Platter lands follow-on funding from Verb Ventures to modernise food supply operations

Platter, a UK-based operating system built for food suppliers, wholesalers and manufacturers, has raised an extension to its latest venture round with Verb Ventures joining as a new investor, per Tech.eu. The announcement was made on 7 August 2026; the specific amount of the extension was not disclosed.

The round adds Verb Ventures to Platter's cap table. The investment firm focuses on operational infrastructure software in industries it describes as underserved by purpose-built tooling. Alexey Bulygin, Principal at Verb Ventures, said in a statement reported by Tech.eu: "We invest in the operational layers that make trade work, usually in industries everyone depends on and almost nobody has bothered to build proper software for. Platter is going after it in the food industry from day one, and that's exactly the kind of system-of-record business we back."

Platter's platform targets the roughly 25,000 food and beverage manufacturers in the UK — the large majority of them small businesses such as cheesemakers, bakeries, sauce producers, drinks brands, chilled foodservice wholesalers and regional dairies — most of which, according to Tech.eu, still operate on improvised spreadsheets. The product runs across three connected layers: orders and sales (digital ordering, an online storefront, and buyer-specific price list management); operations (delivery planning, stock and production visibility, and warehouse connections); and finance and invoicing, with automated invoices feeding into Sage and Xero, plus embedded invoice factoring through a partner facility designed to shorten supplier payment terms.

Live since mid-2025, Platter has onboarded over 30 customers, each processing approximately £3 million to £10 million in annual trade through the platform, Tech.eu reports. Collectively the company says it is on track to process well over £100 million in annual trade, and has recorded zero customer churn since launch.

Verb's investment thesis, as described to Tech.eu, centres on the distinction between software that supports operations and software that becomes operational infrastructure. Once ordering, inventory, production, delivery, invoicing and accounting all run through Platter, switching costs become significant, and ownership of invoice data and end-to-end transaction visibility creates a foundation for expanding into payments and broader embedded financial services. No timeline or specific product roadmap for those expansions was disclosed.