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VersTrade

VersTrade is an online food marketplace connecting food suppliers and food professionals (restaurants, hotels, etc.). VersTrade shortens the food supply chain lowering CO2 emissions and lowering food waste.

Basic details

Amount raising
3M
Location
Utrecht
Industry
Food & Beverages,Marketplace
Founders
linkedin profile of founderlinkedin profile of founderlinkedin profile of founder
Last updated:
November 27, 2022

Key Achievements

  • We increased the number of food suppliers on the platform to ca 300 (+53% compared to 2021. The number of clients (ordering) doubled in 2022 compared to 2021.
  • VersTrade is an online food marketplace open to food professionals. We also implemented a 'whitelabel' version of the VersTrade platform aimed at food/retail chains allowing them to operate in a closed environment.

Premium Details Available

  • Growth rate (month over month)
  • Growth rate (month over month)
  • Monthly Revenue Range
  • Contextual explanation on monthly revenues
  • Number of paying customers
  • Number of active users
  • Percentage of company owned by founders
  • Amount raised in the past
  • Is there a lead investor?
  • Amount in this round already committed
  • When aiming to close this round?
  • Percentage of their time founders are spending on this.
  • Is there a founder with previous c-level or founder experience?
  • Is there a founder with exit experience?
  • Is there a founder with previous sector experience?
  • Is there a women founder with at least 5% in the team?
  • Year founded
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Premium Details

(Data is self reported)
Monthly Revenue
€40K - €100K
Growth rate month over month
Monthly revenue context
Commission fee (10-12%) on the gross merchandise value of the food products ordered.
Number of paying customers
800
Monthly active users
500
How much have you raised in the past?
A strategic investor (corporate) holds a 25% minority shareholding.
Do you have a lead investor?
1 strategic investor
How much of this round already committed?
0
When are you aiming to close this round?
Q1 2023
Patent status
No
Year founded
2020
How much time do the founders spend on the business?
70-89%
Is there a founder with previous co-founder / c-level at startup experience?
Yes
Is there a founder with previous Sector Experience?
Yes
Is there a founder with previous Exit Experience?
No
What percentage of company is owned by founders?
50-59% owned by founders
Is there a women founder with at least 5% of the shares?
No

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