Castiron

Castiron

Platform for managing food business operations

About Castiron

Simplify's Rating
Why Castiron is rated
C+
Rated C on Competitive Edge
Rated B on Growth Potential
Rated C on Rating Differentiation

Industries

Food & Agriculture

Data & Analytics

Company Size

11-50

Company Stage

Seed

Total Funding

$5.8M

Headquarters

New York City, New York

Founded

2020

Overview

Castiron.me offers a platform specifically designed for food businesses, especially those that are small-scale or home-based. The main feature of the platform is an order form template that helps businesses gather all necessary customer information at the start of the ordering process, making it easier for customers to place orders. Additionally, Castiron provides secure checkout options and multiple payment methods to enhance the purchasing experience. For business owners, the platform includes tools for managing operations, such as sales reporting and analytics, which help them track performance and identify improvement areas. It also allows businesses to set their availability status, aiding in better planning. Castiron operates on a subscription model, starting with a free trial and then charging a low monthly fee of $1, making it accessible to a variety of food businesses. The goal of Castiron is to simplify the management of food businesses and improve customer interactions.

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Simplify's Take

What believers are saying

  • Increased demand for home-based food businesses boosts Castiron's market potential.
  • The rise of social commerce presents integration opportunities for Castiron's platform.
  • Growing importance of data analytics enhances the appeal of Castiron's analytics tools.

What critics are saying

  • Competition from Nourysh could draw away Castiron's customer base.
  • Strategic shifts post-acquisition may alienate existing Castiron customers.
  • Low-cost subscription model may not be sustainable long-term.

What makes Castiron unique

  • Castiron offers a unique platform tailored for independent cooks and food artisans.
  • The platform provides comprehensive tools like sales reporting and secure checkout.
  • Castiron's low-cost subscription model makes it accessible to small-scale food businesses.

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Funding

Total Funding

$5.8M

Above

Industry Average

Funded Over

1 Rounds

Seed funding is usually the first official round after pre-seed, when a startup has a prototype or concept. It’s typically used to develop the product, test the market, and start building the team. Investors here are often angel investors or early-stage venture capitalists.
Seed Funding Comparison
Above Average

Industry standards

$3.3M
$2M
Netflix
$2.3M
Instacart
$3M
Robinhood
$6M
Castiron

Growth & Insights and Company News

Headcount

6 month growth

0%

1 year growth

0%

2 year growth

5%
EIN News
Nov 22nd, 2024
T.D. Jakes Enterprises acquires Castiron startup

T.D. Jakes Enterprises has acquired tech company Castiron to support underrepresented entrepreneurs by creating Nourysh, an e-commerce platform. This acquisition accelerates their marketplace development by a year. Nourysh offers digital tools like analytics, marketing, inventory management, and payment processing. Last year, the Good Soil Forum invested $250k in startups, and this year awarded $500k. Terms of the acquisition were not disclosed.

PR Newswire
Nov 21st, 2024
T.D. Jakes Enterprises Acquires Castiron to Launch Innovative E-Commerce Platform "Nourysh"

/PRNewswire/ -- In a significant strategic move into the technology sector, T.D. Jakes Enterprises, (TDJE), a social impact holding company, announced the...

Medium
Nov 15th, 2024
T.D. Jakes Acquires Castiron, Invests $500K

T.D. Jakes Enterprises, led by the Dallas megachurch pastor, acquired the tech company Castiron to help small businesses scale up. As part of the acquisition, the enterprise hosted the “Good Soil Forum” and invested $500k in startup capital to support entrepreneurs in 2024.

Castiron
Jun 23rd, 2023
Castiron Demo Series: Website Design Updates | Castiron

That's why Castiron, Inc. is excited to share several of the latest Castiron website design updates and additions, like the ability to add additional pages to your store, customize your website's color palette, customize your homepage, and more.

Castiron
May 2nd, 2023
Castiron Demo Series Episode 6: SEO Customization | Castiron

That's why Castiron, Inc. has created an easy way for Castiron owners to customize their SEO settings!

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