Tasteme
Social impact company that focuses on fighting global food waste.
| Date | Investors | Amount | Round |
|---|---|---|---|
N/A | - | ||
| Total Funding | 000k | ||
| USD | 2022 | 2023 |
|---|---|---|
| Revenues | 0000 | 0000 |
| % growth | - | 17 % |
| 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
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Tasteme is a forward-thinking startup that launched its app in April 2021, following its inception in the fourth quarter of 2020. The company operates within the sustainability and food waste management market. Tasteme's primary mission is to address the issue of pre-expired and non-perfect (NG) products by integrating a sharing model that emphasizes directness and immediacy. This approach helps maximize the residual value of products that would otherwise go to waste, thereby reducing carbon emissions and conserving Earth's depleting resources.
The business serves a diverse range of clients, including environmentally conscious consumers, retailers, and producers who are looking to minimize waste and contribute to a more sustainable future. By connecting these stakeholders through its app, Tasteme facilitates the redistribution of products that are still perfectly good to use but might not meet traditional retail standards.
Tasteme operates on a business model that leverages technology to create a marketplace for these products. The app acts as a platform where users can list and find items that are nearing their expiration date or have minor imperfections. This model not only helps in reducing waste but also offers consumers the opportunity to purchase goods at a lower cost, thereby creating a win-win situation for both sellers and buyers.
Revenue generation for Tasteme comes from transaction fees charged on each sale made through the app. Additionally, the company may explore partnerships with retailers and producers who are keen on reducing their waste footprint, potentially opening up new revenue streams through collaborations and sponsorships.
In summary, Tasteme is a startup that uses technology to tackle food waste, benefiting both the environment and consumers. It operates in the sustainability market, serving eco-conscious clients and making money through transaction fees and potential partnerships.
Keywords: food waste, sustainability, sharing model, app, pre-expired products, NG products, carbon emissions, resource conservation, marketplace, eco-conscious.