Canadian AI-powered corporate catering platform Platterz is set to close a $15m Series A funding round led by Aleph, a venture capital fund.
Platterz intends to use the funds to accelerate product development and global expansion in this year. The funding round included existing investors AltaIR Capital and Globalive Capital.
Platterz CEO and co-founder Eran Henig said: “The process of ordering food for the office is extremely outdated.
“Our clients are adopting our solution and quickly learning that catering works best when powered by predictive technology, and this is why we’ve shown such tremendous growth since our launch. Aleph’s data-driven approach to scaling businesses is the perfect strategic fit for us and we couldn’t be more excited to have them join the Platterz family.”
Platterz’ on-demand catering option ‘predictive meal builder’ serves corporate lunches, meetings and events.
The platform helps companies in receiving quotes and menus from restaurants and caterers, thereby reducing their food ordering time by 90%.
Platterz co-founder and president Yishay Waxman said: “Our passion is all about helping companies build a strong and unique corporate culture by bringing teams and employees closer together.
“Companies are spending so much time and effort trying to invest in their culture to attract and retain talent. We play a key part in this equation.”
Platterz has also announced the addition of Jonathan Zabusky, former President of GrubHub and CEO of Seamless and Ran Makavy, EVP of Growth at Lyft and former Director of Product Management at Facebook, as advisors to its board.
Following the closing of Platterz’ series A round of funding, Aaron Rosenson of Aleph will join Platterz’ Board of Directors.
Launched in 2016, with headquarters in Toronto, Platterz serves thousands of employees across Toronto and New York City, with more than 50 employees.