
Ziscuit
A grocery search engine that delivers instant savings to shoppers and valuable traffic to retailers.
Date | Investors | Amount | Round |
---|---|---|---|
- | investor investor | €0.0 | round |
N/A | €0.0 | round | |
* | $25.0k | Grant | |
Total Funding | 000k |
USD | 2021 | 2022 | 2023 |
---|---|---|---|
Revenues | 0000 | 0000 | 0000 |
% growth | - | 50 % | - |
EBITDA | 0000 | 0000 | 0000 |
Profit | 0000 | 0000 | 0000 |
EV | 0000 | 0000 | 0000 |
EV / revenue | 00.0x | 00.0x | 00.0x |
EV / EBITDA | 00.0x | 00.0x | 00.0x |
R&D budget | 0000 | 0000 | 0000 |
Source: Dealroom estimates
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Ziscuit operates as a reverse auction grocery shopping platform, enabling customers to post their shopping lists and allowing grocery stores to bid to fulfill them. This innovative approach aims to maximize savings for residential shoppers while providing grocery retailers with a competitive edge. The platform incentivizes user engagement through Ziscuit Points, a type of currency that rewards active users. These points can be earned by inviting friends and shopping, and can be applied at checkout for instant savings or used to pay for delivery services. Additionally, both shoppers and retailers have the option to donate Ziscuit Points to food banks, contributing to community welfare. Ziscuit primarily serves residential shoppers and grocery retailers, operating within the online grocery market. The business model revolves around creating a competitive bidding environment that drives down prices for consumers while generating revenue through transaction fees and potential partnerships with grocery retailers.
Keywords: reverse auction, grocery shopping, savings, rewards, Ziscuit Points, delivery, food banks, residential shoppers, grocery retailers, online market.