Imperfect Foods reimagines sustainable grocery delivery by selling surplus and cosmetically imperfect produce alongside an expanding catalog of grocery staples through scheduled weekly deliveries. The company transitioned from a regional produce-focused service to a national full-service grocer and added hundreds of items to its catalog. It operates its own last-mile delivery fleet and emphasizes a proprietary "farm to fork" supply chain that reduces intermediaries and waste. With new funding the company plans to double capacity and product assortment in existing facilities, accelerate its private-label program, and improve the shopping experience while supporting farmers and partners. Imperfect Foods reported triple-digit growth in 2020, exited the year with a revenue run rate in excess of $500M, and serves a subscriber base of over 350,000 customers. The company was founded in 2015 and markets itself as a mission-driven online grocer focused on eliminating food waste. Imperfect Foods operates a grocery delivery service that rescues and redistributes food across multiple categories, including produce, shelf-stable goods, dairy, meat and seafood. The company aims to eliminate food waste and build an innovative food system. It has seen strong operational growth recently: average order sizes doubled year over year and weekly order volumes doubled since January. Imperfect Foods plans to use new capital to accelerate national expansion of its grocery delivery service, increase capacity in new and existing fulfillment centers, expand assortment and enhance technology to better connect producers, farmers and customers. Founded in 2015 by Ben Simon and Ben Chesler and led by CEO Philip Behn (named in November 2019), the company is based in San Francisco.

Total raised

$167M

Funding rounds

2

Latest round

Series D

Latest activity

Jan 2021