Foodles

The core of Foodles' business is its proprietary connected smart fridges, designed and manufactured in France, which provide employees with 24/7 access to fresh, chef-prepared meals. The business model is structured around a monthly service fee paid by the client company for the installation and daily restocking of these fridges. Employees can then purchase meals at a subsidized price using a dedicated mobile app that unlocks the fridge and automatically processes the payment for the items taken. This technology-driven approach allows for real-time inventory tracking and analysis of consumer preferences, which helps to optimize stock levels and significantly reduce food waste.

Foodles targets medium to large-sized companies, typically those with 20 to 400 employees per day, and serves various sectors including corporate offices, hospitality, and real estate. The company has established a significant client base that includes major names like Marriott, Hyatt, Ubisoft, and Veepee. Revenue is generated from both the service fees for the fridges and the sale of meals. Since its inception, the company has secured substantial funding, including a €9 million Series A in 2019 and a €31 million Series B in 2021, from investors like Creadev, DN Capital, Bpifrance, and InfraVia Growth. This financial backing has supported its expansion from Paris to other regions in France, Belgium, and the United Kingdom.

The service provides a diverse, rotating menu with hundreds of recipes developed annually, catering to various dietary needs such as vegan and halal. Beyond the smart fridges, Foodles also offers customizable counter services and group ordering to provide a more comprehensive canteen experience. The company emphasizes sustainability by using reusable containers and has achieved B Corp certification, reflecting its commitment to social and environmental standards. Keywords: corporate catering, FoodTech, smart fridges, office canteen, employee meals, B2B food service, workplace dining, connected refrigerator, staff feeding, meal solutions, ready-to-eat meals, office lunch, sustainable catering, food delivery service, flexible canteen, automated retail, employee wellness, food benefits, Parisian startup, European FoodTech, Michaël Ormancey, Clément Bonhomme, B Corp certified, office amenities, workplace technology