Quild Mini🦄 #134: Pepper

The ecommerce platform for food distributors

This is the Quild Minicorn, highlighting one future of work minicorn every weekday - early-stage startups with statistically significant signals of becoming a unicorn.

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Pepper is building the digital OS for the food supply chain started by the team that took Uber Eats from a small experiment to a billion-dollar business. Their eCommerce platform enables food distributors to find new customers, deepen relationships, grow revenue, and run more efficiently.

Founders: Ivana, Bowie (CEO), Chetan

Signals:

1. Venture-backed experience

   • Bowie led North American operations for Uber Eats for several years

   • Chetan built products at Uber for several years

2. Top company alumni

   • Ivana was an analyst at Siemens and Baker McKenzie for a few years

   • Bowie was a consultant at Bain for several years

   • Chetan built products at Google for a few years

3. Top university alumni

   • Bowie graduated from Northwestern (MBA) and University of Toronto (Bachelor, Master)

   • Chetan graduated from Princeton (Bachelor)

4. Fast team growth

   • Grew 2.3x YoY to 40 employees

   • Hiring more across functions

5. Accelerated financing

   • Seed in 2020, series A in 2021

6. Midas list investors

   • Index Ventures led series A

   • Greylock participated in series A

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Till tomorrow, Kenn