What is QuiToque?
QuiToque operates as a French meal kit delivery service, providing customers with fresh, seasonal ingredients and straightforward recipes designed for home preparation within 30 minutes. The company caters to a broad demographic, including families, couples, and culinary enthusiasts, offering adaptable subscription plans without long-term commitments. A key aspect of QuiToque's value proposition is its commitment to sustainability and health, with 90% of its recipes achieving a Nutriscore of A or B, thereby minimizing food waste and promoting nutritious eating habits. The service also enhances its appeal by featuring exclusive recipes developed in collaboration with renowned chefs.
How much funding has QuiToque raised?
QuiToque has raised a total of $6M across 2 funding rounds:
Angel/Seed
$1.7M
Private Equity
$4.4M
Angel/Seed (2016): $1.7M with participation from 360 Capital Partners and ISAI
Private Equity (2017): $4.4M led by ISAI and 360 Capital partners
Key Investors in QuiToque
360 Capital Partners
360 Capital Partners is a venture capital firm specializing in innovation investments across Europe, with a strong focus on France and Italy. They have a proven track record of investing in and supporting technology-driven companies.
ISAI
ISAI is a venture capital fund that invests in early-stage and growth-stage technology entrepreneurs, offering expertise in VC, corporate VC, and growth lending, with a commitment to ESG principles.
360 Capital partners
Undisclosed investor participating in the funding round.
What's next for QuiToque?
The substantial enterprise-level funding and recent strategic investment indicate that QuiToque is poised for significant scaling and market penetration. This capital infusion is likely to be directed towards enhancing operational efficiency, expanding its delivery network, and potentially diversifying its product offerings. The company's focus on health and sustainability, coupled with its flexible subscription model, positions it favorably to capture a larger share of the growing demand for convenient, healthy, and eco-conscious meal solutions. Future growth may also involve strategic partnerships or technological advancements to further streamline the customer experience and supply chain.
See full QuiToque company page
