Nourish'd Kitchen

Compliance Team
Angels Den

Dear User,

You may have heard about the new General Data Protection Regulation (“GDPR”), that comes into effect May 25, 2018.

We would like to ensure you that your personal data is safe with us. Please read the details regarding the processing of your personal data and if you agree with the processing as described below, please click the ‘I agree’ button.

Please be informed that you can withdraw this consent at any time.

1) What data are we talking about?

We are disclosing details regarding the processing of personal data that is collected within our calls and in connection with your use of Angels Den’s platform, Websites and other functionalities of Angels Den, including those saved in cookies files.

2) Who will be the controller of your data?

Angels Den Funding Limited (hereinafter referred to as AD) will be the controller of your data (Angels Den means all entities from the Angels Den capital group, which includes Angels Den Funding Limited with its registered office in London and all entities related to it and dependent on it) and only our Trusted Partners.

3) Why do we want to process your data?

We process this data for the purposes described in our Privacy Policy, including:
- compliance with any legal requirements and obligations,
- ensuring that content from our Website is presented in the most effective manner for you,
- marketing purposes,
- providing you with our services (including the completion and support of immediate activity required to provide you with information and deliver products and/or services that you request and to deliver any contracts entered into with you), or
- as otherwise explained in this privacy policy or by any communication by us.
Where you have explicitly consented to be contacted for such purposes, we use your personal data to provide information on our new and existing products and services.

4) To whom can we transfer data?

In accordance with applicable law, we may transfer your data to entities processing it at our request, e.g. marketing agencies, subcontractors of our services and entities authorized to obtain data under applicable law, e.g. courts or law enforcement agencies - of course only if they submit a request based on an applicable legal basis. Furthermore, we will transfer your data to Trusted Partners outside the European Union – to the USA – under the EU-U.S. Privacy Shield Framework.

5) What are your rights to your data?

You have the right to request access to, correct, delete your personal data. You can also withdraw consent to processing of personal data, raise objections and use other rights granted under GDPR (i.e. right to data portability).

6) Use of cookies

We use cookies to give you the best experience on our Website. This means that we have placed cookies on your device. If you continue without changing your cookie settings, we assume that you consent to our use of cookies on this device. You can change your cookie settings at any time but if you do, you may lose some functionality on our Website. More information can be found in our Privacy Policy.

In connection with the above, I agree to the processing of my personal data by Angels Den and its Trusted Partners. I confirm that I understand that my personal data is being collected as part of my phone calls, use of AD’s online platform, Websites, and other functionalities of AD, including the data saved in cookie files. I also consent to profiling in order to allow Angels Den and its Trusted Partners the provision of better services (including for analytical purposes). Your data will only be processed on a valid lawful basis in accordance with applicable data protection laws. The processing of your personal data for marketing purposes (including statistical analysis) by AD is based on the firm's legitimate interest. The processing for marketing purposes by our Trusted Partners is only possible if we receive your freely given consent. We will also process your personal data to fulfil our contractual obligations to you as contained in AD’s Terms and Conditions of the use of our Website and services. Therefore, this data will be processed on another lawful basis – ‘contract’. We will also process your data to comply with our legal obligations for our Service (such as anti money laundering and know your customer requirements), which is also a valid lawful basis in accordance with applicable data protection laws.

Expressing this consent is voluntary and you can withdraw at any time.

If you have any doubts or questions about the use of your personal data, please do not hesitate to contact me via email. I’m happy to assist.

Compliance Team
Angels Den
cl@angelsden.com

I Agree

Not Now

NOURISH'D KITCHEN

Nourish'd is the corporate catering initiative inspiring employees to fuel themselves for greatness

£ 123,180

0 Days left

82% of minimum goal raised

Just Eat Ventures

Minimum Target

£ 150,000

Minimum investment amount

£ 5,000

Maximum Target

£ 250,020

Maximum investment amount

£ 250,000

Investment Opportunity

Nourish'd is the corporate catering company with a mission to inspire a generation to live healthier, happier and more productive lives. They offer nutritious food for breakfast, lunch, dinner and meetings with a positive social impact. Fuelling employees with delicious, low GI food is key to boosting productivity and happiness in the workplace. Nourish'd provides this through an easy, straightforward service and amazing food that brings people together and encourages a positive, communal work environment.

THE IDEA

Products & Services

Nourish’d offers corporate catering for breakfast, lunch, dinner and meetings. They provide rotating weekly menus with innovative recipes designed alongside a nutritionist to be nutrient dense with a low glycaemic index. Their food comes individually boxed or as communal feasts depending on the client’s needs and they have options to suit all dietary requirements. Nourish'd has a hassle-free ordering system that allows for employees to log on individually and order for themselves or for one person to set up an order for the entire office. They produce the food themselves and then deliver it from their central kitchen at a time convenient for the client.

Problem Solved

Nourish'd is the corporate catering initiative that aims to change work culture through food. Big companies often have work environments that do not promote healthy, happy people. Current catering options often consist of stodgy sandwiches and sugary snacks that do little to fuel people's workdays. Poor health costs businesses up to 22% in output per person each year and therefore, they believe that companies have a responsibility to invest in their employee's wellness. Nourish'd aims to encourage this through their sustainable, nutritious, low GI, energy-boosting food. Their innovative meals aim to nourish and indulge staff to help build a healthier, happier and more productive company.

Revenue Model

The meals are priced at £7.50 a head, with a gross margin of 55% per meal. The average client orders 40 meals a week and generates £15,000 revenue per year, giving a gross margin per client of £8,250 a year. They currently have 7 clients that are worth £120k in revenue. The focus is to target SMEs (businesses with 15-200 people) and their target is to have 80 recurring weekly clients within 12 months. Larger contracts with bigger companies will be pursued as well, although they have not been modelled. These require a longer sales cycle but have stronger contacts, great revenue and a longer lifetime.