CATERWINGS raises six million Euro investment

16 JUNE 2016, BERLIN
Summary
CATERWINGS (www.caterwings.com), the innovative online marketplace for catering services, has secured a six million Euro funding from an investor consortium lead by Holtzbrinck Ventures, Tengelmann Ventures and Rocket Internet. The funding will be used to stepchange CATERWINGS’ online presence, further enhance the customer service in the current markets (London, Berlin, Hamburg, Munich and Amsterdam) and enable a future expansion across Europe.

Berlin, 16th June 2016 - CATERWINGS (www.caterwings.com), the innovative online marketplace for catering services, has secured a six million Euro funding from an investor consortium lead by Holtzbrinck Ventures, Tengelmann Ventures and Rocket Internet. The funding will be used to stepchange CATERWINGS’ online presence, further enhance the customer service in the current markets (London, Berlin, Hamburg, Munich and Amsterdam) and enable a future expansion across Europe.

CATERWINGS is the next generation marketplace for catering services, tapping into a €36bn global market and capitalising on the global trends of employee wellbeing, order convenience and flexibility. The company has built a network of caterers to offer time-saving, high quality solutions for B2B catering needs. The company started in September 2015 in London and has since then expanded to Berlin, Munich and Hamburg as well as just recently Amsterdam.

CATERWINGS co-founder Sebastian Kloss states: “We are very grateful to see the trust into our business model by renowned investors as Holtzbrinck, Tengelmann and Rocket. The catering industry is experiencing a digital revolution. While only a short period of time ago, it was a pure pen and paper business, CATERWINGS offers now a convenient online solution. We believe that the times of tasteless sandwich platter are definitely over.”

The fresh funding will allow CATERWINGS to further enhance the customer service and online presence. The company aims to operate as a butler for Catering, to consult clients and to offer the most convenient booking experience from a broad selection of food - from sandwiches to sushi, from salads to sweets. In addition, CATERWINGS is screening new markets in order to identify the next steps on their European expansion.

“We are convinced that nearly all markets have a high unsatisfied demand for an innovative, fast and flexible booking process for business catering. We are always looking where to expand our business, still we are very much focussed on establishing great service and take the feedback of our clients seriously. This will always be our priority before a rapid expansion”, says Kloss.

About CATERWINGS
CATERWINGS is the next generation marketplace for catering services with an emphasis on convenience, flexibility and on-demand food delivery. The platform helps you find the perfect catering service for your special occasion, in record time, with unparalleled adjustability. CATERWINGS was founded in 2015 by Alexander Brunst and Sebastian Kloss and is part of Rocket Internet. Place your first order now at www.CATERWINGS.com

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