Foodem, an ETC-based startup that bills itself as the “only business-to-business online food marketplace,” doesn’t consider the food distribution giant Sysco as competition, said Foodem founder Kash Rehman in a recent interview:
Sysco, you know, is a distributor that has tons of overhead. They have trucks, they have salespeople, they have warehouses. We are a marketplace, we actually one day think that Sysco will join Foodem because they would want to get more customers via our platform …
As Technically Baltimore reported in May, Foodem recently raised an angel funding round of $600,000 and released version 2.0 of its online platform, which allows wholesale buyers — like hotels, restaurants and catering companies — to connect directly with food manufacturers and distributors.
Read the full interview with Rehman, or watch the video below.
http://youtu.be/SILPlRFHNgY
Before you go...
To keep our site paywall-free, we’re launching a campaign to raise $25,000 by the end of the year. We believe information about entrepreneurs and tech should be accessible to everyone and your support helps make that happen, because journalism costs money.
Can we count on you? Your contribution to the Technical.ly Journalism Fund is tax-deductible.
Join our growing Slack community
Join 5,000 tech professionals and entrepreneurs in our community Slack today!