About Smartway
Smartway is a company based in Saint-herblain (France) founded in 2012 by Nguyen Thang. It operates as a SaaS (Software-as-a-Service), and Professional Services. Smartway has raised $11.83 million across 1 funding round from investors including Supernova Invest, Evolem and Holnest. Smartway offers products and services including Food Waste Management System, Fresh Operating System, and Drive Change. Smartway operates in a competitive market with competitors including RELEX, Wasoko, TradeGecko, ZopSmart and Vend, among others.
- Headquarter Saint-herblain, France
- Founders Nguyen Thang
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Sectors
RetailTechnology
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Zero Gâchis Sas
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$11.83 M (USD)
in 1 rounds
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Latest Funding Round
$11.83 M (USD), Series A
Apr 07, 2021
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Investors
Supernova Invest
& 4 more
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Employee Count
Employee Count
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Products & Services of Smartway
Smartway offers a comprehensive portfolio of products and services, including Food Waste Management System, Fresh Operating System, and Drive Change. 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.
Platform to manage food waste using AI technology.
System to optimize fresh produce inventory management.
Service to drive operational change in stores.
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Funding Insights of Smartway
Smartway has successfully raised a total of $11.83M through 1 strategic funding round. The most recent funding activity was a Series A round of $11.83 million completed in April 2021. 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 1
- Last Round Series A — $11.8M
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First Round
First Round
(07 Apr 2021)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2021 | Amount | Series A - Smartway | Valuation | Supernova Invest |
| 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 Smartway
Smartway has secured backing from 5 investors, including venture fund investors. Prominent investors backing the company include Supernova Invest, Evolem and Holnest. 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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Investment, business support, startup acceleration, property assistance, and philanthropy services are provided by Evolem.
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Founded Year | Domain | Location | |
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Venture capital firm focused on multiple sectors
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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 Smartway
| 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 - Smartway
| 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 |
Smartway Comparisons
Competitors of Smartway
Smartway 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 RELEX, Wasoko, TradeGecko, ZopSmart and Vend, 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 |
Unified platform for retail and supply chain planning is offered.
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| domain | founded_year | HQ Location |
Online B2B marketplace offering groceries for enterprises
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| domain | founded_year | HQ Location |
Provider of cloud-based suite solutions for wholesalers
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| domain | founded_year | HQ Location |
Omni-channel solutions are provided for offline businesses.
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| domain | founded_year | HQ Location |
Cloud-based retail POS solutions
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| domain | founded_year | HQ Location |
SaaS ERP software is offered for multi-industry operations management.
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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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Frequently Asked Questions about Smartway
When was Smartway founded?
Smartway was founded in 2012 and raised its 1st funding round 9 years after it was founded.
Where is Smartway located?
Smartway is headquartered in Saint-herblain, France. It is registered at Saint-herblain, Pays De La Loire, France.
Is Smartway a funded company?
Smartway is a funded company, having raised a total of $11.83M across 1 funding round to date. The company's 1st funding round was a Series A of $11.83M, raised on Apr 07, 2021.
What does Smartway do?
Smartway is engaged in developing AI-based solutions to combat food waste in retail. The companys Food Waste Management System is designed to optimize the handling of short-date products and end-of-life inventory. Operating primarily in the food retail sector, Smartway supports stores in increasing profitability and operational efficiency. Solutions are tailored to engage store teams and facilitate donations to associations. The company also offers the Fresh Operating System to address challenges in fresh produce management.
Who are the top competitors of Smartway?
Smartway's top competitors include RELEX, Wasoko and Shelf Engine.
What products or services does Smartway offer?
Smartway offers Food Waste Management System, Fresh Operating System, and Drive Change.
Who are Smartway's investors?
Smartway has 5 investors. Key investors include Supernova Invest, Evolem, Holnest, IDIA Capital Investissement, and Unexo.