Afresh was founded in 2017 by Matthew Schwartz, Nathan Fenner, and Volodymyr Kuleshov. The company has not publicly endorsed plans to participate in an IPO.

Afresh is a fresh food technology platform. The company's AI-powered tools help with all aspects of their operations where fresh food is involved, including ordering, managing inventories, and merchandising. As of August 2022, Afresh reported partnerships with more than 3,000 stores across 40 states. The company has raised more than $145 million in venture capital funding from investors including Spark Capital, Insight Partners, VMG Partners, and Bright Pixel Capital. Afresh did not disclose valuation figures following a $115 million Series B fundraising round in 2022.

These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.

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Can you invest in Afresh pre-IPO?

Afresh is a privately held company and is not publicly traded, therefore investing in Afresh pre-IPO is only available to accredited investors. If you meet the accreditation criteria, you can learn more about Forge’s Secondary Marketplace and how to invest in private companies before their potential IPO. If you are not accredited, find out how to begin the process and qualify for new investment opportunities.

Can you sell shares of Afresh before it goes public?

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Is Afresh a publicly traded company?

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To learn more about Afresh potential IPO

Will Afresh go IPO?

Afresh has not yet filed for an IPO. However, it’s important to note that IPOs are not the sole avenue for a private company to transition to public trading. Private companies can also go public through alternative methods such as but limited to Special Purpose Acquisition Companies (SPACs), direct listings, or mergers and acquisitions. Find out which companies are eyeing an IPO on our Tech IPO Calendar 2024.

What is Afresh’s IPO price?

The Afresh IPO price does not exist at this time, as Afresh is still a private company and has not yet conducted an IPO. To explore secondary market data and access private market pricing details and data that may be related to Afresh register for Forge Markets, today.

When was Afresh founded?

Afresh was founded in 2017.

What is Afresh funding to date?

Afresh has raised $432.53MM to date.

Who are Afresh’s major investors?

Spark Capital
Insight Partners
Baseline Ventures
Techstars
Ascolta Ventures
Innovation Endeavors
10X Capital
Food Retail Ventures
VMG Partners
Portfolia

Afresh Funding Rounds and Valuation

Funding History Chart
Funding Round Details
Funding Date Share Class Amount Raised Price per Share Post-Money Valuation Key Investors
08/04/2022 Series B-1 $8.1MM $xx.xx $40.29B Insight Partners, S2g Ventures, Spark Capital, Vmg Partners
Price per Share
$xx.xx
Shares Outstanding
969,144
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Insight Partners, S2g Ventures, Spark Capital, Vmg Partners
08/04/2022 Series B $107.92MM $xx.xx $40.29B Insight Partners, S2g Ventures, Spark Capital, Vmg Partners
Price per Share
$xx.xx
Shares Outstanding
11,621,495
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Insight Partners, S2g Ventures, Spark Capital, Vmg Partners
11/19/2020 Series A-2 $13.52MM $xx.xx $10B Baseline Ventures, Food Retail Ventures, Innovation Endeavors, Maersk Growth
Price per Share
$xx.xx
Shares Outstanding
2,887,835
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Baseline Ventures, Food Retail Ventures, Innovation Endeavors, Maersk Growth
07/20/2020 Series A-1 $12MM $xx.xx $5.82B Baseline Ventures, Food Retail Ventures, Impact Engine, Innovation Endeavors, Maersk Growth
Price per Share
$xx.xx
Shares Outstanding
4,604,140
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Baseline Ventures, Food Retail Ventures, Impact Engine, Innovation Endeavors, Maersk Growth
04/18/2019 Series A $6.3MM $xx.xx $2.74B Baseline Ventures, Innovation Endeavors
Price per Share
$xx.xx
Shares Outstanding
3,776,842
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Baseline Ventures, Innovation Endeavors
03/04/2018 Series Seed $1.67MM $xx.xx $556.67MM Undisclosed Investors
Price per Share
$xx.xx
Shares Outstanding
2,783,326
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Undisclosed Investors
Updated on: Nov 22, 2024

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