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Olio CEO: Founders, don’t fall in love with an idea – obsess over solving a problem

Founder in 5 with Olio CEO Tessa Clarke
Image credit: Olio / UKTN

Tessa Clarke is the CEO and co-founder of Olio, an app for sharing food and other goods that would otherwise be going to waste.

Launched in 2015, Olio has raised over $50m in financing from Cs, impact funds and angel investors. It has grown to a team of approximately 90 people, with seven million users across 63 countries.

It has secured partnerships with the likes of Tesco and Pret and has 85,000 trained volunteers who collect unsold food from local businesses and redistribute it to the community via the Olio app.

The London-headquartered company says more than 100 million portions of food and nine million household items have been shared on its platform. 

In this week’s Founder in Five Q&A, Clarke explains why founders should obsess over solving a problem and not the idea, shares advice for diverse founders raising when the “odds are deeply stacked” against them, and why she’s excited by agtech....