When was Matsmart founded?

Matsmart was founded in 2012 and raised its 1st funding round 3 years after it was founded.

Where is Matsmart located?

Matsmart is headquartered in Stockholm, Sweden.

How many employees does Matsmart have?

As of May 31, 2026, the latest employee count at Matsmart is 147.

Is Matsmart a funded company?

Matsmart is a funded company, having raised a total of $142M across 4 funding rounds to date. The company's 1st funding round was a $***** Series A round, raised on Dec 15, 2015.

How much is Matsmart worth?

The latest valuation of Matsmart is $***** as of Nov 18, 2016.

When was the latest funding round of Matsmart?

Matsmart's latest funding was a $***** Series C round on Nov 20, 2023, with participation from 2 investors.

Where does Matsmart rank among its competitors?

Matsmart ranks 1st amongst 1 active competitors, only 1 of which is funded. Matsmart, which secured $43.6M in Nov, 2023.

Matsmart - 2026 Company Profile, Team & Funding

Matsmart is a series C company based in Stockholm (Sweden), founded in 2012 by Karl Andersson and Ulf Skagerstrom. It operates as an Online retailer of surplus grocery products at discounted prices. Matsmart has raised $142M in funding from investors like IKEA, Circularity Capital and LeadX Capital, with a current valuation of $*****.

Company Details

Online retailer of surplus grocery products at discounted prices. It offers groceries and food products that are overstocked, near to expire, or products with misprints & mislabels. It primarily sells food products to reduce food wastage. In addition, the company also offers personal care products, kitchen supplies, cleaning supplies, pet products, medicines, and more.

Website: www.matsmart.se/
Social
Email ID: *****@matsmart.se
Phone Number: +46 **********

Key Metrics

Founded Year

2012

Location

Stockholm, Sweden

Stage

Series C

Total Funding

$142M in 4 rounds

Latest Funding Round

Series C, Nov 20, 2023, $*****

Post Money Valuation

$***** as on Nov 18, 2016

Investors

IKEA & 10 more

Ranked

1^st among 1 active competitor

Employee Count

147 as on May 31, 2026

Similar Companies

Fiksua ruoka & 8 more

View Matsmart's full profile

Matsmart is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
Matsmart in Scandinavia AB CIN: 556901-6354 , Sweden, Active	Dec 31, 2011	-	-	-

Matsmart has raised a total funding of $142M over 4 rounds. Its first funding round was on Dec 15, 2015. Its latest funding round was a Series C round on Nov 20, 2023 for $*****. 2 investors participated in its latest round. Matsmart has 11 institutional investors.

Here is the list of recent funding rounds of Matsmart:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Nov 20, 2023	5255213	Series C	2131902	7224715	9462892	4950493
2019	8079	Series B	6818	5542	9337	5026
Jan 23, 2018	2932878	Series B	6303695	4198606	IKEA	Northzone & 3 more