• Target

    £1,000,000

  • Type

    Equity

  • Close Date

    Jun 30 2017

  • Status

    Live

RISK WARNING: Your capital is at risk. The risks include: the lack of liquidity in this market in terms of being able to sell shares; the loss of the value of investment; and dilution of shareholding. When you invest any loss in value will not be covered by the the Financial Services Compensation Scheme. Please read FULL risk warning.

Market Porter

Market Porter - everyone's artisan food market

Investment closes only once the total pledged amount passes the minimum of £750,000

Total Pledged: £885,000
Max

£1,000,000

This Pledge is not a commitment. You will be asked to confirm in the next section.

Track
Contact
Duedil
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Overview

Market Porter is a scalable food-tech platform connecting independent food producers (primarily butchers, and farm shops) directly with consumers. The company is uniquely placed as it is the only food-tech player in its space operating on a national, rather than local, scale. Its proprietary technology allows for rapid scalability of its local supply chain and a capital light operating model. Since starting in 2014 with locally sourced meat as the only product category on offer, today Market Porter offers high-quality cheese, chocolate and charcuterie with the convenience of next day delivery. The company has not only built a strong brand but also a loyal customer base of c. 16k with nearly 40% reorder rate. At an annual run rate of £1.8m, proven business model and support from a strong board of directors composed of FMCG experts, company is projected to triple its revenues next year, something it has achieved year-on-year since inception.

Deal Manager avatar

Deal Manager
Scott Haughton

  • Sector: Restaurant / Catering / Food
  • Region: UK: London
  • Stage: Early stage - early revenues, pre-profit
  • Eligible Tax: EIS
  • Board Requirement: Will consider further board appointments
  • Actual Pre Money Valuation: £4,400,000
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