Fazla

Fazla

Private
İstanbulEnergy & Sustainabilityhttps://fazla.com/

Last Round

VC Round

Jun 7, 2023

Est. Valuation

$43M

Total Funding Raised

$3.61M

Company Overview

Fazla is a technology company based in Istanbul, Turkey, that provides holistic waste management solutions. Founded in 2016 by Olcay Silahlı and Arda Eren, the company's platform enables businesses to manage and reduce waste at the source, ensuring that surplus items are reintegrated into the circular economy. Fazla handles various types of surplus, including food, packaging, textiles, and chemicals, for clients such as Migros, Nestlé, and P&G. The company's goal is to generate environmental, social, and economic value from waste, contributing to sustainability and addressing issues like food insecurity. In June 2023, Fazla raised $6 million in a funding round.

Sector

Energy & Sustainability

Verticals

Waste Management, Circular Economy, Supply Chain, ESG Analytics, Retail Technology

Business Model

B2B

Customer Profile

Marketplace Commission, Subscription SaaS, Services & Consulting, Hardware + Subscription, Government Contracts

AI Layer

Application

Keywords

waste management platformcircular economy platformsurplus inventory managementfood waste reductionB2B surplus marketplacewaste techsurplus food appfood donation platformsustainability consultingrecycling managementwaste trackingcarbon emissions reductionESG analyticsHoReCa waste solutionsIoT smart scale

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Fazla Comps

Public and private peers based on sector, stage, and business model.

CompanyStatusEst. ValuationRev Multiple
OpenAIPrivate$86.0B~40x
CoherePrivate$5.0B--
Competitor 1Public$XX.XBXXx
Competitor 2Public$XX.XBXXx

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Fazla Funding Rounds

Historical fundraising activity

RoundDateAmount RaisedValuationInvestorsSources
VC RoundJun 7, 2023
Series AJul 13, 2021
SeedJul 16, 2018
AcceleratorSep 5, 2017
SeedMay 22, 2017

Fazla Investors

Notable investors and investment history

InvestorRounds
Technology Development Foundation of TurkeyVC Round
TechstarsVC Round, Accelerator
Galata Business AngelsSeed
212.VCSeries A
METRO Accelerator for RetailAccelerator
FoodLabsVC Round, Series A
500 IstanbulSeries A, Seed

Fazla Filings

SEC and related filings with document metadata.

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Fazla Filings

SEC and related filings with document metadata.

Frequently Asked Questions

Common questions about Fazla's valuation, stock price, and market status.

Firmographic Details

Headquartersİstanbul
Year Founded2016
Last FundingJun 7, 2023

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