A marketplace platform that enables users to purchase prepaid, discounted meal plans directly from restaurants through a mobile app. It reduces reliance on high-fee delivery services by providing restaurants with upfront revenue and customers with cost savings and flexible meal redemption options.
Funding
Funding not disclosed
Founders
Product
Problem
Restaurants face challenges with unpredictable revenue streams and high fees from third-party delivery services, impacting their profitability. Consumers, especially Gen Z and Millennials, seek affordable and convenient meal options but are often deterred by the high costs associated with restaurant takeout.
Solution
Feedplan is a marketplace platform that enables restaurants to offer prepaid, discounted meal plans directly to consumers through a mobile app. Customers purchase meal plans upfront, providing restaurants with a predictable revenue stream and reducing their reliance on costly delivery services. The app allows users to manage and redeem their prepaid meals, offering a cost-effective way to enjoy meals from their favorite restaurants. By prepaying for meals, users can save up to 40% compared to standard menu prices.
Target Audience
The primary target audience includes Gen Z and Millennial consumers who frequently order takeout and are looking for affordable and convenient meal options, as well as local restaurants seeking to increase revenue and reduce reliance on third-party delivery services.
Features
- Mobile app for purchasing, managing, and redeeming prepaid meal plans from local restaurants
- Discounted meal plans offering savings of up to 40% compared to standard menu prices
- Restaurants gain upfront revenue and reduced dependence on third-party delivery apps
- Streamlined meal redemption process for convenient takeout
- Option to request restaurants to join the platform
- In-app order status tracking
- Ability to modify meals