Froodly

Helsinki, Finland Founded: 2015 • Age: 11 yrs
Froodly Go app rewards users for purchasing expiring grocery items to cut waste.
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About Froodly

Froodly is a company based in Helsinki (Finland) founded in 2015 by Shahram Eivazi. It operates as a D2C. Froodly offers products and services including Froodly Go App. Froodly operates in a competitive market with competitors including Fiksua ruoka and Motatos, among others.

  • Headquarter Helsinki, Finland
  • Founders Shahram Eivazi
  • Sectors
    Retail
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
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Operational Areas
Retail → E-Commerce Platforms & Marketplaces
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
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Products & Services of Froodly

Froodly offers a comprehensive portfolio of products and services, including Froodly Go App. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

App rewards users for buying discounted expiring products to combat food waste.

Funding Insights of Froodly

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investments & Acquisitions by Froodly

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Froodly

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Froodly Comparisons

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Competitors of Froodly

Froodly operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Fiksua ruoka and Motatos, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Surplus grocery products are sold via an online multi-category store.
domain founded_year HQ Location
Multi-category products are offered via an online marketplace.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Froodly

Frequently Asked Questions about Froodly

When was Froodly founded?

Froodly was founded in 2015.

Where is Froodly located?

Froodly is headquartered in Helsinki, Finland.

Who is the current CEO of Froodly?

Shahram Eivazi is the current CEO of Froodly. They have also founded this company.

What does Froodly do?

Froodly Go is a mobile app that helps users find and buy discounted expiring products from K-Market stores, rewarding them with eco points to minimize food waste. It operates by allowing receipt scanning for points, promoting sustainable shopping practices. The app focuses on environmental impact, encouraging purchases that prevent landfill contributions and greenhouse gas emissions in retail areas.

Who are the top competitors of Froodly?

Froodly's top competitors include Fiksua ruoka and Motatos.

What products or services does Froodly offer?

Froodly offers Froodly Go App.

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