Investment Services News

Allison Wood Ventures Makes $2 Million Seed Investment in Chef-on-Demand Service CookinGenie

Allison Wood Ventures Makes $2 Million Seed Investment in Chef-on-Demand Service CookinGenie

Global investment and venture capital firm Allison Wood Ventures has contributed a $2 million seed investment to expand Ohio-based CookinGenie to new markets nationwide, allowing clients to connect easily with personal chefs who can cook fresh, healthy meals in their homes.

CookinGenie co-founders Sabah Drabu and Abhijit Ganguly were inspired by talented home chefs to create a network that allows private chefs to take their creativity to customers’ homes on a per-event basis.

“We want to change how people think of personal chefs,” Drabu said. “Most people think personal chefs are only for celebrities, but we wanted to create a marketplace where anyone can find and book a talented chef in their area in minutes.”

Latest Fintech News: The Financial Brand and Boost.ai Detail Unleashing Digital Brilliance in Banking

CookinGenie gives clients the option to hire a personal chef — or “Genie” — for an event. Customers choose from a menu of available meals and schedule a date and time. Their Genie does all the rest — from shopping to meal prep, cooking, and cleaning .

Genies can cook for any occasion, from a two-person date-night dinner to family gatherings, brunches, and elaborate dinner parties. CookinGenie is constantly expanding its diversity of chefs and menu offerings, and the company tests each potential chef to ensure their talents are up to the founders’ high standards.

Latest Fintech News: Credit Sesame Personal Finance and Credit Survey Reveals America’s Credit Use is Rising at the Wrong Time

“CookinGenie is a company dedicated to integrity and customer commitment, making it a fantastic fit for us,” said Allison Wood, founder and CEO of Allison Wood Ventures. “CookinGenie’s team identified a need, created a game-changing solution, and is currently customizing and scaling the business to ensure success. We are thrilled to invest in such a creative and forward-thinking startup, and we know the potential is limitless with this innovative team.”

Latest Fintech News: MassMutual Ventures Announces New Fund Focused on North America and Israel

[To share your insights with us, please write to sghosh@martechseries.com]

Related posts

Louisiana State University Partners with Kaplan to Better Prepare their Student-Athletes for the Workforce

Fintech News Desk

ESG in Finance: FICO Platform Helps Hoist Finance Make Debt Resolution 97% Greener

Fintech News Desk

Fiserv Helps Financial Institutions Make the Right Business Decisions with New Financial Planning and Forecasting Capabilities

Fintech News Desk
1