Announcing our Series B funding 😱

  1. Product — At its core OLIO is about connecting neighbours so we can live more sustainably by utilising the resources that already exist within our local communities. In the coming months we’ll be rapidly growing our team of developers so we can not only make a dent in the long backlog of improvements needed for the main product, but also launch exciting new features such as ‘Borrow’ and ‘Wanted’. This will help us double down on our challenge to the prevailing (highly destructive) model of consumption, by providing an alternative that’s hyper-local, sustainable and deeply fulfilling. Watch this space…
  2. Food Waste Hero Programme — The pandemic coupled with the accelerating climate crisis has made it clearer than ever, that it’s no longer acceptable for businesses to throw away perfectly good food. Clients such as Tesco, Pret a Manger, Compass Catering and many, many more recognise that working with OLIO is inevitable if they are to achieve zero food waste locations. That’s because internal initiatives and working with discounting apps & charities alone just won’t get them there. We have an *incredibly* strong pipeline and now need to staff up fast to unlock this.
  3. International expansion — We’ve spent the first half of this year experimenting with digital marketing in multiple international markets, and responding to inbound enquiries about the Food Waste Heroes Programme. We’ve narrowed this down to the 10 most promising markets — which are in the Latin American, Asian & Northern European regions — and will be rolling out to those markets over the next 12–24 months.

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Tessa Clarke

Tessa Clarke

Co-Founder & CEO of OLIO, the food sharing app. Getting my head around the climate crisis. Passionate about sustainability, startups & diversity.