b4waste is an impact foodtech that fights food waste selling near-expiring goods at half the price for 33 million Brazilian under some sort of food insecurity. True benefits for retail,people & planet
Current Status
2 years of operation, during which b4waste saved over 2.500 tons of food, equivalent to 3.3 million meals. This has also prevented emissions of more than 4.8 tons of CO2. We average 13.000 orders monthly, with 120 supermarkets connected. Our average frequency is 3.8x / month.
Problem or Opportunity
One third of all food produced is thrown away, while 10% of the global population go hungry. Food waste alone generates 12% of all GHG emissions. At last, food retail loses in average 2% of their revenues due to unsold product at their expiring dates.
Solution (product or service)
A digital app that connects supermarkets with people in need, offering near-expiring goods with 50% discount. We double the consumption power of poor families as we sell goods by half their regular price, reducing retail losses by over 40% and truly preventing GHG emissions.
Business model
b4waste is a marketplace operating through an assetless operation, 20% take-rate based, with a positive cash flow cycle - payments are done in the app and we reimburse sellers 40 days after collecting the cash (holding our comission). No stock, nor logistics, just a small team on marketing, tech and operations.
