Ecommerce meal subscription service startup Local Crate closed a $1.4m seed round last week and now we learn more about that milestone from cofounder & CEO Frank Jackman.
What is your objective with Local Crate?
Local food is one of the fastest growing food trends, surpassing that of organic, but without a clear leader in this space since it’s highly fragmented between co-ops, restaurants, family farms, etc.
There is great opportunity in the food system to combine technology for efficiency, freshness, quality, and even cost savings. Today we are meal kits, which is how we’ve identified the need, and from there we will expand. Our ultimate goal is to become the first nationally recognized local food brand based on a decentralized system.