Foorban Ltd
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Foorban Ltd - overview
Established
2015
Location
Milan, -, Italy
Primary Industry
Internet
About
Foorban Ltd is an innovator in corporate lunch services, providing healthy meal solutions through their unique Foorban Fridge, designed for convenience and efficiency in workplace dining. Founded in 2015 by Marco Mottolese, Riccardo Pozzoli, and Stefano Cavaleri, Foorban Ltd is headquartered in Milan, Italy. The company specializes in corporate lunch services, allowing employees access to nutritious meals. In April 2017, Foorban raised EUR 0.
65 million from individual investors in a funding round intended to enhance its operations. The company has engaged in one notable deal thus far, focused on evolving workplace dining solutions. Foorban offers innovative solutions for corporate lunch services, centered around their core product line, which includes the Foorban Fridge and catering services. The Foorban Fridge provides a contactless dining experience, allowing employees to access healthy meals conveniently within their workplace, addressing the growing demand for nutritious, quick meal options.
In 2023, Foorban reported a revenue of EUR 5,534,535. 50, with an EBITDA of EUR -537,747. 80. The company's revenue model involves direct B2B transactions with corporate clients, allowing firms to subscribe to Foorban's services.
This approach includes installation and maintenance fees for the Foorban Fridge, integrated into client facilities to streamline meal distribution. Foorban aims to expand its product offerings and market reach, leveraging its recent funding of EUR 0. 65 million raised in April 2017. The company plans to launch new meal solutions tailored to the evolving needs of modern workplaces.
Additionally, Foorban is targeting expansion into new urban markets across Italy, focusing on regions with a high concentration of corporate offices to enhance its market presence.
Primary Industry
Internet
Sub Industries
Restaurants & Nightlife, Food & Beverage Distribution, Sales & Marketing Software
Website
www.foorban.com
Verticals
E-commerce, Mobile Apps
Company Stage
Early Stage
Total Amount Raised
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