Too Good To Go Denmark

About Too Good To Go Denmark

Too Good To Go operates the world's largest B2C marketplace for surplus food, enabling users to purchase "surprise bags" of unsold food from local retailers, cafes, and restaurants at reduced prices. The platform addresses food waste by facilitating the redistribution of surplus food, helping businesses recover costs while promoting environmental sustainability.

```xml <problem> Food retailers, food service providers, and caterers often face the challenge of surplus food that goes unsold, leading to financial losses and environmental consequences. Traditional methods of managing surplus food are inefficient, resulting in significant waste and lost revenue opportunities for businesses. </problem> <solution> Too Good To Go operates a B2C marketplace that connects businesses with surplus food to consumers looking to purchase it at a reduced price. Through the Too Good To Go app, businesses can offer "Surprise Bags" containing unsold food, which users can then reserve and collect in-store. This approach allows businesses to unlock revenue from surplus food, attract new customers, and reduce food waste. Consumers benefit by accessing affordable food options, while collectively contributing to environmental sustainability by minimizing food waste. </solution> <features> - Mobile app for consumers to discover and purchase surplus food from local businesses - Platform for businesses to list and sell "Surprise Bags" of unsold food at a reduced price - Real-time inventory management for businesses to track and manage surplus food - Geolocation-based discovery to connect consumers with nearby participating businesses - Secure payment processing within the app for seamless transactions - Order management and tracking for both businesses and consumers - Reporting and analytics for businesses to monitor revenue from Surprise Bags and track waste reduction </features> <target_audience> The primary users are food retailers, restaurants, cafes, and catering services seeking to reduce food waste and generate revenue from surplus inventory, as well as consumers interested in purchasing food at discounted prices and contributing to environmental sustainability. </target_audience> ```

What does Too Good To Go Denmark do?

Too Good To Go operates the world's largest B2C marketplace for surplus food, enabling users to purchase "surprise bags" of unsold food from local retailers, cafes, and restaurants at reduced prices. The platform addresses food waste by facilitating the redistribution of surplus food, helping businesses recover costs while promoting environmental sustainability.

Where is Too Good To Go Denmark located?

Too Good To Go Denmark is based in Copenhagen, Denmark.

When was Too Good To Go Denmark founded?

Too Good To Go Denmark was founded in 2015.

How much funding has Too Good To Go Denmark raised?

Too Good To Go Denmark has raised 51980000.

Location
Copenhagen, Denmark
Founded
2015
Funding
51980000
Employees
1723 employees

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Too Good To Go Denmark

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Executive Summary

Too Good To Go operates the world's largest B2C marketplace for surplus food, enabling users to purchase "surprise bags" of unsold food from local retailers, cafes, and restaurants at reduced prices. The platform addresses food waste by facilitating the redistribution of surplus food, helping businesses recover costs while promoting environmental sustainability.

toogoodtogo.com50K+
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Crunchbase
Founded 2015Copenhagen, Denmark

Funding

$

Estimated Funding

$50M+

Team (1000+)

No team information available.

Company Description

Problem

Food retailers, food service providers, and caterers often face the challenge of surplus food that goes unsold, leading to financial losses and environmental consequences. Traditional methods of managing surplus food are inefficient, resulting in significant waste and lost revenue opportunities for businesses.

Solution

Too Good To Go operates a B2C marketplace that connects businesses with surplus food to consumers looking to purchase it at a reduced price. Through the Too Good To Go app, businesses can offer "Surprise Bags" containing unsold food, which users can then reserve and collect in-store. This approach allows businesses to unlock revenue from surplus food, attract new customers, and reduce food waste. Consumers benefit by accessing affordable food options, while collectively contributing to environmental sustainability by minimizing food waste.

Features

Mobile app for consumers to discover and purchase surplus food from local businesses

Platform for businesses to list and sell "Surprise Bags" of unsold food at a reduced price

Real-time inventory management for businesses to track and manage surplus food

Geolocation-based discovery to connect consumers with nearby participating businesses

Secure payment processing within the app for seamless transactions

Order management and tracking for both businesses and consumers

Reporting and analytics for businesses to monitor revenue from Surprise Bags and track waste reduction

Target Audience

The primary users are food retailers, restaurants, cafes, and catering services seeking to reduce food waste and generate revenue from surplus inventory, as well as consumers interested in purchasing food at discounted prices and contributing to environmental sustainability.

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