Better Market
Better Market is a free, B2B communication-based marketplace where verified food and beverage Producers, Buyers, and Agents can discover products, negotiate terms, and finalize wholesale transactions globally.
- Company typePrivate
- Founded2020
- HeadquartersVilnius, Lithuania
- Headcount1–10
- GTM typeB2B
- OfferingDigital Commerce or Content
What Better Market does
Better Market is a B2B communication-based marketplace operated by United Merchants LTD that enables global food and beverage wholesale trading among three verified user roles: Producers, Buyers, and Agents/Brokers. The platform facilitates product discovery, partner search, negotiation, logistics/transport discussion, and transaction finalization, with a vetting process under which only verified profiles can engage in full communication and view extended company information. The operating entity is a private limited company registered in England and Wales, with the website domain registered in Vilnius, Lithuania; the company was founded in 2020 and presently has 1-10 employees.
The core technology is a web-based platform built around user profiles, product catalogs, and communication features. There is no disclosed API, SDK, mobile app, or proprietary technology stack; third-party integrations are limited to Google Analytics, Facebook Custom Audiences, and Google Dynamic Remarketing for advertising and site analytics. All functional scope — discovery, matchmaking, negotiation, and transaction support — is delivered through the same web interface.
The business model is freemium in structure but currently operates entirely on the free side: as of May 2025, all services are free of charge with no subscription fees or per-usage billing, and the Terms of Service reserve the right to introduce paid features in the future. The Privacy Policy now collects credit card details, suggesting backend preparation for billing or transaction processing. Go-to-market is self-service platform registration via bettermarket.io, targeted at enterprise B2B users in the food and beverage wholesale value chain. No customer logos, pricing tiers, user counts, GMV, funding history, or revenue figures are disclosed.
Better Market firmographics
Firmographics- Name
- Better Market
- Legal name
- United Merchants LTD
- Website
- https://bettermarket.io
- Company type
- Private
- Founded year
- 2020
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Better Market is a free, B2B communication-based marketplace where verified food and beverage Producers, Buyers, and Agents can discover products, negotiate terms, and finalize wholesale transactions globally.
- Ownership category
- akta.pro rank
Better Market industry classification
Industry- Product category
- B2B Food Wholesale Marketplace
- NAICS
- General Line Grocery Merchant Wholesalers (42441), Wholesale Trade Agents and Brokers (42512)
- SIC
- Wholesale-Groceries & Related Products (5140)
- akta.pro primary industry
- B2B Marketplaces & Wholesale Platforms (BPAMAGAD)
- akta.pro secondary industry
- Wholesale-to-Business Online Ordering (B2B Food E-Commerce) (AFAIAMAD)
Keywords
Where Better Market is headquartered
LocationHeadquarters
- HQ city
- Vilnius
- HQ country
- Lithuania
- HQ region
- Europe
Markets served
Better Market business model
Business model- GTM type
- B2B
- Offering type
- Digital Commerce or Content
- Cost components
- Technology or R&D, Marketing or Sales, Operations, Personnel
Revenue model
- Current Free Model: As of May 2025, Better Market services are free of charge with no subscription fees or billing for usage. The company reserves the right to introduce paid features in the future, with new terms to be published and users notified in advance.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Freemium | Others | Free access to all platform features |
Distribution channels1 record
Better Market product offering
Product offeringCore offering
Better Market operates a B2B communication-based online marketplace that connects verified food and beverage Producers, Buyers, and Agents for wholesale trading. Users discover product offerings, search for trading partners, negotiate terms, discuss transport and logistics, and finalize transactions through the platform. As of May 2025, all platform services are free of charge with no subscription fees, and only verified user profiles can engage in full communication and view extended company information.
Product overview
Better Market is a B2B communication platform operated by United Merchants LTD that enables food wholesale trading. The single unified product, the Better Market Platform, connects verified Users across three roles—Buyers seeking food/beverage products, Producers offering such products, and Agents facilitating introductions between parties. The platform provides core functionality for product discovery, partner search, negotiation, logistics discussion, and transaction finalization. As of May 2025, platform services are free of charge with no subscription fees.
Differentiator
Problem solved
Functional benefit
Products and services
- Better Market Platform
Companies that use Better Market
Customer profileSegments3 records
Ideal customer profiles3 records
Better Market technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration3 records
Better Market partnerships and signals
Strategic signalRecent moves4 records
Expansion highlights4 records
Better Market competitors and assessment
Company assessmentEmerging players
- Jumbotail: Jumbotail is a B2B grocery and food marketplace targeting retailers and small businesses in India. It overlaps with Better Market in the wholesale grocery sourcing use case, though with a regional rather than global focus.
- WayCool Foods: WayCool operates a B2B food distribution and sourcing platform in South Asia, connecting farmers/producers with retailers and food service buyers. It is comparable to Better Market as a regional B2B food marketplace with similar producer-buyer dynamics.
Direct peers
- Tridge: Tridge is a B2B global food and agriculture marketplace connecting verified buyers and suppliers across categories. It is the closest direct competitor to Better Market in terms of category (F&B wholesale), target users (producers, buyers, agents), and global scope.
- Torg: Torg is a B2B food and beverage marketplace helping brands and retailers source from verified producers across Europe. It directly mirrors Better Market's model of connecting producers and buyers in food wholesale with a verification layer.
Broad incumbents
- Alibaba (1688.com / Alibaba.com): Alibaba's B2B platforms host an extensive food and beverage wholesale category with millions of verified suppliers and decades of buyer relationships. It represents the dominant broad incumbent Better Market must compete against for global B2B food trade.
- Udaan: Udaan is an India-headquartered B2B commerce platform covering multiple categories including FMCG and food. As a broad incumbent with marketplace infrastructure, it competes with Better Market for digital food wholesale buyer attention, particularly in Asia.
Regional players
- Twiga Foods: Twiga Foods operates a B2B food distribution platform linking producers and vendors in East Africa. It shares Better Market's marketplace structure for food wholesale but is regionally focused rather than global.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat2 records
Key risks5 records
Key highlights5 records
Customer concentration
Better Market financial estimates
Financial estimateRevenue estimate
Valuation estimate
Better Market leadership team
Management profileNumber of profiles
Better Market funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Better Market M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Better Market
What does Better Market do?
Better Market operates a B2B communication-based online marketplace that connects verified food and beverage Producers, Buyers, and Agents for wholesale trading. Users discover product offerings, search for trading partners, negotiate terms, discuss transport and logistics, and finalize transactions through the platform. As of May 2025, all platform services are free of charge with no subscription fees, and only verified user profiles can engage in full communication and view extended company information.
Is Better Market a public or private company?
Better Market is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Better Market founded?
Better Market was founded in 2020. It employs 1 to 10 people.
Where is Better Market based?
Better Market is headquartered in Vilnius, Lithuania, in the Europe region.
How does Better Market make money?
One revenue line is on record: current Free Model.
Who are Better Market's main competitors?
Emerging players on record are Jumbotail and WayCool Foods. Direct peers are Tridge and Torg. Broad incumbents are Alibaba (1688.com / Alibaba.com) and Udaan. Twiga Foods is listed as a regional player.
Does Better Market have an API?
No public API is recorded for Better Market.
What industry is Better Market in?
Better Market's product category is B2B Food Wholesale Marketplace. Its primary akta.pro industry code is BPAMAGAD, B2B Marketplaces & Wholesale Platforms, with a secondary code of AFAIAMAD, Wholesale-to-Business Online Ordering (B2B Food E-Commerce). Its NAICS code is 42441 and its SIC code is 5140.