YourLocal

YourLocal

Hvert måltid tæller! Hjælp os med at redde måltider i dit lokalmiljø 🌱🌍

Founded 2015 Denmark

Denmark 11 employees Convertible Note Total: $480.00K Food and Beverage, Sustainability

YourLocal is a Danish startup that aims to combat food waste while providing savings for consumers and additional revenue for local businesses. Founded in 2015, the company's slogan, "Hvert måltid tæller! Hjælp os med at redde måltider i dit lokalmiljø" emphasizes the importance of every meal and encourages assistance in saving meals in the local community. The description outlines how YourLocal offers high-quality surplus food from local retailers at a significant discount of 50-70%, benefitting both businesses and consumers. The company's efforts not only reduce food waste but also help in minimizing methane gas emissions, contributing to sustainability. Operating as an app-based marketplace, YourLocal enables consumers to purchase surplus food from local restaurants at a discounted rate, ensuring that unsold food is utilized. The platform facilitates direct in-app booking and payment, with buyers collecting their orders within a specified time frame. Furthermore, the app allows local businesses to swiftly create offers on surplus food, preventing potential wastage. Notably, offers are showcased in a feed, and users receive push notifications for new deals from the stores they follow. In its last investment round, YourLocal received a Convertible Note investment on 27 January 2020, with participation from SOSV and FOOD-X. This financial backing underscores investor confidence and signifies the potential seen in the company's innovative approach to reducing food waste while creating commercial value. With its impactful business model and backing from notable investors, YourLocal presents an intriguing opportunity for sustainability-conscious investors and aligns with the growing interest in impactful Food and Beverage startups.

Funding Stage	Amount	Investors	Lead Investors	Date
Convertible Note	Undisclosed	2	SOSV, FOOD-X	27 Jan 2020
Angel Round	$260.00K	1	Peter Sandberg	10 Sep 2016
Angel Round	$220.00K	1	Kristian Løkkegaard	01 Jan 2016

Funding Stage

Amount

Investors

Lead Investors

Date

Convertible Note

Undisclosed

SOSV, FOOD-X

27 Jan 2020

Angel Round

$260.00K

Peter Sandberg

10 Sep 2016

Angel Round

$220.00K

Kristian Løkkegaard

01 Jan 2016

FAQ About YourLocal

Hvert måltid tæller! Hjælp os med at redde måltider i dit lokalmiljø 🌱🌍

YourLocal was founded in 2015.

YourLocal is headquartered in Denmark.

YourLocal operates in Food and Beverage and Sustainability. Its work centres on food waste reduction, local retailers, surplus food marketplace and sustainable practices.

YourLocal has approximately 11 employees.

YourLocal has completed 3 funding rounds, raising a total of $480.00K. The latest funding stage is Convertible Note.

Top alternatives and competitors to YourLocal include Squiseat, GoodMeal, COGZ, Full Harvest, REDUCED. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.

YourLocal and Squiseat are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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About YourLocal

Funding Rounds & Investors (3)

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FAQ About YourLocal