Milkit

Company Overview

Snapshot

Founded in December 2013 by Assaf Blank and Maayan Kahn, Milkit operates with 1–10 employees. The company has raised $750,000 across one funding round from one investor. In June 2016, Milkit secured seed funding from Allan (Chanoch) Barkat.

Business overview

Milkit develops a milk dispensing system designed for the food service industry. Its core product features a large, durable, tear-resistant milk bag connected to an electric tap, providing a clean, economical, and environmentally friendly solution for milk dispensing. The company operates within the Agriculture & Food Technologies sector, specifically focusing on Food Tech, Produce Preservation, and Food Trade & Services, targeting restaurants and the broader food retail and consumption market.

Strategic signal

In April 2019, Milkit's milk-on-tap system was highlighted for its potential to eliminate spilled milk, signaling a focus on practical, waste-reducing solutions within the food service industry. This indicates the company's commitment to improving efficiency and sustainability in commercial kitchens, which is a strong value proposition for investors looking at operational improvements and environmental impact.

Company Intelligence Q&A

When was Milkit founded and by whom?

Milkit was founded in December 2013 by co-founders Assaf Blank and Maayan Kahn.

What is Milkit's primary product?

Milkit's primary product is a milk dispensing system that uses a large, durable milk bag connected to an electric tap, designed for the food service industry.

What is Milkit's total disclosed funding?

Milkit has raised a total of $750,000 in disclosed funding. This was secured in a single seed funding round in June 2016.

Which investor participated in Milkit's seed funding round?

In June 2016, Milkit received $750,000 in seed funding from Allan (Chanoch) Barkat.

What market does Milkit primarily serve?

Milkit primarily serves the food service industry, including restaurants, with its milk dispensing system.