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The Hospopreneurs Podcast - 129: Kaddy and The Beverage Industry with Mike Abbott and Rich Coombes

129: Kaddy and The Beverage Industry with Mike Abbott and Rich Coombes

Explicit content warning

05/11/21 • 31 min

The Hospopreneurs Podcast

Co-founded by high school and university mates - Rich Coombes and Mike Abbott - Kaddy, was designed to evolve the antiquated methods of ordering and payment in the beverage industry and operate as a centralised platform to connect venues and retailers - to discover, order, invoice and pay.

Following an $800k angel investor raise and launch in 2019, 2020 saw the business raise another $3.5 million dollars in an oversubscribed round to ultimately list names like KTM Ventures, SpringCapital and Stevan Premutico all on their cap table.

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Co-founded by high school and university mates - Rich Coombes and Mike Abbott - Kaddy, was designed to evolve the antiquated methods of ordering and payment in the beverage industry and operate as a centralised platform to connect venues and retailers - to discover, order, invoice and pay.

Following an $800k angel investor raise and launch in 2019, 2020 saw the business raise another $3.5 million dollars in an oversubscribed round to ultimately list names like KTM Ventures, SpringCapital and Stevan Premutico all on their cap table.

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