About

StiQ is a pioneering startup in the global online food delivery market, offering a unique and tested franchise model. Established in 2022, STIQ has distinguished itself by creating a unique operational system that seamlessly integrates multiple restaurant brands within a single, optimized kitchen space, known as a cloud kitchen or "hub". This model allows STIQ to operate without the overhead of traditional brick-and-mortar restaurants, maximizing efficiency and profitability.   Central to STIQ's operational philosophy is brand ownership. This strategic decision empowers STIQ with complete control over its brand identity, ensuring the highest quality and an unparalleled customer experience. By developing and owning its brands, STIQ can readily adapt to the dynamic demands of the market and the evolving preferences of its customers.   Beyond its online presence, STIQ is expanding its footprint through the establishment of strategically located physical stores. These small-scale, takeaway-focused outlets are designed to amplify brand visibility and cultivate deeper customer engagement. STIQ's expansion strategy is further bolstered by its attractive master franchise agreements, which offer a unique combination of adaptability and low initial investment costs.   STIQ's innovative approach has enabled the company to achieve significant milestones (>20 unique brands, 5 hubs, >16M annual revenue).

Solution & Product

STIQ is at the forefront of a transformation in the online food delivery industry. Our strategically positioned delivery-only kitchens, also known as cloud kitchens, are designed to maximize efficiency and flexibility. Within these compact and optimized spaces, we seamlessly operate multiple restaurant brands, allowing us to cater to a wide range of tastes and preferences from a centralized hub.   Central to our operational philosophy is the complete ownership of our diverse restaurant brands. This strategic decision empowers STIQ to uphold stringent quality standards, ensuring consistency and customer delight. Moreover, brand ownership grants us the agility to adapt swiftly to dynamic market trends and evolving customer demands. Beyond culinary expertise, STIQ has deeply ingrained technology into its DNA. We leverage intelligent systems to streamline and optimize every facet of our operations, from order management and delivery route optimization to real-time customer support facilitated by AI-powered chatbots. This technology-driven approach ensures prompt and efficient delivery while providing a seamless and user-friendly customer experience.  

Innovation & Scalability

STIQ's approach to online food delivery is driven by innovation. Our unique multi-brand cloud kitchen model allows us to operate numerous restaurant brands within a single, optimized space. This not only maximizes efficiency and reduces overhead but also enables us to quickly adapt to market demands and customer preferences.   Technology is at the heart of our operations. We've developed proprietary technology to streamline everything from order management and production to delivery and customer support. Our AI-powered solutions ensure fast, cost-effective deliveries and provide a seamless customer experience.   We believe in owning our brands. This gives us complete control over quality, consistency, and the customer experience, allowing us to quickly adapt to changing preferences and trends.   But innovation isn't just about technology and efficiency. It's also about creating new possibilities. That's why we're expanding our offerings with personalized meal plans and physical stores for our most popular brands. We're not just changing how people order food online; we're changing how they experience food in their everyday lives.   This innovative approach, combined with our strategic partnerships and data-driven decision-making, makes STIQ a highly scalable business. We're poised for growth in the global online food delivery market, bringing our unique blend of efficiency, adaptability, and customer focus to new markets and customers.

Traction & achievements

STIQ has achieved significant traction since its launch in 2022. - Operational Growth: Established 5 operational hubs in Greece, launched 20 unique brands, and achieved an annualized revenue of approximately €16 million.   - Technology Development: STIQ has successfully launched its own last-mile delivery application with live tracking, improving delivery efficiency and customer experience.   - Strategic Partnerships: Secured successful collaborations with famous chefs and brand ambassadors.   - Funding: Secured >€10 million in funding - Market Penetration: Population coverage of >3 million, with plans to expand further

Team & Why Us

STIQ boasts a strong and experienced team with a proven track record in the food and technology industries. The team is led by CEO and Founder Konstantinos Davaris, who previously founded FlexCar, and includes executives with experience from companies like Coca-Cola, Deloitte, McKinsey, and start-ups. STIQ's combines uniquely several factors: - First-mover advantage: STIQ is the world's first fully vertical, tech-driven restaurant franchise concept.   - Proven business model: STIQ has demonstrated the effectiveness of its model in the Greek market, achieving significant revenue and operational efficiency. - Strong team: The experienced team has the expertise to scale the business and navigate the complexities of international expansion. - Unique value proposition: STIQ offers a compelling franchise model with lower upfront investment, rapid market entry, and adaptability compared to traditional franchises.   - Large and growing market: The global online food delivery market presents a significant opportunity for STIQ's innovative approach.

Funding Needs

STIQ is partnering exclusively with specific investors. The company currently has a very healthy cap table with the vast majority of shares held by the team.