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

€

Country

Netherlands

Industry

Food & Beverages,Marketplace

Website

https://www.verstrade.nl/

Founders

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?

When are you aiming to close this round?

Q1 2023

Patent status

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?

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?

Is there a founder with a EUR / Erasmus MC or TUDelft relation?

Graduation year from EUR, Erasmus MC or TUDelft

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