An Exemplary Pitch Deck: Chewse, The Office Catering Solution
One of the essential tools for any startup looking to raise funding is a pitch deck. It serves as a brief yet enticing snapshot of their business to gain the interest of potential investors. One startup that mastered this crucial tool is Chewse, Inc., a one-stop solution catering for office environments.
Understanding Chewse and Its Unique Value
Before delving into the success story of their pitch deck, let’s understand the uniqueness of Chewse. The firm caters to office admins facing challenges to find new and exciting lunch options several times a week. Based in Los Angeles, Chewse offers a curated list of restaurants already equipped for catering and delivery. They can easily meet the demands of a full office environment.
The Problem and The Solution
The Chewse business model is practically a solution for the monotonous food options in many workplaces. It allows office admins to introduce a variety in their food palate without needing to dip into logistics and delivery details. Consider it as an uberized version of office food catering.
Breaking Down the Chewse Pitch Deck
Back in 2013, Chewse managed to raise $1 million in seed funding. The reason? An investor pitch deck that communicated the business idea, problem, and solution crisply and clearly. Here’s what makes their pitch deck standout.
Business Idea Release
Chewse’s pitch deck effectively communicated its business idea by centering on a problem – the continual struggle of office admins to find new and diverse food choices. For startups, the first slide about the ‘problem’ is crucial as it relates to identifying the ‘need’ or the ‘gap’ their product or service aims to fill.
The Solution Presentation
The next slides provide a detailed explanation of their solution. For Chewse, they demonstrated their ability to simplify the catering process by partnering with restaurant chains that already cater to and deliver food. It meant providing an array of food choices without compromising on delivery efficiency.
Funding Request
The pitch deck also unveiled their fundraising request, provoking investors to envision the potential return on investment. For Chewse, requesting a $1 million seed funding was strategic and demonstrated the company’s growth commitment. As a startup, your pitch deck should identify your funding needs and how those funds will be used.
To offer a compelling vision of your startup and make a lasting impression like Chewse, the last thing you need to remember is the presentation. Make sure to give special attention to your pitch deck layout and design and let your passion and commitment shine through.