# Foodscovery

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/foodscovery

- Industry: Logistics & Distribution
- Headquarters: Pescara, Italy
- Website: www.foodscovery.com
- Total disclosed funding: $0.9M
- Latest round: Seed (Feb 16, 2016)
- Investors on record: 3

## About

Foodscovery is an online platform specializing in betting services, focusing on providing trial bonuses to attract and engage users in a diverse gaming experience.Foodscovery operates as an online betting platform that offers various promotional options to users. The company is headquartered in Pescara, Italy, and has raised a total of EUR 0.8 mn across its Seed funding round on February 16, 2016, with notable investors including Digital Magics, Editoriale il Fatto, and FI.R.A.Foodscovery specializes in online betting platforms that offer promotional options like trial bonuses, allowing users to explore the platform's offerings without financial risk. Users can register easily and access a variety of games and betting markets. The services target both novice and experienced gamblers across regions including Turkey and other permissible markets, fostering a diverse ecosystem for clients.In the most recent financial year, Foodscovery reported a revenue of EUR 123,650.70 and an EBITDA of EUR 22,707.30. The company's revenue model is primarily driven by user engagement through promotional bonuses that incentivize new registrations and ongoing betting activity.Looking ahead, Foodscovery plans to leverage the EUR 0.8 mn raised during the Seed round to enhance its product offerings and expand into new geographic markets. The company is focusing on developing new promotional tools and features aimed at increasing user retention. Specific regions targeted for expansion have not been disclosed, but the company aims to broaden its influence in markets with favorable online betting regulations.

## Funding rounds

- Seed, Feb 16, 2016, $0.9M — Digital Magics, FI.R.A., Editoriale il Fatto

## Investors

- Digital Magics (https://capitalatlas.ai/funds/digital-magics) — Seed
- FI.R.A. — Seed
- Editoriale il Fatto — Seed