Matsmart

Russia
Artëm, Primorye, Russia

Company profile

Matsmart company profile

Matsmart sells surplus food online. A significant part of the food would otherwise be thrown away due to packaging changes, short or expired expiry dates, or other reasons. In 2017, Matsmart saved 2022 tonnes of food from going to waste. The company has seen explosive growth, reaching recurring revenues of SEK 200 million. Matsmart was founded by Karl Andersson, Erik Södergren and Ulf Skagerström, and launched in Sweden in 2014. Since then, the company has also expanded to Norway and Finland.

Business identity

Contact email
[email protected]
Phone number
+46 70 676 77 57
Operating status
Active
Company type
For Profit
Employee range
101-250 employees
Revenue range
$1M-$10M
Founded
2014-01-01

Headquarters

Country code
RU
Continent
Europe

Capital profile

Funding and company signals

Funding stage
Late Stage Venture
Funding rounds
11
Total equity funding
$185.8M
Last funding
Series D / $43.7M / 2023-11-20
Last equity funding
Series D / $43.7M
Investors
24
Lead investors
7
Founders
2
Articles
27

Founders and investors

Founders

Karl AnderssonUlf Skagerström

Lead investors

Blume EquityD-Ax Corporate Venture CapitalGP BullhoundIKEALeadX Capital PartnersNorrsken VCNorthzone

Investors

Circularity CapitalGP BullhoundIKEANorrsken VCNorthzone