Spoonfed adds Denver office; Blu Marine sails into Greenock
Spoonfed’s SaaS (Software as a Service) platform is aimed at contract catering firms and restaurants supplying businesses, universities, hospitals and many other institutions.
It intends to add nine staff to its complement of 11 by the end of this year, including software engineers at its new Glasgow HQ and further customer support staff in the US.
Spoonfed’s co-founder and MD, Willie Biggart, said: “2018 was a great year for Spoonfed, with monthly revenues increasing by more than 140%. An increase of 300% in set up fees in the final quarter of 2018 indicates that this growth will accelerate in 2019. Our customers recognise Spoonfed as a great product – on average Spoonfed customers saw their revenue grow by 27% last year.”
The global market for B2B hospitality catering is estimated at £40 billion. Spoonfed is already established in the UK, Canada, Ireland, Holland, Belgium, France and Australia. This expansion will confirm its foothold in the highly lucrative US market.
Mr Biggart added: “Our major focus this year will be on the US market. 2018 was the first year that our US revenues matched and exceeded those in the UK. This new funding will help us make further roads into a market that’s 8 times larger than the UK.”
Riverside Inverclyde (Ri), the organisation delivering the economic redevelopment of Inverclyde in the west of Scotland, has welcomed Blu Marine to Lynedoch Industrial Estate in Greenock.
Blu Marine, which provides marine outfitting services, will locate three staff to the new premises.
The Belfast-headquartered business already has offices in Salisbury and Hong Kong and has leased 3,200 square feet from the now fully-let Greenock industrial park after winning the contract to fit out the two vessels currently at Ferguson Marine in Port Glasgow.