
DineMarket.com – “Celebrity chefs and other food maestros who oversee four- and five-star restaurants are a discerning and confident lot who typically don’t like anyone outside interfering with — let alone offering advice on — how they buy ingredients for their menus.
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“I realized there could be an opportunity industrywide,” he said. So, he hired Chef Driven’s purchasing director, Mr. Dror, as well as a programming friend, Gabriel Rusu, and the three built out Mr. Praisler’s concept.”
“The cloud-based platform, which also counts Daniel Boulud and Bobby Flay as clients, connects restaurants with vendors in exchange for a 2 percent fee on transactions, which is paid by the vendor. The app, founded by restaurateur Guy Praisler, lets restaurants compare pricing from different vendors at the same time.
Dine Market has a recipe calculator so restaurants can compare the cost per dish. The app can also compile reports analyzing buying platforms and pricing trends, resulting in estimated food savings ranging from 7 percent to 15 percent, according to the company.”
“One trend emerging from this COVID-19 pandemic is startups that once connected restaurants with food supply companies are pivoting into direct consumers sales. DineMarket is the latest entrant we’ve come across in the category: the company launched its own D2C marketplace earlier this month.
Since 2011, DineMarket had been a service for restaurants to buy food and other supplies from wholesalers in the New York area. As the pandemic spread and New York shut down for sheltering in place, DineMarket changed up its business so consumers can buy and get home delivery from these restaurant suppliers.”
“The opening of the second location is scheduled for the end of September 2019, with an investment of approximately 200,000 euros. These funds have been obtained from investors in the United States. We already have a longer collaboration with some of them, and some have joined us for this new project,” Gabriel Rusu, co-founder of Silicon Forest, told ZF.
He, along with two American investors, Boaz Gilad, founder and CEO of Brookland Capital, and Guy Praisler, CEO of Dine Market, established the IT & C industry-focused hub in June of last year with an investment of 200,000 euros.
