Castiron Serves Up A $6M Seed Round To Support ‘Food Artisans’
01/18/22, 1:00 PM
Money raised
$6 million
Round Type
seed
The pandemic hasn’t been easy for anyone, but the food service industry has been hit particularly hard. More than 90,000 restaurants and bars have closed, leaving workers unemployed in an already precarious industry. And those who kept their jobs faced the stressful demands of customer-facing work in a pandemic.
Company Info
Additional Info
Castiron doesn’t start making money until the food artisan makes money — then, the platform takes 10%, plus a standard 2.9% + $0.30 payment processing fee.“In deciding to start this company, it was important to me after having done five, six or seven different startups that with this one, we were truly aligned with our customers. Launched in October, Castiron provides its users (which it calls “food artisans”) with customizable e-commerce websites, which include dynamic inventory management, order fulfillment tools, newsletter and marketing tools and more. “Our customers are risk averse, so it’s important that we have a no-risk product for customers to try.”Right now, Castiron only operates in the United States, where laws pertaining to home food businesses (cottage food laws) vary from state to state.