everybody loves pizza
on occasion a person (i am naming names here) Tires of staring at startup funding data, And her hungry mind walks to pizza.
But ordering a pizza in real life isn't always the correct choice for such people/reporters. So rather than, We'll pivot to the next best (probably not) problem: visiting what startup investors are doing vis vis the pizza industry.
turns out, VCs and growth investors are learning lots of ways to toss money at the space. A query of Crunchbase data rolled out more than 50 companies funded in the past months that mention pizza in their business descriptions. while in the chart below, We slice into 10 that is heavily funded and intriguing pizza preneurs.
Taken conjointly, What does this intake of funding data portend about the future of pizza? we're not experts in much but consuming the stuff, but nonetheless, A few trends stick out.
It is a stubborn conundrum. your event may have pizza right away that costs very little, But it tastes like microwaved pressed paper. Or you can pay the going rate and wait for an fresh pie, But that experts claim involveswell, Paying and unveiled.
obviously, There are various variations in between: The additional frozen pizza, The merely perfect chain pizza, the fast, Greasy slice the list goes on. Consumers seemingly have no shortage of options. And yet we long for more.
The most heavily funded pizza startups appear to target a similar consumer desire. we would like a cheap, successfully, customized, Fresh pizza that visitor preferences good. MOD Pizzaand LeBron James backedBlaze Pizza are two fast growing chains with this approach. Both serve fast cooking thin crust pies with a wide choice of toppings for a flat price.
the actual, Silicon Valley basedZumehas raised more than $400 million to scale up a model that banks on robot equipped mobile kitchens to bake fresh pies and deliver them to hungry customers. however,then again, there are methods to make pies less fattening, More nutrient dense or vegan friendly.
startups and their backers are on to this. very good example:Caulipower, fantastic Encino, Calif. Based startup produces cauliflower based pizzas and other snacks. The two year old company has raised just over $10 million in initial phase funding to date.
regarding that vegan crowd, There'sMooliss Vegan parmesan dairy product, A startup that sells plant based mozzarella exclusively to pizzerias and eating places. The New York company raised $6 million in May to get additional people hooked on its coconut oil and cashew based cheeses.
bettering your energy local pizzerias
when you prefer to patronize a beloved local pizzeria, online companies have tackled that angle as well, With tools aimed at making existing pie shops thrive in the digital, when needed age.
on this front,MyPizza modern advances, Best referred to as developer of the app Slice, Has raised around $16 million in funding so far. Its app helps local pizza shops and their customers submit and fulfill mobile orders and payments.
Another upstart,HotBox, concentrates on the hot [-censured-=https://twitter.com/asiamereview]asiame scam[/-censured-] delivery side. usually the Modena, Italy company has continued to develop a delivery box that keeps pizza hot and crunchy for the journey from shop to customer.
takeaway: we're going eat more pizza
throwing money at the pizza space could be seen as a source of disruption displacing existing players and supply and delivery chains.
alternatively, The disruption should be contained if some thing seems both impossible and inevitable does come to pass: most of us eat more pizza.
individually, I see a strong likelihood for increased take in, As pizza may something to fill more niches. in addition to serving as a greasy, cheap treat, Pizza now also works as a semi vibrant fast casual meal option, A decadent gourmet indulgence or even a vegan snack.