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Imperfect Foods Secures $95MM Series D Investment Commitment

Jan 21, 2021•over 4 years ago

Amount Raised

$95 Million

Round Type

series d

San FranciscoGroceryFood And BeverageRetailAgriculture and FarmingE Commerce

Description

Imperfect Foods, the company reimagining sustainable grocery delivery, announces today it received a commitment to fund $95MM in a Series D growth investment. The Series D financing will be led by Insight Partners, who also led the Series C round eight months ago, and Norwest Venture Partners. Imperfect Foods had triple digit growth in 2020 over the year prior, and exited the year with a revenue run rate in excess of $500M.

Company Information

Company

Imperfect Foods

Location

San Francisco, California, United States

About

Founded in 2015, Imperfect Foods is the online grocer at the forefront of eliminating food waste and building a better food system. Imperfect Foods works directly with farmers and producers to rescue, redistribute, and develop goods across multiple grocery categories, including its own private label offerings. Customers enjoy a fully customizable service that is more affordable and more environmentally friendly than the average trip to the grocery store. To learn more, visit imperfectfoods.com. Any forward-looking statements contained herein are made as of the date hereof and are subject to risks and uncertainties, many of which are outside of either company’s control, so actual results may differ materially from those expressed or implied by such forward-looking statements.

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