Tech Company Financing Transactions
FreshDirect Funding Round
On 9/27/2016, FreshDirect announced $189 million in investment from JPMorgan Chase Bank, private investors and W Capital Partners.
Transaction Overview
Company Name
Announced On
9/27/2016
Transaction Type
Venture Equity
Amount
$189,000,000
Round
Undisclosed
Investors
JPMorgan Chase Bank (Lead Investor)
Proceeds Purpose
The new capital will be used to help FreshDirect build up its manufacturing capacity and open up some new geographies, according to co-founder and CEO Jason Ackerman.
Company Information
Company Status
Private & Independent
Industry
Consumer
Mailing Address
23-30 Borden Ave.
Long Island City, NY 11101
USA
Long Island City, NY 11101
USA
Phone
Website
Email Address
Overview
FreshDirect makes online grocery shopping fast and easy. Find fresh, high quality food and meals, plus all your supermarket brand favorites.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Rick Braddock
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Where The Data Comes From
We do our best to record all VC transactions involving tech companies. All VC database entries reported here are derived from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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