Soul-k

Industry: Food

Reference Market: IT, EU

Inflow: MI2020 London2019, Alumni

Total capital raised so far: 4.5 M

Key person infos

Nome Cognome: Andrea Cova

Ruolo: CEO

Email: andrea.cova@soul-k.com

Overview

The first Food As A Service Company in the world.

Soul-K provides a combination of semi-prepared food ingredients bundled with property digital tools to create a single ecosystem so its business clients can act faster, deliver better quality, improve margins and immediately scale their business.

High-quality semi-prepared ingredients and ready-to-serve meals are offered at a very competitive price that is either on-par or below cost of purchasing raw materials and working them, thus eliminating the many levels of variability normally linked with food cost calculation.

As today, Soul-K is the only player capable to provide the HO.RE.CA and L.O.D. sector with such a comprehensive offering, which might be difficult to replicate due to its strong tech component and significant upfront investments needed to start production. The company started 2019 with a strong increase in sales (+400% YoY), boosted by an increased focus on large accounts (e.g. LOD chains, hotel and restaurant chains). In order to meet the enormous demand from such clients, Soul-K needs to invest in a new highly automatized central HQ, which will also constitute the foundations of its international expansion.