Fiksu Ruoka Oy
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Fiksu Ruoka Oy - overview
Established
2016
Location
Espoo, -, Finland
Primary Industry
Internet
About
Based in Espoo, Finland, and founded in 2016, Fiksu Ruoka Oy, trading under the name Fiksuruoka. fi, is an online grocery store intended to offer surplus batches of food and reduce food wastage. The company was co-founded by Logistics Richard Lindroos and CEO Juhani Järvensivu and has approximately 20 employees. In February 2020, the company raised EUR 2 million in Seed funding from Thominvest, Innovestor, and individual investors.
In May 2021, the company raised EUR 19 million in venture funding from Verdane. Fiksu Ruoka Oy store sources food from manufacturers, importers, and wholesalers who have excess supply due to mistakes in demand forecasting, changes in packaging, or expiration of best before dates, allowing vendors to sell their surplus batches and for customers to receive quality food at low costs. The company generates revenue through the purchase of its user on the online store.
Current Investors
Innovestor, Thominvest Group, Verdane
Primary Industry
Internet
Sub Industries
Food, Internet
Website
www.fiksuruoka.fi
Verticals
E-commerce
Company Stage
Angel & Seed
Total Amount Raised
Subscriber access only
Fiksu Ruoka Oy - timeline of key events
Fiksu Ruoka Oy - financials
| Fiscal Year Ended | Nov 30, 2018 | Nov 30, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 |
|---|---|---|---|---|---|---|---|
| Revenue (USD) | 1,270,945.6 | 3,557,855.6 | 3,557,855.6 | 13,715,613.2 | - | - | - |
| % Revenue Growth (YoY) | - | 179.9% | - | - | - | - | - |
| EBITDA (USD) | (306,302.9) | (751,651.2) | (1,669,156.2) | (2,143,014.7) | - | - | - |
| Operating Income (USD) | (311,019.8) | (759,729.1) | (1,693,840.7) | (2,333,933.7) | - | - | - |
| Operating Margin | (24.5%) | (21.4%) | (47.6%) | (17.0%) | - | - | - |
| % EBITDA Margin | (24.1%) | (21.1%) | (46.9%) | (15.6%) | - | - | - |
| NET Income (USD) | (315,730.1) | (770,437.1) | (1,728,157.9) | (2,365,678) | - | - | - |
| % Net Margin | (24.8%) | (21.7%) | (48.6%) | (17.2%) | - | - | - |
Fiksu Ruoka Oy - employee data
Fiksu Ruoka Oy - key contacts
| Name | Position | Start Date | End Date | Vcard | Bio | ||
|---|---|---|---|---|---|---|---|
| Member Board Of Directors | BM |
BM Board Member
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