Amsterdam-based Peckish has attracted significant pre-seed funding as it advances its AI-powered inventory management platform tailored for the hospitality sector. The company, established by former Uber (NYSE:UBER) employees, is focused on reducing the manual workload commonly associated with restaurant operations. Fresh capital supports a drive to automate and simplify supply chain processes, potentially setting a new benchmark in the industry.
Earlier reports detailed similar efforts within hospitality, highlighting the challenges of traditional manual inventory practices. Recent information now reflects a shift as innovative tools like Peckish’s solution begin to address inefficiencies by leveraging advanced computer vision and automation, marking a notable departure from older methods.
Peckish secured €800K in pre-seed funding led by Arches Capital while also receiving backing from investors such as Antler, Newland Syndicate, and Empower Impact along with strategic angels from the UK and the Netherlands. Founded in 2023 by Harpreet Singh and Sebastien Pradier, the startup integrates automated stocktaking, invoicing, and procurement via a WhatsApp interface.
Funding and Investment
Investor support will help expand Peckish’s product development and the growth of its proprietary dataset of food and beverage inventory images. The funds intend to strengthen its sales and onboarding teams to meet increasing interest from the market.
“The team operates at record speed, with a deep understanding of hospitality operations,” remarked Diederik Stolk, Partner at Arches Capital.
This infusion of capital aligns with a strategic effort to develop infrastructure that bridges financial investment with operational insight.
Operational Advances
Peckish’s platform utilizes computer vision to reduce the time spent on manual stocktaking and streamline other critical functions. Automated recommendations aim to minimize labor and mitigate food waste while offering efficient inventory control.
“Restaurants lose up to 24 per cent of their inventory each week—amounting to £72K in annual losses per site, and the only way to detect these losses is by counting stock,” stated Harpreet Singh. He added, “Manual stocktaking is quickly becoming obsolete.”
The startup plans to extend its operations to key international markets, including the UK, the Netherlands, and the US. Additional investor insights emphasize that the collaborative approach between technical expertise and deep industry ties has primed the company for further scaling.
Expanding automated systems in restaurants could serve as a model for similar businesses aiming to cut operational costs and improve efficiency. The integration of AI in everyday management tasks provides a tangible response to long-standing challenges in the restaurant industry while offering a roadmap for future technology applications.
