Foraged
Foraged is the only online marketplace to buy wild mushrooms and specialty foods directly from foragers, farmers, and artisans across the US.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor | €0.0 | round |
* | $2.7m | Seed | |
| Total Funding | 000k | ||
| USD | 2023 |
|---|---|
| Revenues | 0000 |
| EBITDA | 0000 |
| Profit | 0000 |
| EV | 0000 |
| EV / revenue | 00.0x |
| EV / EBITDA | 00.0x |
| R&D budget | 0000 |
Source: Dealroom estimates
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Foraged.market is an innovative online marketplace that specializes in wild and specialty foods. This unique platform connects consumers directly with foragers, farmers, and artisans across the United States, offering a diverse range of products such as wild mushrooms, truffles, specialty produce, pantry items, and health and wellness products. The company serves a niche market of food enthusiasts, chefs, and health-conscious individuals who seek high-quality, sustainably harvested, and unique food items that are not typically available in conventional grocery stores.
Foraged operates in the specialty food market, which is characterized by a growing demand for organic, natural, and artisanal products. The business model is based on a marketplace structure where vendors can list their products for sale, and consumers can browse and purchase these items directly through the platform. Foraged makes money by taking a commission on each sale made through its website. Additionally, the company offers a referral program where customers can earn discounts by referring new buyers to the platform, thereby incentivizing word-of-mouth marketing and customer loyalty.
The platform empowers small-scale food entrepreneurs by providing them with a broader reach and an opportunity to grow their businesses. Vendors benefit from the exposure to a dedicated customer base that values sustainability and quality. Foraged also emphasizes the importance of sustainable harvesting practices, ensuring that the products offered are not only unique but also environmentally friendly.
In summary, Foraged.market is a specialized online marketplace that connects consumers with foragers, farmers, and artisans to offer a wide range of wild and specialty foods. The company operates in the specialty food market, serving food enthusiasts and health-conscious individuals. Its business model involves taking a commission on sales and leveraging a referral program to drive growth.
Keywords: wild foods, specialty foods, online marketplace, foragers, farmers, artisans, sustainable harvesting, niche market, food entrepreneurs, referral program.