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 Financial Services Compensation Scheme. Please read FULL risk warning.
Market Porter - everyone's artisan food market
Investment closes only once the total pledged amount passes the minimum of £750,000
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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.