New Homemade Food Delivery Marketplace Cookin Secures $17M in Funding to Fuel Rapid Growth
Summary
Toronto-based start-up to expand its online home-cooked food delivery app to the United States in 2023TORONTO, Feb. 13, 2023 /CNW/ - Amidst the current tech climate, homemade food delivery app has secured more than $17M (CAD) in funding that will go towards expansion into the U.S. market and further establishing leadership in Toronto and surrounding areas.The funding round, announced today, was led by Relay Ventures, with support from Mistral Ventures. Cookin also has the backing of a sound Advisory Board and angel investors, including Patrick Kriss, Michelin Star Chef and Owner of Alo Group; Matt Tucker, CEO of Tock; Noah Glass, CEO of Olo; Jodi Kovitz, Founder of Move the Dial; Ben Leventhal, Founder of Eater and Resy; Mark Cohon, Chair of Toronto Global; and Howard Grosfield, President of US Consumer Services at American Express. "Cookin is establishing a life-changing opportunity for at-home chefs to offer their craft and build their individual brands," said Alex Baker, Managing Director at Relay Ventures. After closely tracking Cookins progress following the initial launch, it became clear that compelling talent has come together to turn this vision into a reality, and we are thrilled to be a part of this exceptional journey. "The Toronto-based start-up that brought homemade cooking to the sharing economy in Canada is expanding its online food delivery marketplace to select U.S. cities in 2023.