Big Night hits crowdfunding target in less than 24 hours

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Independent restaurant delivery service Big Night has exceeded its fundraising target of £100,000 in less than 24 hours.

At the time of writing the Seedrs equity raise has attracted £108,921 from 66 investors with 39 days left to run.

The cash from the crowdfund will be used to fund platform development, improve reliability and ‘create new exciting features for restaurants and customers’.

Launched during lockdown by The Laughing Heart owner Charlie Mellor and tech industry expert Pavel Baskakov, Big Night is looking to disrupt restaurant delivery with ‘fair pricing for restaurants, expert curation and superior service’.

There are 10 London restaurant currently on the platform including Luca, Levan, Super Ya Ramen, Two Lights and Mangal 2.

A further 10 restaurants have signed up to Big Night and are expected to launch within the next two months.

“We have come a long way in the last three months,” says Mellor. “Our work so far has allowed us to support the places we love through these challenging times by connecting them to their loyal customers’ homes.

"We are really proud of our achievements and are now looking to raise capital to build upon our initial success.”

Mellor says that Big Night is looking to ‘radically empower’ the independent restaurant community by offering ‘fair’ commissions of between 5% and 6.5% and charging customers a flat £1 delivery fee.

Big Night’s delivery drivers are paid a minimum London living wage per hour and can earn more depending on demand.

The platform has also confirmed Clerkenwell Boy as an investor and advisor.