Motatos - About the company
Motatos is an acquired company based in Stockholm (Sweden), founded in 2012 by Ulf Skagerstrom. It operates as an Online retailer of surplus food items to reduce food waste. Motatos has raised $130M in funding from investors like Northzone, GP Bullhound and Edastra Venture Capital, with last known valuation of $*****. The company has 22 active competitors, including 2 funded and 3 that have exited. Its top competitors include companies like Torg, SweetSpot and Snow Cloud.
Company Details
Online retailer of surplus food items to reduce food waste. It offers a platform for consumers to purchase food and other household products. The business model focuses on preventing food waste by selling items with packaging changes, short expiration dates, or surplus inventory.
- Website
- www.motatos.com/
- Email ID
- *****@motatos.com
Key Metrics
Founded Year
2012
Location
Stockholm, Sweden
Stage
Acquired
Total Funding
$130M in 10 rounds
Latest Funding Round
Last Known Valuation
$***** as on Nov 17, 2016
Ranked
1st among 22 active competitors
Employee Count
124 as on Aug 31, 2026
Similar Companies
Exit Details
Acquired by Discountdragon (Sep 08, 2023)
Motatos's acquisition details
Motatos got acquired by Discountdragon on Sep 08, 2023.
Click here to take a look at Motatos's acquisition in detail
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Motatos's funding and investors
Motatos has raised a total funding of $130M over 10 rounds. Its first funding round was on Oct 06, 2015. Its latest funding round was a Series C round on Aug 29, 2022 for $*****. 8 investors participated in its latest round. Motatos has 17 institutional investors and 7 angel investors.
Here is the list of recent funding rounds of Motatos:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Aug 29, 2022 | 7912467 | Series C | 5778097 | 5083647 | 4934487 | 7940652 |
Nov 09, 2021 | 4248833 | Series C | 3504916 | 3120737 | 3905369 | |
2021 | 4619 | Series C | 4224 | 7682 | 5163 | 8746 |
View details of Motatos's funding rounds and investors
Motatos' founders and board of directors
Founder? Claim ProfileThe founders of Motatos is Ulf Skagerstrom.
Here are the details of Motatos' key team members:
- Ulf Skagerstrom: Co-Founder of Motatos and founder of 1 other company.
View details of Motatos's Founder profiles and Board Members
Motatos' employee count trend
Motatos has 124 employees as of Aug 26. Here is Motatos's employee count trend over the years:
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Motatos's Competitors and alternates
Top competitors of Motatos include Torg, SweetSpot and Snow Cloud. Here is the list of Top 10 competitors of Motatos, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Online retailer of surplus food items to reduce food waste | $130M | 48/100 | ||
2nd | Online food and beverage trading platform | $2.93M | 43/100 | ||
3rd | Online e-distributor offering multi-category grocery products | $454K | 29/100 | ||
4th | Snow Cloud 2018, Helsingborg (Sweden), Funding Raised | Provider of waste management solutions | - | 27/100 | |
5th | Smiling Faces 2003, Stockholm (Sweden), Acquired | Elevating workplace culture with premium coffee, fruit, and break solutions | - | - | 26/100 |
6th | Operator of a B2B marketplace platform for the food industry | - | - | 25/100 | |
7th | foodcircle 2018, Berlin (Germany), Seed | Provider of digital wholesale platform for organic foods | - | 25/100 | |
8th | Provider of retail store aggregating solution for businesses | $64.7M | 24/100 | ||
9th | Provider of tech-based farming services for farmers | - | 24/100 | ||
10th | Online store for baking ingredients | - | - | 24/100 |
Looking for more details on Motatos's competitors? Click here to see the top ones
Motatos's Investments and acquisitions
Motatos has made no investments or acquisitions yet.
Reports related to Motatos
Here is the latest report on Motatos's sector:
News related to Motatos
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Motatos announces new Chairman of the BoardCision•Feb 15, 2023•Motatos, Motatos, Thegrocer, eBay and 2 others
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Matsmart’s SEK 400 Million Equity FinancingGlobal Legal Chronicle•Sep 09, 2022•SEB, Gullspang Re:food, Blume Equity, Motatos
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Ecommerce brand Motatos lands €38 million to tackle growing food waste problemEU-Startups•Sep 01, 2022•Motatos, SEB
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Motatos launches in UK and is ‘60% cheaper than Aldi and Lidl’Retail Gazette•Jun 08, 2022•Motatos, Aldi, Lidl
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Sweden-based food wastage reduction startup Motatos secures €24M funding, to expand global footprintSilicon Canals•Nov 09, 2021•Motatos, SEB, Gullspang Re:food, Motatos and 2 others
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