Tech Company Financing Transactions
Alfalfa Funding Round
On 12/7/2022, Alfalfa announced $2 million in Seed financing from Blue Falcon Capital, Algorand and private investors.
Transaction Overview
Company Name
Announced On
12/7/2022
Transaction Type
Venture Equity
Amount
$2,000,000
Round
Seed
Investors
Proceeds Purpose
The company intends to use the funds to expand its brick-mortar footprint across both the Southern California and the NY Tri-State area, with new locations to open in Jersey City and Los Angeles' iconic Larchmont area come 2023, and enhance its in-house, AI-enabled food preparation tools to improve kitchen efficiency.
Company Information
Company Status
Private & Independent
Industry
FoodTech
Mailing Address
1110 Washington Street
Hoboken, NJ 07030
USA
Hoboken, NJ 07030
USA
Phone
Undisclosed
Website
Email Address
Overview
The Alfalfa experience combines elements of life that bring happiness: healthy and delicious salads, doughnuts, and an obsession with delighting our customers. Everything we do, from selecting our ingredients to curating our spaces, is driven by an aspiration for excellence. We believe that those around us deserve to be happy, including our team members, customers, partners, and our broader communities. We strive to continue making the world a happier place through our products, experiences and support of like-minded organizations.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Co-Founder
Andrew Arrospide
Co-Founder
Ben Sobsey
Co-Founder
Dan Sobsey
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