Olio (app)

Olio (rendered as OLIO) is a mobile app for food-sharing, aiming to reduce food waste. It does this by connecting those with surplus food to those who need or wish to consume such food. The food must be edible; it can be raw or cooked, sealed or open.[1][2] As part of the initiatives taken on the International Day of Awareness of Food Loss and Waste to reduce food loss and waste, the app is suggested alongside Too Good To Go and Nosh (app) among many others.[3][4][5] OLIO is one of the fastest growing startups after Too Good To Go in terms of volume of new Android downloads in the sustainable food app space.[6]

OLIO
TypePrivate
IndustryMobile app
FoundersTessa Clarke, Saasha Celestial-One
Headquarters
London
,
United Kingdom
Areas served
Worldwide (currently in 49 countries)
ProductsFood-sharing app
Number of employees
17 (2018)
Websiteolioex.com

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,[7] the Midcounties Co-operative,[8][9] Morrisons and Sainsbury's[10][11] have piloted Olio as an 'online food bank' to donate food and to reduce their waste.

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 2.3 million registered users as of Sept 2020.[16] In 2021, Olio raised $43m in Series B, which was led by VNV Global and joined by DX Ventures, the VC arm of food delivery business Delivery Hero.[17][18][19]

See also

References
  1. "Food Waste App OLIO Has Become A Lifeline For Those Who Can't Afford To Feed Themselves". Huffington Post (UK). 7 July 2017. Retrieved 1 July 2018.
  2. "7 best food waste apps for more sustainable eating habits". The Independent. 26 April 2021. Retrieved 2 June 2021.{{cite web}}: CS1 maint: url-status (link)
  3. "12 Apps Preventing Food Waste and Protecting the Planet". Food Tank. 28 September 2021. Retrieved 19 October 2021.{{cite web}}: CS1 maint: url-status (link)
  4. News, Mirage (29 September 2021). "How technology can help avert food waste". Mirage News. Retrieved 19 October 2021.
  5. "How technology can help avert food waste". ITU Hub. 28 September 2021. Retrieved 7 February 2022.
  6. "Too Good to Go and Olio shine as Europeans flock to food waste apps". Retail Technology Innovation Hub. Retrieved 21 April 2022.
  7. "Tesco teams up with sharing app Olio to give away wonky fruit". The Grocer. 14 December 2016. Retrieved 1 July 2018.
  8. "Banbury chosen to pilot food waste initiative". Banbury Guardian. 23 May 2018. Retrieved 1 July 2018.
  9. "Midcounties Co-op teams up with food-share app Olio". The Grocer. 29 May 2018. Retrieved 1 July 2018.
  10. "Morrisons teams up with food sharing app Olio to cut waste at south London store". The Grocer. 26 January 2017. Retrieved 1 July 2018.
  11. "Sainsbury's food waste communities sign up to Olio app". The Grocer. 22 June 2017. Retrieved 1 July 2018.
  12. "Feed thy neighbour? There's an app for that - Xanthe Clay tried out food-sharing app Olio". The Telegraph. 27 February 2016. Retrieved 1 July 2018.
  13. "Food for London: Olio, the app matching surplus food to hungry Londoners". Evening Standard. 4 November 2016. Retrieved 1 July 2018.
  14. "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. Retrieved 1 July 2018.
  15. "Olio, the app that lets you share unwanted food items with your neighbours, picks up £6M Series A". TechCrunch. Retrieved 2 April 2020.
  16. "The app that gets you food for free from your neighbours". Manchester Evening News. 27 July 2019. Retrieved 29 July 2019.
  17. "Food sharing app Olio raises $43m amid a surge in users | Sifted". sifted.eu. Retrieved 25 September 2021.
  18. "Community sustainability app OLIO secures $43m Series B round - Business Leader News". Business Leader. 6 September 2021. Retrieved 25 September 2021.
  19. "Food sharing app OLIO raises $43M Series B, as the world switches on to the food waste crisis". TechCrunch. Retrieved 21 April 2022.


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