New Toronto-based food delivery app for homemade meals secures $17M
A new Toronto-based company just received $17-million in funding to expand the bridge they’ve built between home-cooked meals and food delivery apps.
Launched in October, Cookin connects chefs crafting homemade meals to hungry people seeking a fresh food delivery option, beyond offerings on UberEats and DoorDash.
The seed of the business began with a phone call a couple years ago between two high school pals, Morley Ivers and Michael Baruch. Their conversation naturally gravitated to a hot topic that frequently entered discussions at the onset of the pandemic – polarization.
“We both came to the conclusion that food has this unique ability to bring us together,” Ivers said. “We have this incredible way to unite people with food, which is our ultimate vision.”
So far, the app has united thousands of people hunting for home-cooked meals with 80 culinary professionals in Toronto. A Byblos chef who cooks Middle Eastern-inspired food with Caribbean flavours, and the founder of Cali Love who makes southern eats as a way of returning to his North Carolina roots, are among the chefs on the app.
They are also in the process of sifting through more than 2,000 applications from chefs keen to join, Baruch said. These culinary professionals create their own menus and set their own prices, while Cookin operates as a middleman that connects home-cooks to households. Chefs keep 80 per cent of the revenue generated.
When the founders first sought venture capital funding, Ivers said the interest they received was immediate and vibrant. “We went out and started doing partner meetings with V.C. firms on a Monday and had multiple verbal offers that night,” he said.
With the new funding secured, Cookin has its sights set on expanding in Ontario, beyond Toronto, along with venturing south of the border to Dallas and Miami. Moving forward, the team is aiming to have their app span 17 American cities by 2025.
CTVNews.ca Top Stories
Canada Post strike: Union 'extremely disappointed' in latest offer, negotiator says
A negotiator for the Canadian Union of Postal Workers (CUPW) says the latest offer from Canada Post to end the ongoing strike shows the carrier is moving in the "opposite direction."
Trump is welcomed by Macron to Paris with presidential pomp and joined by Zelenskyy for their talks
French President Emmanuel Macron welcomed Donald Trump to Paris with a full dose of presidential pomp for the reopening of the Notre Dame Cathedral.
Digging themselves out: With Santa Claus parade cancelled, Londoners make best of snowy situation
Londoners continue to dig themselves out from this week’s massive snowstorm.
Canada's air force took video of object shot down over Yukon, updated image released
The Canadian military has released more details and an updated image of the unidentified object shot down over Canada's Yukon territory in February 2023.
U.S. announces nearly US$1 billion more in longer-term weapons support for Ukraine
The United States will provide nearly US$1 billion more in longer-term weapons support to Ukraine, Defense Secretary Lloyd Austin said Saturday.
New plan made to refloat cargo ship stuck in St. Lawrence River for two weeks
Officials say they have come up with a new plan to refloat a large cargo ship that ran aground in the St. Lawrence River two weeks ago after previous efforts to move the vessel were unsuccessful.
Why finding the suspected CEO killer is harder than you might think
He killed a high-profile CEO on a sidewalk in America’s largest city, where thousands of surveillance cameras monitor millions of people every day.
Sask. doctor facing professional charges in circumcision case
A Saskatoon doctor has been accused of unprofessional conduct following a high-cost adult circumcision that included a request for the patient to text unsecured post-op pictures of his genitals.
An archbishop's knock formally restores Notre Dame to life as winds howl and heads of state look on
France's iconic Notre Dame Cathedral is formally reopening its doors on Saturday for the first time since a devastating fire nearly destroyed the 861-year-old landmark in 2019.