INSUBCONTINENT EXCLUSIVE:
If you&re an Instagram user, chances are you&ve encountered a ton of ads for companies trying to sell products directly to consumers, using
social networks as storefronts paired with online stores
French startup Taster is doing the same thing with restaurants built specifically for food delivery startups.
The startup raised an $8
million funding round from Battery Ventures, with existing investors Heartcore Capital, LocalGlobe, GFC and Marc Ménasé investing
again.
Taster is creating native brands for Deliveroo, UberEats or Glovo in Europe
The company has launched three different brands — Mission Saigon, O Ke Kai and Out-Fry
These restaurants don&t have any tables, they&re basically kitchens for food delivery
They even have multiple addresses in the same city.
So far, the startup has delivered 400,000 meals in Paris, London and Madrid
And Taster now tries to predict trends to order just the right amount of food for a specific day
There are 115 full-time employees working for the company, including 100 people in the kitchens.
With today funding round, the company plans
to launch three new brands and open more kitchens
In order to scale more rapidly, the company doesn&t handle real estate itself
Taster now relies on third-party companies, such as Travis Kalanick CloudKitchens.
By focusing as much as possible on creating brands and
cooking food, Taster can quickly scale and compete aggressively with more traditional restaurants.
The company doesn&t have to manage
deliveries, which is an advantage over full-stack startups like Frichti
And unlike traditional restaurants, Taster doesn&t have to rent expensive locations and hire waiters.
