Volup

Volup

Bringing the high-end food industry to you

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Security Type
CAFES
Categories
Retail, Food & Bev, Technology, Financial Services
Min Investment
$250
Location
Lisbon, , Portugal
No. Investors
72
Website
volup.app

Key Deal Facts

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Friends Invest First
Tackling potential $350 billion market
+ 25.000 users on the platform
Generated +1.500.000€ in extra revenue to partners
€50 Average Order Value compared to €15 industry average
Onboarded over 100 of the Best Restaurants in Portugal
Commitments from 4 Michelin Star chefs to launch new food concepts
Partnership with El Corte Inglés. Biggest retailer in Iberia.

Management Team / Advisory Board Bios

Alvaro Meyer Founder & CEOPassionate about food and tech! Worked at McDonalds for 3 years, youngest manager ever in Spain. Managed a team of 30 people at age 20. Started my first company at 21 and grew its sales from 20k a year to 1.2M, 40 people and over 250k EBITDA., Miguel Brás De Oliveira Head of OperationsHired, onboarded, trained and managed the first fleet to partner with UberEats. Successfully delivering over 1.000 orders/week. Structured Volup's onboarding of drivers to guarantee driver supply with the highest quality standard. Crazy about ops!, Tomás Santos Oliveira CFO & Business Developer ManagerDifferent professional experiences before doing a master degree in Finance at Católica Lisbon.
Worked at EY where hewas involved in national and international M&A projects, leading teams in financial due diligence projects. Passion for food and numbers!, Joana Moreira Costa Account ManagerOur amazing account manager who started working @ 14. Lived and worked abroad while taking her Masters Degree in Communication, Organization and Leadership. Worked at Glovo and beat KPIs by 200%. Currently deals with over 80 of our best partners., Bernardo Maria Rôxo Marketing ManagerStarted his journey in Barcelona, after completing a master in Management. Selected among 1500 candidates to the Fidelidade Trainees Program and was in charge of Marketing projects in Luz Saúde. Worked at Just Eat Takeaway before joining the Volup family.
Amount Raised : €518,290
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Security Description

A CAFES (Contract and Future Equity Stake) can convert into different types of equity upon a Triggering Event, such as: common or preferred stock for a corporation, limited partnership interest for a limited partnership and membership interest for a limited liability company. At the time of the Triggering Event, the specific rights and limitations associated with the equity stake being issued to the investors will be determined and disclosed by the Entrepreneur.

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