Mercanto operates a B2B procurement platform for restaurants, consolidating purchases across multiple suppliers. The service manages supplier vetting, negotiation, and guarantees next-day delivery for fresh produce, dry goods, proteins, and non-edible supplies. This streamlines foodservice operations by enabling consolidated ordering and ensuring order fulfillment reliability.
Funding
$7M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
TGFounders
Product
Problem
Restaurants face challenges in sourcing ingredients, cleaning products, and packaging from numerous suppliers, leading to fragmented ordering processes and logistical complexities. Managing multiple vendor relationships, tracking orders, and ensuring timely deliveries can be time-consuming and inefficient, disrupting restaurant operations.
Solution
Mercanto offers an online wholesale marketplace that consolidates restaurant procurement by connecting them with a network of vetted suppliers. The platform streamlines the ordering process, allowing restaurants to source a wide range of products, including ingredients, cleaning supplies, and packaging, from multiple vendors in a single order. Mercanto ensures next-day fulfillment, reducing operational disruptions and simplifying the supply chain for restaurants. By negotiating with suppliers and guaranteeing order fulfillment, Mercanto optimizes purchasing and ensures timely delivery of essential restaurant supplies.
Target Audience
Mercanto primarily targets restaurants seeking to streamline their procurement processes and access a wide range of supplies from vetted vendors.
Features
- Consolidated online marketplace for restaurant supplies
- Access to a vetted network of suppliers for ingredients, cleaning products, and packaging
- Single-order placement from multiple vendors
- Guaranteed next-day fulfillment
- Supplier negotiation for optimized pricing
- Order tracking and management tools