YourLocal

YourLocal is a marketplace that enables food vendors to promote and sell excess inventory to local customers in real-time.

  • Stage $1M in TTM Revenue
  • Industry Consumer Services
  • Location New York, NY, USA
  • Currency USD
  • Founded January 2015
  • Employees 7
  • Incorporation Type C-corp
  • Website yourlocal.org

Company Summary

YourLocal is a marketplace that reduces food waste by enabling food vendors to promote and sell excess inventory to local customers in real time. YourLocal keeps a 20% commission.

After passing $1,5M gross revenue in Copenhagen, Denmark we're now bringing our business model to the US where food waste costs vendors $57 billion/annually. We launched a pilot Nov. '18, and have since partnered with 90+ restaurants and sold +10K meals across NYC.

Team

  • Kasper Kastoft Nielsen
    Co-founder, CEO

    Co-founded one of the first content-marketing agencies in Denmark: https://www.revolt.dk
    - Winner of Børsens Gazelle award ’15, ’16 & ́17
    - Successful exit

    Co-founded restaurant Oliver and Black Circus
    - Top rated restaurant in Copenhagen (2012 -2015)

  • Sebastian Dueholm
    Co-founder, COO

    Co-founder of WakieWakie app: https://wakiewakie.app/
    - Acquired

  • Daniel Ratner
    CCO

    Business Development Team Manager at The Muse.
    - Developed & scaled the Business Development team from 3 to 15 - creating a talent pipeline for account executives.
    - Designed an SMB sales opportunity for high performing BDRs - leading to $150k of additional revenue in 1/2 time compared to the normal sales cycle.

  • Rune Knudsen
    Head of Marketing

    Founder of Trysome - an online marketplace created to improve CPG manufacturers understanding of consumer behavior, by connecting and measuring consumer interactions with the desired brands and products.

    Chief Development Officer at Testr

    Account Executive at MDea

Advisors

  • Mike Lightman
    Lasse Gejl
    Unconfirmed
    Christian Hoff
    Unconfirmed

Previous Investors

  • Kristian Løkkegaard
    Unconfirmed
    Christian Hoff
    Peter Sandberg
    Unconfirmed
  • Lasse Gejl
    Unconfirmed

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