Saltz.app, a digital marketplace designed for the food supply industry, has announced it has successfully raised $23.1 million in new investment capital from a group of investors. This significant funding round is set to bolster the company's mission to modernize and streamline the complex processes involved in food distribution for professional kitchens and their suppliers.
Saltz operates by providing a unified digital platform that connects professional kitchens directly with a network of verified food suppliers. The platform consolidates essential functions such as supplier catalogues, ordering, payments, and logistics into a single, intuitive interface. This innovative approach aims to replace the often manual and fragmented sourcing processes prevalent in the industry with a more efficient and transparent digital workflow. Currently, Saltz is active across 20 countries, offering chefs access to thousands of fresh and frozen meat and seafood products, thereby improving sourcing efficiency and transparency for all parties involved.
The $23.1 million secured in this funding round highlights investor belief in Saltz's potential to drive substantial change within the food supply chain. The capital raised is designated to accelerate the company's strategic growth initiatives. Saltz plans to deploy these funds to further enhance its technology platform, expand its operational footprint into new markets, and broaden its suite of service offerings to better serve the evolving needs of the global food industry.
Looking ahead, this investment positions Saltz to continue its expansion and solidify its role in building modern infrastructure for food distribution, particularly across Europe and other key regions. The company aims to further scale its operations, deepen its market penetration, and reinforce its commitment to facilitating the digital transformation of the food supply sector.
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