
Feedback
Mobile platform using smart pricing to offer exclusive deals and reduce food waste at top Toronto restaurants.
Date | Investors | Amount | Round |
---|---|---|---|
- | investor | €0.0 | round |
N/A | €0.0 | round | |
$80.0k | Seed | ||
Total Funding | 000k |
USD | 2023 |
---|---|
Revenues | 0000 |
EBITDA | 0000 |
Profit | 0000 |
EV | 0000 |
EV / revenue | 00.0x |
EV / EBITDA | 00.0x |
R&D budget | 0000 |
Source: Dealroom estimates
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Feedback is a mobile platform designed to tackle food waste by offering exclusive, time-specific promotions at top restaurants in Toronto. The platform serves both consumers and restaurant owners. Consumers benefit from access to hundreds of exclusive deals, allowing them to enjoy quality meals at reduced prices. Restaurant owners, on the other hand, can optimize their bottom line through customized smart pricing, which helps to sell surplus food that would otherwise go to waste. Feedback operates in the food service industry, specifically targeting urban areas with a high density of restaurants and tech-savvy consumers. The business model is based on a commission structure, where Feedback earns a percentage of each transaction made through the app. This dual-sided approach not only helps reduce food waste but also provides meals to those in need, making it a socially responsible enterprise.
Keywords: food waste, smart pricing, exclusive deals, Toronto restaurants, mobile platform, surplus food, customized pricing, urban market, commission-based, social enterprise.