Savables is a platform that connects consumers with surplus food from retailers, enabling the purchase of items that would otherwise contribute to food waste. By facilitating the sale of excess inventory, Savables provides affordable food options while reducing environmental impact.
Funding
Funding not disclosed
Founders
Product
Problem
A significant amount of edible food is wasted by retailers due to overstocking, nearing expiration dates, and cosmetic imperfections. This leads to financial losses for businesses and contributes to environmental problems associated with food waste in landfills.
Solution
Savables is a platform designed to connect consumers with surplus food from retailers, offering a marketplace for items that would otherwise be discarded. By providing an avenue for retailers to sell excess inventory at discounted prices, Savables enables consumers to purchase affordable food options while simultaneously reducing food waste. The platform aims to create a mutually beneficial ecosystem where businesses can recoup costs on surplus goods and consumers can access budget-friendly groceries.
Target Audience
Savables primarily targets budget-conscious consumers looking for affordable food options, as well as retailers seeking to minimize food waste and recover costs on surplus inventory.
Features
- Mobile app and web platform for browsing and purchasing surplus food items
- Real-time inventory updates from participating retailers
- Location-based search to find nearby deals on surplus food
- Secure payment processing and order management