Ready-to-eat meal vendor sales WeCook have increased 300% in the past year. The Dorval company recently obtained a round of financing of $ 7 million from its investors.
The Quebec company delivers food to approximately 20,000 customers and prepares nearly 2.5 million meals per year.
“I am excited by the interest generated during this round of financing as WeCook is even more successful in Quebec. We remain focused on our goal of becoming the largest ready-to-eat meal delivery company in Canada, ”said founder and president Étienne Plourde in a press release.
The investors, led by Desjardins Capital, bet on the potential growth of the food company in Quebec and Ontario. The Technological Group of the National Bank also participated in the financing in the form of a loan.
“We are proud to continue our partnership with WeCook. Their operations and financial performance are remarkable ”, observes the Chief Operating Officer at Desjardins Capital, Marie-Hélène Nolet.
Founded in 2013, WeCook employs more than 400 workers at facilities in Dorval and Saint-Hyacinthe.
The online food sales and delivery market is valued at $ 5 billion annually.
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