Platterz secures $6.7M seed financing led by AltaIR Capital

Platterz, a corporate catering platform that uses machine learning technology to automate ordering food for the office, has raised $6.7 million in seed funding led by AltaIR Capital with participation of Globalive Capital, Kevin Kimsa, Dennis Bennie, Ran Makavy and Oren Zeev.

The financing closed in December 2016. Igor Ryabenkiy, Managing Partner of AltaIR Capital, has joined Platterz board of directors.

AltaIR Capital is a venture capital firm investing in seed and Series A stage internet and technology companies. AltaIR has extensive operational and investment experience in the United States, Israel, Europe and Russia.

“We’re thrilled with the incredible traction we’ve seen so far in the market, and most importantly with the overwhelming positive feedback we’ve received from customers over the last year,” said Eran Henig, CEO of Platterz. “Our customers appreciate that we’ve taken the time to truly understand their needs and develop the one-stop catering shop they’ve been waiting for all these years. We’re empowering them in ways that were simply not possible without technology.”

Platterz will use the new funds to deepen its market presence through global expansion, accelerate product and machine learning development, and amplify sales and marketing.

“We’re excited to invest in a company with strong, proven leadership that’s powering the disruption of a $21bn corporate catering industry. Platterz quickly found product/market fit and the tech path to scale – the perfect formula for any investor,” said Ryabenkiy.

Platterz was co-founded in 2015 by Henig and President Yishay Waxman.

Ted Liu

Ted Liu, M.Sc. (Mining, Queen's), MBA (Finance, Toronto), is the Editor of Private Capital Journal, CanadaMetals.ca, TechWire.ca, and the former Editor of Canadian Private Equity. Ted has been passionately tracking Canadian private capital industry since 1992, having most recently served as Research Director for The Canadian Venture Capital and Private Equity Association (CVCA).

Ted is the architect of CVCA infobase, and is the architect of CPE Media's Financings.ca, Canada's most sophisticated and advanced all private capital and public market financing database.