What is Wasteless?
Founded in 2017, Wasteless offers an integrated platform designed to combat food waste and boost profits for supermarkets. The company's core technology dynamically prices items nearing their expiration date at optimal price points, thereby minimizing spoilage and maximizing revenue from perishable inventory. With a presence in key global markets including New York, Tel Aviv, London, and Amsterdam, Wasteless operates across Europe and the US, demonstrating a significant international reach in its mission to create a more sustainable food supply chain.
How much funding has Wasteless raised?
Wasteless has raised a total of $2M across 1 funding round:
Other Financing Round
$2M
Other Financing Round (2018): $2M with participation from Amsterdam
Key Investors in Wasteless
Amsterdam
GoDaddy is the world's largest domain registrar, managing over 84 million domains and serving more than 20 million customers. It offers a robust platform with 24/7 customer support, a user-friendly interface, and a wide range of services including domain registration, hosting, and website builders. The company caters to businesses seeking an all-in-one solution for establishing their online presence. With comprehensive domain services and reliable hosting, GoDaddy is ideal for professionals looking to enhance their digital footprint.
What's next for Wasteless?
The recent major strategic investment in Wasteless signals a pivotal growth phase for the company, likely enabling expansion of its operational footprint and further development of its dynamic pricing technology. This enterprise-level backing suggests confidence from investors in Wasteless's business model and its capacity to scale its impact. The company is well-positioned to capitalize on increasing regulatory and consumer pressure for food waste reduction, potentially leading to further market penetration and strategic partnerships within the retail sector.
See full Wasteless company page
