The Venture Codex

Led · Equity · Feb 2020

Catevering operates a foodtech marketplace where corporate customers can acquire, choose and reserve catering for office events, aggregating a network of more than 60 caterers. Founded by Laura Gómez and Gonzalo Mesorio, the company has consolidated presence across the five main cities of Spain. It reported total revenue of €1M in 2019 and counts customers such as Amazon, H&M, Cabify, Airbnb and Criteo. Catevering has closed a €500,000 venture round in which Catery.ru joined as a new industrial partner; proceeds will be used to recruit senior talent. The company has added two directors (Operations and Sales) to help automate processes and scale the model. Management plans to consolidate Catevering as a reference player in Spain and pursue international expansion amid sector consolidation and interest from international players. Catevering is a Spanish foodtech marketplace that enables companies to compare, personalize and book catering services online for workplace meetings and events. Founded in May 2018 within the Denim Startups Barcelona incubator, the platform onboarded a network of more than 74 caterers across Spain in under a year. The company reports €500,000 in revenue after serving over 300 clients and managing meals for more than 55,000 people, and it has grown roughly 20% month-over-month in recent months. Catevering launched operations in Madrid and currently has a team of 11 professionals. The startup plans to use the funds from its second financing round to consolidate expansion into Spanish cities such as Valencia, Sevilla and Málaga, to enter Portugal and to target short-term expansion into Latin America; the article also notes ambitions to enter Italy. Notable customers mentioned include Amazon, H&M, Airbnb, Criterio and Pepe Jeans. Catevering operates an online foodtech platform that aggregates a network of more than 60 caterers to let companies acquire, choose and reserve catering for office events. The company was founded by Laura Gómez and Gonzalo Mesorio and has clients including Amazon, H&M, Cabify, Airbnb and Criteo. Catevering reported €200,000 in revenue after serving more than 120 corporate clients and managing dishes for almost 20,000 people in Barcelona offices. The service launched operations in Madrid and is positioned to expand geographically. Management set explicit expansion targets: roll out to Valencia, Bilbao, Málaga and Sevilla in 2019; to Portugal and Italy in 2020; and to Latin America in 2021.