FundedIQ
Commerce and Shopping

Matsmart: Funding, Investors & Team (Sep 2026)

Matsmart sells surplus food online. A major part of the food would otherwise be thrown away due to packaging changes, short or expired expiry dates or other reasons. During 2017, Matsmart saved 2022 tonnes of food from going to waste. The company has seen explosive growth, reaching recurring revenues of SEK 200 million. Matsmart was founded by Karl Andersson, Erik Södergren and Ulf Skagerström, and launched in Sweden in 2014. Since then, the company has also expanded to Norway and Finland. Long live the food!

www.matsmart.se LinkedIn Stockholm, Sweden 101-250 employees
Total raised
$27.8M
Rounds
1
Latest
Undisclosed round
Nov 2021

Matsmart has raised $27.8M across 1 funding round on record, the most recent an undisclosed round of $27.8M announced in Nov 2021.

That round is above the $3.4M median round size for Commerce and Shopping companies tracked on FundedIQ over the last two years.

Matsmart Company Profile and Key Stats

Total funding raised
$27.8M
across 1 round on record
Funding rounds on record
1
Latest funding round
Undisclosed round
$27.8M in Nov 2021
Employees
101-250
reported band
Headquarters
Stockholm, Sweden

Latest funding round on record: Nov 2021.

Matsmart Funding Rounds

Date
Round
Amount
Undisclosed round
$27.8M

Matsmart Founders and Leadership Team

Name
Role
Contact
Karl Andersson
CEO
Locked

Contact details for the Matsmart team: 1 of 1 has an email address on file.

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Matsmart Funding Compared to Other Commerce and Shopping Startups

Segment
Companies
Median round
688
$4.2M

Matsmart's latest round of $27.8M is above the median round in Commerce and Shopping. Medians cover the last 24 months of disclosed rounds.

Funded Startups Like Matsmart in Commerce and Shopping and Stockholm

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Matsmart Funding FAQs

What does Matsmart do?

Matsmart sells surplus food online. A major part of the food would otherwise be thrown away due to packaging changes, short or expired expiry dates or other reasons. During 2017, Matsmart saved 2022 tonnes of food from going to waste. The company has seen explosive growth, reaching recurring revenues of SEK 200 million. Matsmart was founded by Karl Andersson, Erik Södergren and Ulf Skagerström, and launched in Sweden in 2014. Since then, the company has also expanded to Norway and Finland. Long live the food!

How much funding has Matsmart raised?

Matsmart has raised $27.8M across 1 round on record. The most recent is an undisclosed round of $27.8M announced in Nov 2021.

When did Matsmart last raise funding?

Matsmart's most recent funding round on record is an undisclosed round of $27.8M, announced in Nov 2021.

Who is the CEO of Matsmart?

Karl Andersson is listed as CEO at Matsmart.

Where is Matsmart headquartered?

Matsmart is based in Stockholm, Stockholms Lan, Sweden.

How many employees does Matsmart have?

Matsmart is in the 101-250 employee band.

How does Matsmart's funding compare to other Commerce and Shopping startups?

Matsmart's latest round of $27.8M is above the $3.4M median round size for Commerce and Shopping companies on FundedIQ across 3,501 tracked companies over the last two years.

About FundedIQ's Matsmart Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Matsmart is left off this page rather than filled in.

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