Afresh

The smartest solution for fresh

General Information
Company Name
Afresh
Founded Year
2017
Location (Offices)
San Francisco, United States +1
Founders / Decision Makers
Number of Employees
153
Industries
AI, Agriculture, Food and Beverage +3
Funding Stage
Series B
Social Media

Afresh - Company Profile

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.

Taxonomy: AI-powered company, Supply Chain Platform, Fresh Produce, Grocery Retail, Enterprise Software, Forecasting, Software as a Service, Perishable Categories, Retail Technology, Merchandising, Food Waste Reduction, Grocery Operations

Funding Rounds & Investors of Afresh (5)

View All
Funding Stage Amount No. Investors Investors Date
Series B $115.00M 10 Maersk Growth, HighSage Ventures +2 04 Aug 2022
Series A $13.00M - 19 Nov 2020
Series A $12.00M - 20 Jul 2020
Series A $6.14M - 30 Apr 2019
Seed Round $1.65M - 04 Mar 2018

Latest News of Afresh

View All

No recent news or press coverage available for Afresh.

Similar Companies to Afresh

View All
Zaiko - Similar company to Afresh
Zaiko AI-powered invoice scanning for direct store delivery inventory management, eliminating manual data entry for grocers.
ARECO - Similar company to Afresh
ARECO Taste the freshness
Maher Marketing (now part of Epic Sales Partners - Similar company to Afresh
Maher Marketing (now part of Epic Sales Partners Maher Marketing is now part of Epic Sales Partners, the fresh food catalysts driving change in the food industry.
Freshflow - Similar company to Afresh
Freshflow AI-powered food supply chain solutions for retailers. Built for fresh. Minimise food waste and maximise your profits.
Ida - Similar company to Afresh
Ida Fresh success, redefined