Fazla
PrivateLast 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
Historical Pricing
Historical view of private secondary pricing and transaction trends.
Fazla Comps
Public and private peers based on sector, stage, and business model.
Fazla Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| VC Round | Jun 7, 2023 | ||||
| Series A | Jul 13, 2021 | ||||
| Seed | Jul 16, 2018 | ||||
| Accelerator | Sep 5, 2017 | ||||
| Seed | May 22, 2017 |
Fazla Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| Technology Development Foundation of Turkey | VC Round |
| Techstars | VC Round, Accelerator |
| Galata Business Angels | Seed |
| 212.VC | Series A |
| METRO Accelerator for Retail | Accelerator |
| FoodLabs | VC Round, Series A |
| 500 Istanbul | Series A, Seed |
Fazla Filings
SEC and related filings with document metadata.
| Typed | Date | Amount Offered | Amount Sold | Filling | Pages | Download |
|---|---|---|---|---|---|---|
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Frequently Asked Questions
Common questions about Fazla's valuation, stock price, and market status.