Afresh

About:

Afresh is an AI-powered company selling software to track demand and manage orders for fresh produce in grocery stores.

Website: https://afresh.com

Twitter/X: afreshai

Top Investors: Insight Partners, Spark Capital, VMG Partners, Maersk Growth, Baseline Ventures

Description:

Afresh is an AI-powered company selling software to track demand and manage orders for fresh produce in grocery stores. The company is an operator of a fresh-first supply chain platform intended to handle the complexity of perishable categories for brick and mortar retailers and wholesalers. Its platform brings artificial intelligence and machine learning to forecast and ingest millions of data points to provide accurate item-level predictions of future demand to replenish recommendations that account for supply chain constraints and optimize for margin that enable clients to minimize waste, maximize freshness, and multiply business profitability. Afresh was established in 2017 in San Francisco, California by Matt Schwartz.

Total Funding Amount:

$148M

Estimated Revenue Range:

$10M to $50M

Headquarters Location:

Oakland, California, United States

Founded Date:

2017-04-01

Contact Email:

hello(AT)afresh.com

Founders:

Matt Schwartz, Nathan Fenner, Volodymyr Kuleshov

Number of Employees:

51-100

Last Funding Date:

2022-08-04

IPO Status:

Private

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