Cayena, a B2B food marketplace, announced a $3.5M Series A funding round led by Picus Capital. Other investors in the round include FEMSA Ventures, Astella Investimentos, and FJ Labs, among others.
Cayena is a digital marketplace for restaurants, bars, hotels, and dark kitchens to purchase their inventory. The platform provides next-day delivery alongside a number of add-on services designed to facilitate and optimize inventory management.
“We realized that food services do not need more trucks or warehouses, but more technology,” said Pedro Carvalho, co-founder of Cayena. “With Cayena, restaurant owners can browse the inventory of the best suppliers without having to contact each one individually, and have access to everything in one place.”
The new funding will enable the company to build out its technology, make new hires, and increase its service offering.
Cayena has already seen significant growth over the past year as the need for digitized food services increased. The platform aims to reach more than R$100M (US$19M) in transaction value next year.
