BoroughBox, the curated distributor of artisanal produce born from Borough Market, are looking for investment to take the business to the next level.
Founded by Andrew Lawson in 2014, the company offer distribution services for award winning, specialist, artisan food and drink producers to sell their products throughout the UK. BoroughBox use a recurring subscription service, corporate sales and an online e-commerce platform to market and distribute products across the country.
Formerly a trader at the world famous foodie mecca Borough Market, Lawson was inspired to start the business after spotting an opportunity to connection regional producers with increasingly discerning foodie consumers. Over 120 merchants already use the BoroughBox platform marketplace, including Soffles Pitta Chips and Serious Pig; Lawson and BoroughBox are passionate about helping small and local artisanal food producers and foodie fans to one another.
The business has just launched a crowdfunding campaign on Crowd2Fund.com, and is aiming to raise £120,000 to invest in sales, marketing and technology, in return for a 15 percent stake in the business. BoroughBox are also offering a number of investor rewards including lifetime discounts, alongside Truffle Prosecco boxes and Pine gift hampers.
Lawson says, “Now that have laid some solid foundations for the business and proven the brand and concept works, we want to push on with aggressive growth and customer acquisition. Having smart investors for the journey makes perfect sense. The business is on trend and working with the genuine investor crowd can be great for new brand ambassadors.”
The SEIS qualifying business is planning to build multimillion pound revenues within the next three years, and to then subsequently become acquire by a larger company. Lawson added, “With the landscape rapidly changing in food itself and the way we consume, we could prick the interest of any big specialist food or subscription company, or thanks to the marketplace perhaps one of the bigger online marketplace platforms seeking a fast and direct route into the artist and specialist food sector.”
For more information, visit their campaign page here.
