.
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Early Findings
Freshket
A website link to Freshket is provided
herein
.
Freshket is a web-based platform
designed to link restaurants and suppliers
of fresh produce in a consolidated marketplace.
The company's workflow-integrated marketplace enables suppliers and restaurants to find each other and transact fresh ingredients efficiently through its
order management system
.
The company was founded in
August 2016
by Ponglada Paniangwet.
Its headquarters is located at
126/35 Park Avenue, Ekkamai Rd
, Khlong Tan Nuea, Watthana, Bangkok.
According to the company's profile on
Crunchbase
and
Index
, Fresgket had raised a
single round of seed funding
from
500 TukTuks on Feb 12, 2017
.
Although the funding amount was undisclosed, trusted news sources such as
Yahoo News
and
Marketplace Media
revealed that the funding amount was a
six-digit figure in U.
S
dollars
, which is less than $25 million.
Improvonia (Bluecart)
A website link to Improvonia is provided
herein
.
The
Improvonia app and website
are "designed to help save both restaurants and vendors time and money, without sacrificing the relationships that keep the industry running."
The platform has connected more than
53,000 buyers
who have spent over
$144 million
purchasing goods.
T
h
e
platform was launched in
2010
. Its headquarters is located at
1210 18th St., Washington, DC
, United States.
The company has raised
$22 million
in
3 funding rounds
.
It raised a Series A funding worth
$4 million in July 2015
and a Series B funding of
$10 million in June 2017
.
In
May 2018
, the company raised a Series B1 funding of $8 million, bringing its total funding of
$22 million
.
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