Too Good To Go

Too Good To Go

Mobile app connecting consumers to surplus food

About Too Good To Go

Simplify's Rating
Why Too Good To Go is rated
B
Rated B on Competitive Edge
Rated A on Growth Potential
Rated C on Differentiation

Industries

Food & Agriculture

Consumer Software

Company Size

1,001-5,000

Company Stage

N/A

Total Funding

$75.3M

Headquarters

Copenhagen, Denmark

Founded

2016

Overview

Too Good To Go focuses on reducing food waste by connecting consumers with local stores and restaurants through a mobile app. The app allows users to purchase surplus food at discounted prices, making it an affordable option for meals while helping businesses minimize waste and generate revenue from unsold inventory. The company operates on a commission-based model, earning a fee for each transaction made on its platform. This not only benefits consumers and businesses economically but also has a positive environmental impact by reducing food waste. With a strong presence in multiple countries across Europe and North America, Too Good To Go leverages technology to enhance visibility for participating businesses and attract new customers, creating a beneficial situation for all involved.

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Simplify's Take

What believers are saying

  • Increased consumer interest in sustainable solutions boosts demand for Too Good To Go's app.
  • Partnerships with tech companies enhance platform capabilities for efficient food management.
  • Success in Miami indicates a strong model for expansion into other U.S. cities.

What critics are saying

  • Competition from companies like Albertsons and Uber could impact market share.
  • Financial challenges in the food waste market pose risks to Too Good To Go's stability.
  • Expansion into new markets presents risks related to local competition and adaptation.

What makes Too Good To Go unique

  • Too Good To Go offers a unique app connecting consumers with surplus food at discounts.
  • The company operates globally, with a strong presence in Europe and North America.
  • Its commission-based model benefits both consumers and businesses economically.

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Funding

Total Funding

$75.3M

Above

Industry Average

Funded Over

3 Rounds

Convertible funding comparison data is currently unavailable. We're working to provide this information soon!
Convertible Funding Comparison
Coming Soon

Benefits

Health Insurance

Hybrid Work Options

Paid Vacation

Unlimited Paid Time Off

Growth & Insights and Company News

Headcount

6 month growth

↑ 0%

1 year growth

↑ 0%

2 year growth

↑ 0%
PR Newswire
Jul 17th, 2024
Too Good To Go Y Whole Foods Market Unen Fuerzas En Todo Estados Unidos Para Reducir El Desperdicio De Alimentos

La iniciativa establece un nuevo eståndar de sostenibilidad en la industria y ayudarå a reducir el desperdicio de alimentos en mås de 450 tiendas en todo el paísNUEVA YORK, 17 de julio de 2024 /PRNewswire-HISPANIC PR WIRE/ -- Too Good To Go, la compaùía que opera la app mås grande del mundo salvar los excedentes de comida y evitar su desperdicio, y Whole Foods Market, el minorista de alimentos naturales y orgånicos líder en el mundo, se enorgullecen de anunciar una iniciativa a nivel nacional para reducir el desperdicio de alimentos. A partir de hoy, los clientes podrån comprar Surprise Bags de alimentos excedentes en mås de 450 tiendas de Whole Foods Market en todo Estados Unidos a travÊs de la aplicación de Too Good To Go.Este lanzamiento nacional establece un nuevo eståndar: Dos empresas trabajan juntas con el fin de impulsar un cambio significativo en la industria minorista, y significa un paso al frente importante en el compromiso de ambas compaùías para reducir el desperdicio de alimentos. Too Good To Go y Whole Foods Market marcan un hito y demuestran que es posible impulsar pråcticas cada vez mås sostenibles en toda la industria.Esta iniciativa sin precedentes profundiza el compromiso de Whole Foods Market de reducir a la mitad el desperdicio de alimentos para 2030. Al ofrecer alimentos excedentes a travÊs de la app de Too Good To Go, esta colaboración impacta positivamente en el medio ambiente y proporciona a los clientes acceso a alimentos frescos de alta calidad a un precio reducido. Los clientes podrån elegir entre Prepared Foods Surprise Bags, que contienen sopas y comidas listas para comer, a un precio de $9.99 por un valor de $30, y Bakery Surprise Bags que incluyen panes, muffins, scones y galletas, a un precio de $6.99 por un valor de $21."Estamos entusiasmados por ser parte de la comunidad de Too Good To Go", dijo Caitlin Leibert, Vicepresidenta de Sostenibilidad de Whole Foods Market. "Como parte de nuestro propósito de nutrir a las personas y al planeta, continuamos invirtiendo en formas nuevas e innovadoras para mantener los alimentos no vendidos lejos de los vertederos y empoderando a nuestros clientes para que tomen decisiones con conciencia ambiental

Yahoo Finance
Jul 11th, 2024
Groceries Are Expensive, But They Don'T Have To Break The Bank. Here Are Some Tips To Save

NEW YORK (AP) — If you’ve noticed that you’re paying more than before for the same amount of groceries, you’re not the only one. Inflation is easing slightly, but grocery prices are still high — up 21% on average since inflation started to surge more than three years ago.“When inflation rises, it reduces people’s ability to afford groceries by increasing the overall cost of goods,” said Cassandra Happe, analyst for WalletHub.Unlike some other items, you can't just stop buying groceries when they get pricey. There's nothing you can do about inflation, but you can find ways to save on groceries so they don't heavily impact your wallet or your eating habits. These include using coupons, budgeting, and buying in bulk.Here's are some expert recommendations for saving on groceries:ADVERTISEMENTTry couponsKiersten Torok started using coupons back when she was in high school, after her parents lost their jobs during the 2008 recession. She began relying on them even more in 2020, when she lost her own job during the pandemic. Now she's using her social media platform to help others learn how to save.“When times like these come up, coupons are a necessity for so many Americans,” said Torok, known on Instagram and TikTok as Torok Coupon Hunter.Many might think that using coupons means cutting them out of a magazine

Start-Up
Jun 13th, 2024
Cum Faci Business Fără Să Dai În Burnout: O Discuție Cu Gregoire Vigroux

Lectură de 5 minBurnout-ul te poate găsi în mediul de business, chiar dacă porți haina invincibilului. Gregoire Vigroux, antreprenor în serie și angel investor, a aflat asta acum 10 ani, când burnout-ul l-a găsit și l-a luat pe neașteptate. Cum a făcut față acestuia, ce a schimbat și cum a ajuns să vadă antreprenoriatul prin lentila vulnerabilității, aflăm într-un nou episod din podcast-ul Heat not Burnout.Podcast-ul ”Heat not BURNOUT” este proiectul nostru manifest anti-burnout, încercarea de a discuta cât mai mult pe subiect și de a aduce noi perspective asupra acestei epuizări, pe care ajungem s-o resimțim din ce în ce mai des. Proiect realizat cu sprijinul glo™.glo™ este un dispozitiv electronic ce se utilizează împreună cu consumabilele compatibile ce conțin nicotină, o substanță ce creează dependență. Este destinat consumatorilor peste 18 ani. Acest produs nu este lipsit de riscuri.În episoadele din podcast vom vorbi cu antreprenori, inovatori și specialiști despre pasiunea în muncă, dar și despre resursele la care putem aplea ca să nu ne ardem în procesul creativității.Pentru experiența completă a acestui manifest anti-burnout, te încurajăm să explorezi secțiunea noastră și să-ți iei o pauză

PYMNTS
Jun 4th, 2024
Albertsons And Uber Expand Program Delivering Surplus Food To Nonprofits

Albertsons Companies and Uber Technologies have expanded a program in which they donate and deliver surplus food to local nonprofit organizations and food banks. After being piloted in Washington, D.C., in 2023, the program has been expanded to Boston, Chicago and Denver, the companies said in a Tuesday (June 4) press release. “We are thrilled to partner with Uber to streamline the delivery of excess food to our partner food recovery organizations, ensuring that the food donated from our stores gets to those who need it most,” Suzanne Long, chief sustainability and transformation officer at Albertsons Cos., said in the release

Business Wire
Apr 8th, 2024
Zebra Technologies Launches New Sustainability Partner Recognition Program Globally

LINCOLNSHIRE, Ill.--(BUSINESS WIRE)--Zebra Technologies Corporation (NASDAQ: ZBRA), a leading digital solution provider enabling businesses to intelligently connect data, assets, and people, today announced the launch of its Sustainability Partner Recognition Program to acknowledge channel partners who implement Zebra solutions to achieve sustainable outcomes. The new program is open to all Zebra PartnerConnect hardware and ISV partners globally. “Our Sustainability Partner Recognition Program is important because our end-user customers are increasingly asking us to help them leverage digital and automation solutions to drive sustainable outcomes,” said Bill Cate, Vice President, Marketing, Portfolio and Ecosystems, Zebra Technologies. “Customers need to feel confident that they can easily find and work with credible partners to support them in achieving these outcomes.”. Too Good To Go, the social impact company behind the world's largest marketplace for surplus food, is the first to qualify as a recognized Zebra Sustainability Partner. The Too Good To Go Platform, its end-to-end surplus food management solution, allows grocery retailers to unlock value from excess inventory and reduce food waste

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