
Snackwize
Australia wide service that delivers healthy and delicious snacks straight to your office.
Date | Investors | Amount | Round |
---|---|---|---|
AUD400k | Seed | ||
Total Funding | 000k |
USD | 2020 |
---|---|
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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Snackwize, founded in 2016 by corporate health and well-being expert Conor Reynolds, operates as a monthly subscription service delivering healthy snacks to offices across Australia and New Zealand. The idea for the company stemmed from Reynolds' experience as the global market manager for Healthwise, the corporate health brand for Flight Centre Travel Group. He observed that despite workplace wellness initiatives, employees often snacked on unhealthy options due to a lack of convenient, healthy alternatives. This insight led to the creation of a curated, healthy snack box subscription service for businesses.
The company's business model is centered on a recurring monthly subscription, providing a steady revenue stream. Snackwize offers various box sizes and customizes the snack selection based on client preferences and dietary requirements, including options for vegetarian, vegan, gluten-free, and paleo diets. This service is designed to save businesses time and effort in sourcing snacks while promoting employee well-being and productivity. Since its launch, the company has seen significant growth, reportedly doubling its revenue year-over-year and expanding its client base to include prominent companies like Uber, Universal Studios, Deloitte, Red Bull, and Samsung. In June 2018, the company completed a seed funding round of approximately $302.8k.
Snackwize's product offering consists of a rotating selection of healthy snacks, with a focus on Australian brands. The snack boxes feature items such as veggie crisps, raw cacao cookies, wasabi-flavored peas, and organic popcorn, providing alternatives to traditional office snacks like chocolates and chips. The company emphasizes that its snacks are all-natural and free from preservatives. To ensure customer satisfaction, Snackwize offers to replace any snacks that a team does not enjoy in their next delivery. Recently, Snackwize has become part of The Fruit Box Group, a larger entity specializing in workplace deliveries for over 20 years.
Keywords: office snack delivery, healthy snacks, corporate wellness, subscription box, employee wellbeing, workplace productivity, Australian business, B2B service, healthy food delivery, corporate catering, office pantry, recurring revenue, snack subscription, employee perks, New Zealand snacks, corporate health, paleo snacks, vegan snacks, gluten-free snacks, office food service