F
Fiksu Ruoka Oy (Foodello)
An e-commerce fighting against food waste
About Fiksu Ruoka Oy (Foodello)
Fiksu Ruoka Oy, which operates internationally as Foodello, is a Finnish e-commerce company established in 2016 with the mission to reduce food waste. The company was founded by Richard Lindroos, who was later joined by co-founders Riku Poutanen and Juhani Järvensivu. Lindroos was driven by the challenge of food waste in the food industry and envisioned an online platform to combat it. What began in a garage has since expanded to a company employing over 60 people. Juhani Järvensivu currently serves as the CEO.
Read full description
The core of Fiksu Ruoka's business is an online store that sells surplus and clearance food and consumer goods at significant discounts, typically ranging from 20-90%. The company sources these products directly from manufacturers, importers, and wholesalers. These items are at risk of being discarded for various reasons, such as being discontinued, having updated packaging, being part of an overstock, or approaching their best-before date. This model provides a solution for suppliers to manage excess inventory and for consumers to purchase affordable goods. Revenue is generated directly from the sale of these products through its online platform and mobile application.
Operating in the online grocery market, Fiksu Ruoka serves budget-conscious and environmentally aware consumers. The product assortment is dynamic and includes a wide variety of items such as dry foods, drinks, snacks, household items, and cosmetics. The company emphasizes a data-driven approach, using analytics to guide purchasing, pricing, and digital marketing efforts. Since its inception, the company has successfully saved over 15 million kilograms of food from being wasted. Initially focused on the Finnish market under the name Fiksu Ruoka, the company has expanded its operations to the Netherlands and Belgium under the brand name Foodello. For its logistics, the company utilizes a fulfillment center in Groningen, Netherlands, to process online orders for Western Europe.
At a glance
- Status
- Operational
- Founded
- 2016
- Headquarters
- Helsinki, Finland
- Employees
- 73
- Open positions
- None listed
- Dealroom signal
- 82.3/100
- Industry
- Food
- Sub-industry
- Waste Solution, Food Logistics & Delivery
- Sector
- Energy, Waste Reduction, Food Waste, Sustainable Development Goals, Climate Tech, Nordic Rising Star 2022, Top 50 Nordic Rising Star 2022 Finland, Circular Economy, Hard Tech
- Business model
- Marketplace & ecommerce
- Client focus
- b2b, b2c
Latest news
Press, funding announcements and product moves mentioning Fiksu Ruoka Oy (Foodello).
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| EARLY VC✓Equity / VC | May 2021 | $21M | $84M | Verdane Capital | — |
| SEED✓Equity / VC | Feb 2020 | $2.2M | $8.7M | Undisclosed | — |
Financials
Revenue, earnings and other financial measures where available. Years marked “E” are estimates.
Growth signals
Latest recorded traffic for Fiksu Ruoka Oy (Foodello) is 550K monthly website visits, up 34.1% over the last three months. Fiksu Ruoka Oy (Foodello)'s team grew 4.3% over the past year.
Similar companies
Company identity and context are open; selected comparison metrics preview what is available on the platform.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed7 investors entered at this stage
Fredman Group- IRIlkka Ruotsila
- PVProdeko Ventures
Mikko Kuitunen- PHPetri Heino
- AKAnssi Koivula
Mikko Kärkkäinen
Series A1 investor entered at this stage
Verdane Capital
Other known investors4 additional known investors
Ali Omar
Founders' Edge
Innovestor
Trado Capital
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Fiksu Ruoka Oy (Foodello) on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
See Fiksu Ruoka Oy (Foodello)’s full profile on Dealroom
Request a free trial to see the complete deal history, financials, people graph and growth signals.
Takes under a minute. Already use Dealroom? Log in.







