Software:Olio (app)
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| Type | Private |
|---|---|
| Industry | Mobile app |
| Founders | Tessa Clarke, Saasha Celestial-One |
| Headquarters | , |
Areas served | Worldwide (currently in 49 countries) |
| Products | Food-sharing app |
Number of employees | 100 (2023) |
| Website | olioapp |
Olio is a mobile app for sharing by giving away, getting, borrowing or lending things in your community for free, aiming to reduce household[1][2] and food waste. It does this by connecting neighbours with spare food or household items to others nearby who wish to pick up those items. The food must be edible; it can be raw or cooked, sealed or open. Non-food items often listed on Olio include books, clothes[3] and furniture.[4]
Those donating surplus food can be individuals or companies such as food retailers, restaurants, corporate canteens, food photographers etc., and donations can take place on an ad-hoc or recurrent basis. For example, some supermarket chains in the UK, including Tesco,[5] the Midcounties Co-operative,[6][7] Morrisons, Sainsbury's[8][9] and Iceland[10] have piloted Olio as an 'online food bank' to donate food and to reduce their waste. In March 2022, Olio partnered with Pandamart in Singapore.[11]
First launched in early 2015 by Tessa Clarke and Saasha Celestial-One,[12][13] by October 2017 the company had raised $2.2 million in funding.[14] Olio's Series A funding was led by Octopus Ventures, with investors such as Accel, Quadia and Quentin Griffiths contributing towards the $6 million that was raised.[15] The Olio app had around 7 million registered users as of May 2023.[16]
See also
- Food loss and waste
- Sharing economy
References
- ↑ "Martin Lewis says people are missing out on free cash - 'you may as well get cashback'". Daily Express (UK). December 2022. https://www.express.co.uk/finance/personalfinance/1705887/martin-lewis-cashback-savings-Christmas-money-saving-expert. Retrieved 20 January 2023
- ↑ "I've been using a food-waste app to snap up free food, including coffee-shop salads, cookies, and meat from grocery stores". Business Insider. September 2022. https://www.businessinsider.com/ive-been-using-food-waste-app-snap-up-free-food-2022-9?r=US&IR=T. Retrieved 20 January 2023
- ↑ "Save money on back to school costs as savvy parents cut £205 per child off bills". Daily Mirror. August 2022. https://www.mirror.co.uk/money/save-money-back-school-costs-27781811. Retrieved 20 January 2023
- ↑ "The rise of reuse: How to furnish your home for free, from your bathroom to your kitchen". Evening Standard. August 2022. https://www.standard.co.uk/homesandproperty/interiors/furnish-home-free-bathroom-kitchen-diy-b1013099.html. Retrieved 20 January 2023
- ↑ "Tesco teams up with sharing app Olio to give away wonky fruit". The Grocer. 14 December 2016. https://www.thegrocer.co.uk/home/topics/waste-not-want-not/tesco-teams-up-with-sharing-app-olio-to-give-away-wonky-fruit/546172.article.
- ↑ "Banbury chosen to pilot food waste initiative". Banbury Guardian. 23 May 2018. https://www.banburyguardian.co.uk/news/banbury-chosen-to-pilot-food-waste-initiative-1-8508652.
- ↑ "Midcounties Co-op teams up with food-share app Olio". The Grocer. 29 May 2018. https://www.thegrocer.co.uk/home/topics/waste-not-want-not/redistribution/midcounties-co-operative-teams-up-with-food-share-app-olio/567566.article.
- ↑ "Morrisons teams up with food sharing app Olio to cut waste at south London store". The Grocer. 26 January 2017. https://www.thegrocer.co.uk/home/topics/waste-not-want-not/morrisons-teams-up-with-food-sharing-app-olio-at-london-store/547636.article.
- ↑ "Sainsbury's food waste communities sign up to Olio app". The Grocer. 22 June 2017. https://www.thegrocer.co.uk/home/topics/waste-not-want-not/sainsburys-food-waste-communities-sign-up-to-olio-app/554368.article.
- ↑ "Iceland Launches Partnership With Olio To Offer Families Free Surplus Food". Grocery Gazette. 4 July 2022. https://www.grocerygazette.co.uk/2022/07/04/iceland-olio-free-surplus-food/.
- ↑ "Food-sharing app Olio appoints Yien Li Yap to lead new Singapore operation". Eco Business. 26 April 2022. https://www.eco-business.com/news/food-sharing-app-olio-appoints-yien-li-yap-to-lead-new-singapore-operation/.
- ↑ "Feed thy neighbour? There's an app for that - Xanthe Clay tried out food-sharing app Olio". The Telegraph. 27 February 2016. https://www.telegraph.co.uk/food-and-drink/features/feed-thy-neighbour-theres-an-app-for-that---xanthe-clay-tried-ou/.
- ↑ "Food for London: Olio, the app matching surplus food to hungry Londoners". Evening Standard. 4 November 2016. https://www.standard.co.uk/news/foodforlondon/food-for-london-the-app-matching-surplus-food-to-hungry-londoners-a3387641.html.
- ↑ "Don't Toss That Lettuce — Share It: A free food-sharing app aims to go global with a hyperlocal focus". Insights by Stanford Business (Stanford Graduate School of Business). 23 October 2017. https://www.gsb.stanford.edu/insights/dont-toss-lettuce-share-it.
- ↑ "Olio, the app that lets you share unwanted food items with your neighbours, picks up £6M Series A" (in en-US). 11 July 2018. https://social.techcrunch.com/2018/07/11/olio/.
- ↑ "The Olio story - An entrepreneurs journey - Building a sustainable business.". Disruptive Innovator's Network. 2023-05-18. https://disruptiveinnovatorsnetwork.co.uk/events-experiences/the-olio-story-an-entrepreneurs-journey-building-a-sustainable-business/.
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