
Food To Save
A company that aims to reduce food waste in Brazil through website/application.
Date | Investors | Amount | Round |
---|---|---|---|
- | investor investor | €0.0 | round |
N/A | €0.0 | round | |
N/A | €0.0 | round | |
* | BRL14.0m | Seed | |
Total Funding | 000k |
USD | 2022 | 2023 |
---|---|---|
Revenues | 0000 | 0000 |
% growth | - | 474 % |
EBITDA | 0000 | 0000 |
Profit | 0000 | 0000 |
EV | 0000 | 0000 |
EV / revenue | 00.0x | 00.0x |
EV / EBITDA | 00.0x | 00.0x |
R&D budget | 0000 | 0000 |
Source: Dealroom estimates
Related Content
FoodToSave is a Brazilian startup operating in the food industry with a unique approach to combat food waste. The company has developed a platform that connects food establishments with consumers, known as "foodsavers," who are committed to reducing food waste.
The business model is simple yet effective. Food establishments select surplus items and package them into a "Surprise Bag," which is then listed on the FoodToSave platform at a discount of up to 70%. Consumers can choose the type of Surprise Bag they want, based on the availability at each establishment. The options include Sweet, Savory, or Mixed bags. Consumers can then choose to have their order delivered or pick it up from the establishment.
FoodToSave operates in a market with significant potential, given that Brazil is among the top 10 countries in the world for food waste, discarding 30% of all food produced. The company's mission is to revolutionize food waste in Brazil and Latin America by encouraging more sustainable consumption habits.
The company generates revenue by charging a fee for each transaction made through its platform. This model not only helps to reduce food waste but also supports local businesses by providing an additional revenue stream for surplus items that would otherwise be discarded.
FoodToSave has already saved over a thousand tons of food from being wasted and currently works with more than two thousand establishments. If you own a restaurant, bakery, coffee shop, confectionery, or fruit and vegetable shop, you can join this movement and make your business more sustainable.
Keywords: FoodToSave, food waste, Brazil, platform, Surprise Bag, sustainable consumption, local businesses, food industry, food establishments, foodsavers.
Investments by Food To Save
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