FreshRealm
3301 N Dallas Ave, Lancaster, California, 75134, United States
Overview
FreshRealm partners with retailers to create fresh-meal destinations and offers an end-to-end solution spanning product design, sourcing, commercialization, manufacturing, logistics, marketing, and promotion. Led by founder and CEO Michael Lippold, the company supplies fresh meals to retail channels across the U.S. The company plans to expand operational facilities nationwide to meet growing retailer demand and increase capacity to deliver over 400 million meals annually. FreshRealm intends to broaden production into additional retail channels, including convenience and club stores, and to leverage its culinary team and proprietary consumer data to drive meal innovation and customization. It also plans continuous improvement of equipment, facility technology, and production capacity, and to expand its national ingredients network to secure supply and service levels. FreshRealm recently closed a $200M capital raise, following a $32M raise one year earlier, to accelerate these growth initiatives. FreshRealm is a Ventura, CA-based fresh meals solution company that partners with retailers to create fresh meals destinations. Led by founder and CEO Michael Lippold, the company employs a team of culinary experts who curate a range of inspired meals using fresh ingredients. FreshRealm provides a complete retail solution, covering product design, sourcing, implementation, meal assembly, logistics, and marketing and promotion. The company raised $32M in funding; backers participating in the round were not disclosed. FreshRealm said it will use the capital to bolster its facilities, product and infrastructure. The goal is to accelerate the rollout of national fresh meals destinations in retail grocery.
- Total raised
- $232M
- Funding rounds
- 2
- Latest round
- Equity
- Latest activity
- Jul 2022
Industries
- B2B
- B2C
- E-Commerce
- Food and Beverage
- Food Processing
Recent funding
Equity
Jul 2022
$200M
Equity
Jul 2021
$32M