Soplaya S.p.A

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Soplaya S.p.A - overview

Established

2017

Location

Udine, -, Italy

Primary Industry

Internet

About

Soplaya Srl, based in Italy, operates a digital B2B marketplace connecting chefs and restaurateurs with local food producers, streamlining the procurement of high-quality ingredients directly from source to kitchen. Founded in 2017 in Udine, Italy, Soplaya Srl provides a platform designed for the food supply chain, facilitating direct connections between producers and food service providers. The company has raised a total of EUR 11. 50 mn through six funding rounds, with its latest funding, a VENTURE DEBT round of EUR 1.


00 mn from Intesa Sanpaolo completed on November 28, 2023. Mauro Germani, one of the founders, serves as the CEO, guiding the company's strategic direction. Soplaya operates as a B2B marketplace specifically designed for the food supply chain, connecting chefs and restaurateurs directly with local producers. Their core offering includes a mobile application that facilitates the ordering of high-quality, fresh, and seasonal ingredients, such as organic and gluten-free products, directly from producers.


By eliminating intermediaries, Soplaya enhances efficiency and sustainability in the procurement process, allowing customers to save up to 20% on purchases. The platform serves a diverse clientele of restaurants and food businesses across various geographical markets in Italy, where the demand for unique and authentic culinary ingredients is robust. Through data transparency and streamlined purchasing processes, Soplaya addresses challenges related to sourcing and procurement that chefs and restaurateurs commonly face. In the most recent year, 2023, Soplaya reported a revenue of EUR 8,121,108.


30 with an EBITDA of EUR -2,612,729. 90. The revenue model is based on direct transactions between producers and clients, primarily restaurants, with a commission-based structure generating income from each successful transaction facilitated through its platform. Soplaya Srl intends to utilize the EUR 1.


00 mn raised in VENTURE DEBT funding to support its operational expansion. The company aims to enhance its product offerings and streamline its services in existing markets while exploring opportunities to penetrate new geographic regions. Specific details on upcoming products have not been disclosed, but the focus remains on improving the efficiency of the food supply chain through innovative solutions.


Current Investors

CDP Venture Capital, P101, Alkemia

Primary Industry

Internet

Sub Industries

Food & Beverage Distribution, Operating Systems (OS), Logistics Software, Analytics & Performance Software

Website

www.soplaya.com

Verticals

E-commerce, Mobile Apps

Company Stage

Angel & Seed

Total Amount Raised

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Soplaya S.p.A - financials

Fiscal Year EndedDec 31, 2017Dec 31, 2018Dec 31, 2019Dec 31, 2020Dec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024
Revenue (USD)13,658323,413855,0411,274,9452,128,404---
% Revenue Growth (YoY)-2267.9%164.4%49.1%66.9%---
EBITDA (USD)(7,270)(37,016)(104,702)(446,678)(1,384,673)---
Operating Income (USD)(7,617)(55,982)(154,655)(446,678)(1,384,673)---
Operating Margin(55.8%)(17.3%)(18.1%)(35.0%)(65.1%)---
% EBITDA Margin(53.2%)(11.4%)(12.2%)(35.0%)(65.1%)---
NET Income (USD)(1,982)(46,492)(133,201)(365,068)(1,051,933)---
% Net Margin(14.5%)(14.4%)(15.6%)(28.6%)(49.4%)---

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