About Afresh
Afresh is a company based in San Francisco (United States) founded in 2017 by Sha Sebastian, Nathan Fenner, Volodymyr Kuleshov, and Matt Schwartz. It operates as a SaaS (Software-as-a-Service). Afresh has raised $194 million across 5 funding rounds from investors including Bessemer Venture Partners, Insight Partners and VMG Partners. Afresh offers products and services including Fresh Store Suite and DC Forecast. Afresh operates in a competitive market with competitors including Zenput, Silo, Vendasta, Dmall and SPS Commerce, among others.
- Headquarter San Francisco, United States
- Founders Sha Sebastian, Nathan Fenner, Volodymyr Kuleshov, Matt Schwartz
- Stage Minicorn
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Sectors
Retail
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Email
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Phone
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Website
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Social
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- Legal Name Afresh Technologies, Inc.
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Annual Revenue
Not available
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Net Profit
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EBITDA
Not available
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Total Equity Funding
$194 M (USD)
in 5 rounds
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Latest Funding Round
Not available
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Investors
Bessemer Venture Partners
& 11 more
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Employee Count
Not available
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Products & Services of Afresh
Afresh offers a comprehensive portfolio of products and services, including Fresh Store Suite and DC Forecast.
Platform for managing fresh food inventory and replenishment.
AI tool for distribution center order forecasting.
People of Afresh
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Funding Insights of Afresh
Afresh has successfully raised a total of $194M across 5 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Afresh
Afresh has secured backing from 12 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Bessemer Venture Partners, Insight Partners and VMG Partners.
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Investment firm scaling software and technology companies from early to late stages.
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Multi-sector company acquisitions are managed by VMG Partners.
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Investment in cybersecurity, retail technologies, and emerging sectors through venture capital.
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Investor details for Afresh
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Investments & Acquisitions by Afresh
Investment portfolio details for Afresh
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Financial Statements - Afresh
Detailed financials for Afresh
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Afresh Comparisons
Peer comparison for Afresh
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Competitors of Afresh
Afresh operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Zenput, Silo, Vendasta, Dmall and SPS Commerce, among others.
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Zenput is utilized as an operations execution platform for multi-unit operators.
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Software suite solutions are provided for food distributor businesses.
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All-in-one platform for companies selling digital solutions to local businesses
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Cloud-based software suites are provided for retail businesses.
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Software suite solutions for retail supply chain are provided.
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AI-based solution to automate orders of perishable goods
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Detailed competitors of Afresh
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Latest news on Afresh
Complete news archive for Afresh
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Frequently Asked Questions about Afresh
Afresh was founded in 2017 and raised its 1st funding round 3 years after it was founded.
Afresh is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Matt Schwartz is the current CEO of Afresh. They have also founded this company.
Afresh is a funded company, having raised a total of $194M across 5 funding rounds to date.
Afresh is dedicated to transforming the fresh food supply chain through an AI-powered platform. Solutions are provided for replenishment, inventory management, production planning, and distribution center forecasting. The technology is designed to address the unique challenges of fresh foods, aiming to reduce waste, improve profitability, and ensure product freshness. Services are utilized by grocery chains to enhance operational efficiency and customer satisfaction across various departments like produce, meat, and deli. Innovation in this sector is driven by handling complex, variable data and optimizing real-world decisions.
Afresh's top competitors include SPS Commerce, Dmall and Shelf Engine.
Afresh offers Fresh Store Suite and DC Forecast.
Afresh has 12 investors. Key investors include Bessemer Venture Partners, Insight Partners, VMG Partners, Bright Pixel Capital, and HighSage.
The valuation of Afresh is $100M as of Nov 2020.