Feast & Fettle, a premium, fully-prepared meal delivery service based out of Rhode Island, announced the closing of a $1.2 million seed round led by Salem Capital Management, the family office of Paul Salem, Senior Managing Director Emeritus at Providence Equity Partners and Chairman at MGM Resorts.
Launched in 2016 by personal chef, Maggie Mulvena Pearson, Feast & Fettle hand-delivers gourmet, restaurant-quality meals to their rapidly growing member base in Rhode Island and Massachusetts.
The capital in this investment round will accelerate Feast & Fettle’s expansion plans, including a custom-built production facility that will allow the company to serve the Boston metropolitan area in early 2021. The facility will also act as the blueprint for future facilities, the first of which will be located in Connecticut and launched in late 2021.
“We’ve grown Feast & Fettle by focusing one thing – our members. Our patience and ability to appreciate the emotional connection with food, has allowed us to provide a unique experience at the dinner table you won’t find with any other meal delivery service. Now that we’ve spent the time to get it right, we’re gearing up for rapid expansion,” stated CEO, Carlos Ventura.