Algramo
Financials
Estimates*
USD | 2019 | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|
Revenues | 2.3m | 7.1m | 14.8m | 14.8m | 14.8m |
% growth | - | 210 % | 108 % | - | - |
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
$40.0k | Seed | ||
N/A | Seed | ||
£500k | Seed | ||
$2.0m | Seed | ||
$8.5m | Series A | ||
Total Funding | $11.2m |
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Recent News about Algramo
EditAlgramo is a social enterprise focused on revolutionizing everyday consumption by offering smart reusable packaging solutions. The company operates in the consumer goods market, targeting environmentally conscious consumers and businesses looking to reduce plastic waste. Algramo's business model involves selling products in reusable containers that can be refilled, thereby eliminating the need for single-use plastics. Customers save money by purchasing only the amount they need, and they earn rewards for using the smart packaging. The company generates revenue through partnerships with brands and retailers who adopt their refill system. Algramo's innovative approach not only benefits the environment but also provides economic and social advantages by making products more affordable and accessible.
Keywords: reusable packaging, plastic waste reduction, refill system, consumer goods, environmental sustainability, smart packaging, social enterprise, cost savings, brand partnerships, eco-friendly.