Mazzella won't be an executive but will serve as the director as he joins the Co-Founders Saasha Celestial-One and Tessa Clarke as well as investor Zoe Chambers from Octopus Ventures and Sonali De Rycker from Accel.
BlaBlaCar was started in 2004 in France. It was Mazzella who helped push the company to span the world as it currently operates in 22 countries and with over 70 million users.
“OLIO’s mission is to reduce our environmental impact by changing our behavior around food, just as BlaBlaCar is changing the way that 70 million people use their cars," said Mazzella.
"It is the noblest mission one can think of for the next decade, and can be achieved through the immense power of a large community focused on a single, positive cause."
"I truly see OLIO as the BlaBlaCar for food, and am looking forward to passing on my experience of scaling a sharing economy activity to the point where it can have a real impact.”
OLIO started in the UK in early 2016 and currently has over 850,000 users who have shared over 1.2 million pounds of food. The platform has high liquidity since nearly one half of all food that is added to the app getting requested within two hours or less.
In the summer of 2018, OLIO finished a Series A funding round worth $6 million which is now being used to increase their team and improve their service, which will include their Food Waste Heroes Program which allows retailers, caterers, and other food businesses to achieve little to no food waste.
Clarke said: “I’m absolutely thrilled that Fred will be joining our board. Not only does he share our enormous vision and ambition for OLIO, but he also has incredible experience successfully scaling BlaBlaCar as a product focused founder in the sharing economy sector.
"I’m sure he will be a fantastic addition to our Board and I’m very much looking forward to working together to take OLIO to the next level."
Chambers, who led OLIO’s recent Series A raise added: “Having individuals such as Fred, with his brilliance at creating a fantastic and seamless user experience, and knowhow of starting and scaling a company using technology that allows people to achieve value from otherwise-wasted goods, will be transformative for OLIO moving forward.”
Sonali De Rycker, who led OLIO’s first two rounds of financing and has worked with Fred previously commented: "Fred is an outstanding entrepreneur and has been a true pioneer in the sharing economy. OLIO will benefit enormously from his scaling experience as they look to embark upon the next exciting phase in the business' growth.”
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