Financials

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Revenues, earnings & profits over time
USD201820192020202120222023
Revenues10.8m10.8m8.1m11.2m19.7m25.1m
% growth--(25 %)39 %76 %27 %
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Recent News about Foodsmart

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Foodsmart is a health-focused startup that aims to revolutionize the way people approach nutrition and meal planning. The company operates in the health and wellness market, specifically targeting individuals and families looking to improve their dietary habits and overall health. Foodsmart offers a comprehensive platform that integrates dietary assessments, nutrition counseling from dietitians, and online food ordering. This unique combination allows users to receive personalized meal plans and have healthy food delivered directly to their doorsteps through partnerships with Instacart, Grubhub, and Walmart.

The primary clients of Foodsmart are individuals seeking to improve their health through better nutrition. This includes people with specific health conditions, such as hypertension, as well as those who are food insecure. Foodsmart's services are also beneficial for families looking to streamline meal planning and make healthier food choices.

Foodsmart's business model is based on a subscription service where members pay for access to the platform's various tools and resources. These include personalized meal plans, access to thousands of healthy recipes, and the ability to order food online. Additionally, Foodsmart offers a rewards program called "Foodsmart Bucks," which allows members to save money on groceries, further incentivizing the use of the platform.

The company makes money through subscription fees and partnerships with food delivery services. By providing a seamless integration of dietary assessments, nutrition counseling, and food delivery, Foodsmart offers a unique value proposition that sets it apart from traditional meal planning and food delivery services.

In summary, Foodsmart is a mission-driven organization that leverages technology and personalized nutrition counseling to help individuals and families eat healthier and achieve their health goals. The company's innovative approach and partnerships with major food delivery services make it a standout player in the health and wellness market.

Keywords: nutrition, meal planning, dietitian, food delivery, health, wellness, personalized, subscription, food insecurity, hypertension.

Tech stack

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Investments by Foodsmart

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ACQUISITION by Foodsmart Nov 2016