Misfits Market is a grocery service with a mission to deliver fresh organic produce, sustainably sourced pantry staples, and other grocery items straight to consumers' doors at up to 40 percent off grocery store prices. The company aims to reduce food waste by working towards the goal of helping food-insecure households in the United States. Misfits Market was founded by Abhi Ramesh and Edward Lando in 2018 and is headquartered in Clackamas, Oregon.
Funding Date | Share Class | Amount Raised | Price per Share | Post-Money Valuation | Key Investors | |
---|---|---|---|---|---|---|
10/17/2023 | Series C-2 | $91.14MM | $xx.xx | $2.67B | Undisclosed Investors | |
Price per Share
$xx.xx
Shares Outstanding
1,000,000
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
|
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09/14/2021 | Series C-1 | $225MM | $xx.xx | $2.06B | Accel, Softbank | |
Price per Share
$xx.xx
Shares Outstanding
2,385,936
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
Accel, Softbank
|
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04/21/2021 | Series C | $208.4MM | $xx.xx | $1.06B | Accel, D1 Capital, Greenoaks Capital, Sound Ventures, Third Kind Ventures, Valor Equity Partners | |
Price per Share
$xx.xx
Shares Outstanding
3,687,122
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
Accel, D1 Capital, Greenoaks Capital, Sound Ventures, Third Kind Ventures, Valor Equity Partners
|
||||||
07/22/2020 | Series B-1 | $14.16MM | $xx.xx | $290.09MM | Greenoaks Capital, Sound Ventures, Third Kind Venture Capital, Valor Equity Partners | |
Price per Share
$xx.xx
Shares Outstanding
1,314,365
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
Greenoaks Capital, Sound Ventures, Third Kind Venture Capital, Valor Equity Partners
|
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07/22/2020 | Series B | $66MM | $xx.xx | $290.09MM | Greenoaks Capital, Sound Ventures, Third Kind Venture Capital, Valor Equity Partners | |
Price per Share
$xx.xx
Shares Outstanding
3,390,089
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
Greenoaks Capital, Sound Ventures, Third Kind Venture Capital, Valor Equity Partners
|
||||||
06/11/2019 | Series A-1 | $2.14MM | $xx.xx | $62.07MM | Greenoaks Capital | |
Price per Share
$xx.xx
Shares Outstanding
1,498,235
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
Greenoaks Capital
|
||||||
06/11/2019 | Series A | $12.4MM | $xx.xx | $62.07MM | Greenoaks Capital | |
Price per Share
$xx.xx
Shares Outstanding
1,992,575
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
Greenoaks Capital
|