Peckwater Brands (PB) is a company engaged in the growing cloud kitchen/delivery business that runs virtual restaurant brands from the kitchens of existing restaurants. It argues that restaurants need to pay high street rents and staff wages no matter how many diners visit. Nearly 5,000 restaurants have closed in the UK since 2015 due to not being able to fulfil these tasks. PB aims to change this scenario. It helps restaurant partners use their existing staff and kitchen capacity better, and help keep struggling businesses running. The company received more than 10,000 customer orders through Deliveroo and Uber Eats. It witnessed more than £250,000 in customer sales since June 2020 and is spread across London, Manchester, Leeds, and Coventry. PB has launched four brands with four more in the pipeline. It will use the investment to get more partners, launch more brands, and acquire more customers.
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Peckwater Brands Rating Review
Pitch rating powered by CROWDRATING™
Rated on 04/12/2020
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£1,599,668
pre-money valuation
5.88%
equity available
259
investors
£897
pledge per investor
12284429
company number
Active
company status
28/10/2019
incorporated 5 years
Previous Funding rounds
19 Apr 24 | Seedrs | £232,208 / 232% | 69.33% |
News
Meet Peckwater Brands, Europe's largest virtual food brand operator - Maddyness
10/06/2023 Maddyness
London-based Peckwater Brands secures £3M as it eyes expansion - UKTN (UK Technology News
11/10/2021 UKTN (UK Technology News
Exclusive: London-based Peckwater Brands swallows competitor to become largest virtual food brand in Europe - CityAM - City A.M.
24/01/2023 City A.M.
Peckwater Brands acquires Honest Food Company from Delivery Hero - The Grocer
15/09/2022 The Grocer
EXCLUSIVE: Peckwater Brands CEO reveals how British takeaways can compete with international favourites - Foodservice Equipment Journal
03/04/2023 Foodservice Equipment Journal
Peckwater Brands acquires Honest Food Company's operations in four countries - Food & Drink International
08/09/2022 Food & Drink International
Peckwater Brands raises £15 million at £65 million valuation — Retail Technology Innovation Hub - Retail Technology Innovation Hub
14/06/2022 Retail Technology Innovation Hub
Founder in Five: Q&A with Peckwater Brands CEO Sam Martin - UKTN (UK Technology News
03/02/2023 UKTN (UK Technology News
Delivery kitchen operator Peckwater Brands raises £15m in funding round led by pub giant Stonegate - CityAM - City A.M.
13/06/2022 City A.M.
Ghost kitchen group Peckwater Brands buys former Bird site in Shoreditch - Foodservice Equipment Journal
24/10/2022 Foodservice Equipment Journal
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