In this article, we will delve into the fascinating world of Olio (app), exploring its many facets and its impact on different aspects of life. From its influence in history to its relevance today, Olio (app) has left an indelible mark on society and continues to generate debate and reflection. Along these lines, we will analyze its evolution over time, its connection with other relevant elements and the experiences of those who have been touched by its presence. Prepare to embark on a journey of discovery and learning about Olio (app), an entity that has captured the attention of individuals of all ages and backgrounds.
Company 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 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 and furniture.
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, the Midcounties Co-operative, Morrisons, Sainsbury's and Iceland 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.
First launched in early 2015 by Tessa Clarke and Saasha Celestial-One, by October 2017 the company had raised $2.2 million in funding. 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. The Olio app had around 7 million registered users as of May 2023.