
Hermeneus
Intermediation-free marketplace connecting food producers and consumers.
Date | Investors | Amount | Round |
---|---|---|---|
- | investor | €0.0 | round |
investor | €0.0 | round | |
investor | €0.0 | round | |
investor | €0.0 | round | |
N/A | €0.0 | round | |
investor | €0.0 | round | |
investor | €0.0 | round | |
€16.9k | Grant | ||
Total Funding | 000k |
EUR | 2021 | 2022 |
---|---|---|
Revenues | 0000 | 0000 |
% growth | - | 41 % |
EBITDA | 0000 | 0000 |
Profit | 0000 | 0000 |
% profit margin | 3 % | 6 % |
EV | 0000 | 0000 |
EV / revenue | 00.0x | 00.0x |
EV / EBITDA | 00.0x | 00.0x |
R&D budget | 0000 | 0000 |
Source: Company filings or news article
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Hermeneus provides a digital platform that directly connects food producers with consumers, eliminating intermediaries. This model allows producers to set their own prices and manage their online sales strategy, while consumers gain access to high-quality, artisanal, and local products with transparent origins. The platform is structured as a responsible consumption community where sellers can open their own online store with minimal cost. Hermeneus' business model involves buyers paying an annual fee, with no sales commissions charged to either the buyer or the seller, ensuring fairer prices and better profits for producers. The company also integrates logistics solutions to facilitate home delivery.
Founded by CEO Eduardo Elorriaga, Hermeneus World has over a decade of experience in digitalizing commercial ecosystems. Its proprietary software, Digital Market, is designed to digitize complex commercial networks and create community-wide marketplaces. This approach has been recognized by the European Commission as a best practice for revitalizing small businesses. The company's projects include digitizing Barcelona's municipal markets and developing functionalities for local eco-friendly delivery operators.
Keywords: food marketplace, direct-to-consumer, agri-food technology, local commerce, responsible consumption, producer platform, sustainable food system, online grocery, artisanal products, farm-to-table, food e-commerce, digital market, logistics integration, small business digitization, local producers, food supply chain, no intermediaries, transparent pricing, gourmet products, community marketplace