Matsmart-Motatos

InternetSeries DStockholm, Swedenmatsmart.se

Latest round

Series D

Last raised

Sep 2022

Total raised

$107M

Investors

10

About Matsmart-Motatos

Founded in 2013 and headquartered in Stockholm, Sweden, Matsmart in Scandinavia AB specializes in the online sale of food and household products.Matsmart specializes in the online sale of food and household products, emphasizing sustainability and cost-effectiveness. The company’s core offerings include a wide variety of grocery items, snacks, beverages, and essential household goods, sourced primarily from manufacturers and retailers looking to reduce excess inventory. By providing these products at discounts of up to 80% compared to normal retail prices, Matsmart aims to address food waste while offering savings to consumers. The customer base primarily consists of individual consumers in Scandinavia, particularly Sweden, who are looking for affordable options and environmentally friendly shopping solutions.20. The company operates on a direct-to-consumer model, generating revenue through online transactions where customers purchase discounted products directly from the company’s website. The transaction structure is primarily based on individual purchases, with the company noting a minimum order value of 299 SEK for new customers. Typical transactions may involve a variety of products, including flagship items like Marabou Milk Chocolate and Party Chocolate Mix, priced competitively to encourage bulk purchases. Additionally, the company leverages promotional strategies to enhance sales, including limited-time offers and seasonal product selections.

Who invested in Matsmart-Motatos

10 investors across 4 rounds

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Funding rounds

  1. Series D

    Sep 1, 2022

    Amount

    $38M

    Investors

    Locked

  2. Series C

    Nov 9, 2021

    Amount

    $27M

    Investors

    Locked

  3. Series C

    Mar 22, 2021

    Amount

    $41M

    Investors

    Locked

  4. Seed

    Oct 1, 2015

    Amount

    $0.6M

    Investors

    Locked

Questions about Matsmart-Motatos

Who invested in Matsmart-Motatos?

Matsmart-Motatos has 10 investors on record across 4 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Matsmart-Motatos raised?

Matsmart-Motatos has raised 4 venture rounds. Sign up free to see how much each round raised and the total.

When did Matsmart-Motatos last raise money?

Matsmart-Motatos's most recent round on record is a Series D, in Sep 2022.

What does Matsmart-Motatos do?

Founded in 2013 and headquartered in Stockholm, Sweden, Matsmart in Scandinavia AB specializes in the online sale of food and household products.

Where is Matsmart-Motatos headquartered?

Matsmart-Motatos is headquartered in Stockholm, Sweden.

Which VCs invest in companies like Matsmart-Motatos?

Among active investors with capital left to deploy, Index Ventures, Forbion, European Investment Bank and Generation Investment Management back internet companies at Matsmart-Motatos's stage. Their profiles are linked below.

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