Imperfect Foods is a grocery delivery service that works to reduce food waste by sending its customers unsold produce. The company’s online offerings for various locations across the United States include meat, dairy, produce, snacks, and other grocery items at an affordable price. The mission of Imperfect Foods is to build a better food system by not letting any “imperfect” looking foods go to waste. Imperfect Foods was founded by Ben Simon and Benjamin Chesler in 2015 and is headquartered in San Francisco, CA.
Funding Date | Share Class | Amount Raised | Price per Share | Post-Money Valuation | Key Investors | |
---|---|---|---|---|---|---|
10/31/2022 | Series E | $60.2MM | $xx.xx | $178.07MM | Undisclosed Investors | |
Price per Share
$xx.xx
Shares Outstanding
20,743,977
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
600.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Undisclosed Investors
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02/05/2021 | Series D | $110.8MM | $xx.xx | $569.02MM | Hamilton Lane, Blisce, Insight Partners, Norwest Venture Partners | |
Price per Share
$xx.xx
Shares Outstanding
7,900,000
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
600.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Hamilton Lane, Blisce, Insight Partners, Norwest Venture Partners
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05/20/2020 | Series C | $81.02MM | $xx.xx | $285.72MM | Insight Partners, Norwest Venture Partners | |
Price per Share
$xx.xx
Shares Outstanding
8,949,709
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
600.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Insight Partners, Norwest Venture Partners
|
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10/24/2018 | Series B-2 | $5.41MM | $xx.xx | $216.31MM | Thirty Five Ventures | |
Price per Share
$xx.xx
Shares Outstanding
923,039
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
600.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Thirty Five Ventures
|
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10/24/2018 | Series B-1 | $51.85MM | $xx.xx | $216.31MM | Thirty Five Ventures | |
Price per Share
$xx.xx
Shares Outstanding
5,040,579
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
600.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Thirty Five Ventures
|
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05/05/2017 | Series A-1 | $9.12MM | $xx.xx | $37.91MM | Shasta Ventures, Maveron | |
Price per Share
$xx.xx
Shares Outstanding
2,997,503
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
600.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Shasta Ventures, Maveron
|
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11/08/2016 | Series A-4 | $650,528 | $xx.xx | $21.16MM | Fresh Source Capital, Techammer, Correlation Ventures | |
Price per Share
$xx.xx
Shares Outstanding
1,351,326
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
600.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Fresh Source Capital, Techammer, Correlation Ventures
|
||||||
11/08/2016 | Series A-3 | $2.15MM | $xx.xx | $21.16MM | Fresh Source Capital, Techammer, Correlation Ventures | |
Price per Share
$xx.xx
Shares Outstanding
1,192,128
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
600.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Fresh Source Capital, Techammer, Correlation Ventures
|
||||||
11/08/2016 | Series A-2 | $152,826 | $xx.xx | $21.16MM | Fresh Source Capital, Techammer, Correlation Ventures | |
Price per Share
$xx.xx
Shares Outstanding
62,752
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
600.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Fresh Source Capital, Techammer, Correlation Ventures
|