About Motatos
Motatos is a company based in Stockholm (Sweden) founded in 2012 by Karl Andersson was acquired by Discountdragon in September 2023. It operates as a Direct-to-Consumer (D2C). Motatos has raised $104.98 million across 10 funding rounds from investors including IKEA, SEB and GP Bullhound. Motatos offers products and services including Food Waste Reduction. Motatos operates in a competitive market with competitors including Matsmart, Fiksua ruoka, YourLocal and Froodly, among others.
- Headquarter Stockholm, Sweden
- Founders Karl Andersson
- Stage Minicorn
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Sectors
Retail
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Matsmart In Scandinavia Ab
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$104.98 M (USD)
in 10 rounds
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Latest Funding Round
$38.11 M (USD), Series C
Aug 29, 2022
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Investors
IKEA
& 22 more
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Employee Count
Employee Count
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Acquired by
Discountdragon
(Sep 08, 2023)
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Products & Services of Motatos
Motatos offers a comprehensive portfolio of products and services, including Food Waste Reduction. 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.
Food waste is reduced through discounted surplus sales.
Funding Insights of Motatos
Motatos has successfully raised a total of $104.98M across 10 strategic funding rounds. The most recent funding activity was a Series C round of $38.11 million completed in August 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 10
- Last Round Series C — $38.1M
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First Round
First Round
(06 Oct 2015)
- Investors Count 22
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2022 | Amount | Series C - Motatos | Valuation | SEB , Exor | |
| Nov, 2021 | Amount | Series C - Motatos | Valuation | Blume Equity | |
| Jun, 2021 | Amount | Series C - Motatos | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Motatos
Motatos has secured backing from 23 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include IKEA, SEB and GP Bullhound. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Founded Year | Domain | Location | |
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Early-stage startups are funded by Northzone venture capital.
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Founded Year | Domain | Location | |
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Tech focused early stage VC firm investing in Sweden
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Motatos
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Motatos
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Motatos Comparisons
Competitors of Motatos
Motatos 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 Matsmart, Fiksua ruoka, YourLocal and Froodly, 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 retailed online at discounted prices.
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| domain | founded_year | HQ Location |
Surplus grocery products are sold via an online multi-category store.
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| domain | founded_year | HQ Location |
Near-to-expiry food is purchased at discounts through an online platform.
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| domain | founded_year | HQ Location |
Froodly Go app rewards users for purchasing expiring grocery items to cut waste.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Motatos
Frequently Asked Questions about Motatos
When was Motatos founded?
Motatos was founded in 2012 and raised its 1st funding round 3 years after it was founded.
Where is Motatos located?
Motatos is headquartered in Stockholm, Sweden.
Is Motatos a funded company?
Motatos is a funded company, having raised a total of $104.98M across 10 funding rounds to date.
What does Motatos do?
Motatos is focused on reducing food waste by offering surplus food products at discounted prices through an online platform. Operations are conducted across multiple European markets including Sweden, Finland, Germany, Denmark, and Austria. The initiative is driven to create a sustainable impact in the food retail sector.
Who are the top competitors of Motatos?
Motatos's top competitors include Matsmart, Fiksua ruoka and YourLocal.
What products or services does Motatos offer?
Motatos offers Food Waste Reduction.
Who are Motatos's investors?
Motatos has 23 investors. Key investors include IKEA, SEB, GP Bullhound, Exor, and Axel Johnson.
What is Motatos's valuation?
The valuation of Motatos is $25M as of Nov 2016.