Fridge No More offers 15-minute grocery delivery via iOS and Android using its proprietary network of “cloud stores” positioned within a 1-mile delivery radius. The company has built a data-rich platform for inventory and order management that is iteratively optimized to store-specific customer demand. Fridge No More aims to deliver groceries at high speed by controlling both inventory and fulfillment through its cloud-store footprint. Co-founded by Pavel Danilov and Anton Gladkoborodov, the team is focused on expanding operational capacity alongside product development. The company plans to use new capital to grow its engineering and operations teams and to scale its network of cloud stores. No revenue or user metrics were disclosed in the article. Fridge No More is a grocery delivery service operating in New York. The project is led by a co‑founder of Coub and an investor associated with Samokat. According to vc.ru the company recently raised $1.5M. Earlier VC commentary cited in the article argued the project might not take off. Public comments on the piece raised concerns about unit economics—customer acquisition costs, courier expenses and other operating costs. Commenters also questioned how instant delivery and a pattern of frequent small orders would be monetized, and some suggested an exit to a large player as a possible outcome.

Total raised

$17M

Funding rounds

2

Latest round

Series A

Latest activity

Mar 2021