Afresh is a United States-based startup that aims to revolutionize the food industry by tackling food waste and improving access to fresh produce. The company's A.I.-powered solution focuses on optimizing ordering, forecasting, and store operations for fresh food departments in brick-and-mortar grocers. This innovative approach has garnered the attention of prominent investors, with a notable $115.00M Series B investment raised on 04 August 2022 from a consortium including Insight Partners, Bright Pixel, Spark Capital, Innovation Endeavors, Portfolia, High Sage Ventures, VMG Partners, Ischyros New York, Maersk Growth, and Walter Robb. Since its founding in 2017, Afresh has made significant strides, with regional and national grocery retailers placing $1.6 billion in produce orders across the US. The company's efforts have also contributed to preventing 34 million pounds of food from going to waste. Afresh's innovative approach not only addresses critical industry challenges but also presents a compelling opportunity for impactful social change. For investors seeking to support a high-potential startup with a strong social mission, Afresh represents a promising investment opportunity within the Agriculture, Food and Beverage, and Logistics sectors.
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