TAKE

Social Impact Solution to Help Restaurants Donate Surplus Food

Agriculture & Food Technologies
Non Active, Oct 2024 ceased to operate

Company Overview

Snapshot

Founded in January 2016 by Omry Glick and Gil Ben Moshe, TAKE operated with 1–10 employees. The company raised $1.5M across one funding round. TAKE ceased operations in October 2024.

Business overview

TAKE developed a food delivery application designed to facilitate the donation of surplus food from restaurants. The company's model aimed to integrate business interests with social values, committing to match every order on its app with a food donation to those in need. Restaurant managers could use the app to arrange for TAKE delivery personnel to pick up surplus food and distribute it through a network of social activists. TAKE operated within the Agriculture & Food Technologies sector, specifically focusing on Food Tech and Food Trade & Services, targeting consumers and restaurants in Israel and Southeast Asia.

Strategic signal

In October 2024, TAKE ceased operations, indicating a significant shift in its business trajectory. This development signals to investors and innovation teams that the company's social impact model, while innovative, faced challenges that led to its discontinuation.

Company Intelligence Q&A

What is TAKE's primary business model?
TAKE's primary business model involved a food delivery app that facilitated the donation of surplus food from restaurants, aiming to create synergy between business interests and social values by matching every order with a food donation.
When was TAKE founded and by whom?
TAKE was founded in January 2016 by Omry Glick and Gil Ben Moshe.
What was the total capital raised by TAKE?
TAKE raised a total of $1.5M across one funding round.
What is the current operational status of TAKE?
TAKE ceased to operate in October 2024.
What markets did TAKE target?
TAKE targeted geomarkets including Israel and Southeast Asia.