Popchew - The New F&B Trend that is taking the World by Storm
Kishore Dharmarajan
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When we get together with friends, we often get the idea for the next great Pizza or the Burger that nobody has heard off.
But we usually do not have the bandwidth to carry that idea forward.
Now, Rushir Parikh and Nick Sopchak have come up with a breakthrough concept called Popchew that can bring your ideas to life.
Creators figure out the type of food they want to sell, and Popchew brings that idea to life through digital experiences where friends can come together around food — see what they’ve ordered and send food to friends.
This means, if you have a great pizza idea, Popchew can bring it to life as they have tie-up and are using restaurants’ unused capacity (just like some apps use unused capacity at cafes to turn them into coworking spaces.)
On the technical side, all of the orders flow through the company and its splits the proceeds between the creators and restaurants.
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The Popchew idea is taking off and the company has partnerships with more than 100 restaurants currently.
With over 600,000 restaurants in the U.S., brands can expand reach without changing restaurants’ existing operations.
The company has plans to launch new brands every month with its roster of creators, and to reach that goal, secured $3.6 million in seed funding.
Long Journey Ventures led the round and was joined by Jake Paul’s Anti Fund, Flybridge, WndrCo, the Uber Alumni Syndicate and a group of strategic angel investors, including Rus Yusupov of HQ Trivia and Vine, Steven Galanis of Cameo, Rich Antoniello of Complex Media, Scott Belsky, Pompliano and Matteo Franceschetti.
(If you are running an F&B business and want to sit down for a brainstorming session to generate great ideas like Popchew, give us a call on 050 6986164)
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3 年Kishore Dharmarajan