Tech Company Financing Transactions
Imperfect Foods Funding Round
Imperfect Foods secured a $72 million Series C funding round on 5/21/2020. Backers included Insight Venture Partners and Norwest Venture Partners.
Transaction Overview
Company Name
Announced On
5/21/2020
Transaction Type
Venture Equity
Amount
$72,000,000
Round
Series C
Investors
Insight Venture Partners (Lead Investor) (Adam Berger)
Proceeds Purpose
The company intends to use the funds to accelerate expansion of its grocery delivery service across the country, increase capacity in new and existing fulfillment centers, expand assortment and enhance technology to connect producers, farmers and customers.
Company Information
Company Status
Private & Independent
Industry
Transportation
Mailing Address
1616 Donner Ave.
San Francisco, CA 94124
USA
San Francisco, CA 94124
USA
Phone
Website
Email Address
Overview
Imperfect Foods was founded in 2015 with a mission to eliminate food waste and build a better food system for everyone. We offer imperfect (yet delicious) produce, affordable pantry items, and quality eggs and dairy. We deliver them conveniently to our customers' doorsteps and pride ourselves on offering up to a 30% discount compared to grocery store prices.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Philip Behn
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We do our best to report on every notable VC transaction. VC investment data records reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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