New | Hong Kong start-up Caterspot targets corporate catering and party food delivery in food-loving city

Hong Kong start-up Caterspot aims to provide an online ordering platform that simplifies corporate catering and party food delivery for junk trips after raising fresh funding from investors.

Founded in January as a business-to-business operation, Caterspot is mainly targeting its service to companies in Hong Kong and Singapore.

Caterspot co-founder Camilo Paredes said he was inspired to streamline catering ordering in Hong Kong after he found the process of arranging party food for events for his previous dating start-up Grouvly as time-consuming and complex.

“We realised that catering was largely offline and a tedious process,” Paredes said. “But it won’t be like that in the next five years. So we are coming to get the catering industry to develop to the next level in terms of technology.”

The start-up announced earlier this week that it had raised US$800,000 from Singapore-based Triplestar Capital and Swiss Founders Fund.

Paredes estimated the market for corporate catering in Singapore and Hong Kong to be worth US$250 million each year.

Caterspot places caterers and restaurants with catering menus on an online platform where office managers can order food for meetings or events in one place, without having to call around for quotes.