Olio is a mobile app for sharing by giving away, getting, borrowing or lending things in your community for free, aiming to reduce household[1][2] and food waste.
Non-food items often listed on Olio include books, clothes[3] and furniture.
For example, some supermarket chains in the UK, including Tesco,[5] the Midcounties Co-operative,[6][7] Morrisons, Sainsbury's[8][9] and Iceland[10] have piloted Olio as an 'online food bank' to donate food and to reduce their waste.
[11] First launched in early 2015 by Tessa Clarke and Saasha Celestial-One,[12][13] by October 2017 the company had raised $2.2 million in funding.
[14] Olio's Series A funding was led by Octopus Ventures, with investors such as Accel, Quadia and Quentin Griffiths contributing towards the $6 million that was raised.