About Fresh Prep
Fresh Prep is a company based in Vancouver (Canada) founded in 2015 by Dhruv Sood and Husein Rahemtulla. Fresh Prep has raised $26.91 million across 7 funding rounds from investors including Yellow Point Equity Partners, Renewal Funds and First West Capital. The company has 153 employees as of December 31, 2024. Fresh Prep has completed 2 acquisitions, including Cook it and Peko. Fresh Prep operates in a competitive market with competitors including Cook it, Chef's Plate, Goodfood, PORTA and Vegano Foods, among others.
- Headquarter Vancouver, Canada
- Employees 153 as on 31 Dec, 2024
- Founders Dhruv Sood, Husein Rahemtulla
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Sectors
HealthcareConsumer Retail
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Email
Locked
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Phone
Locked
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Website
Locked
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Social
Locked
- Legal Name Fresh Prep Foods Inc.
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$26.91 M (USD)
in 7 rounds
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Latest Funding Round
Not available
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Investors
Yellow Point Equity Partners
& 3 more
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Employee Count
153
as on Dec 31, 2024
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Investments & Acquisitions
Cook it
& 1 more
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People of Fresh Prep
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Funding Insights of Fresh Prep
Fresh Prep has successfully raised a total of $26.91M across 7 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 Fresh Prep
Fresh Prep has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include Yellow Point Equity Partners, Renewal Funds and First West Capital.
| Investor | Description | Founded Year | Domain | Location |
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Private equity investments are made in mid-market companies.
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Renewal Funds is engaged in impact investing for sustainable change.
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First West Capital is focused on commercial banking operations.
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Investor details for Fresh Prep
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Investments & Acquisitions by Fresh Prep
Fresh Prep has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Cook it and Peko.
Investment portfolio details for Fresh Prep
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Peko is engaged in delivering surplus and peculiar groceries.
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Locked | Locked | 2021 | Locked | |
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Ready-to-eat meals are subscribed and delivered via an online platform.
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Locked | Locked | 2016 | Locked |
Complete acquisition details for Fresh Prep
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Financial Statements - Fresh Prep
Detailed financials for Fresh Prep
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Fresh Prep Comparisons
Peer comparison for Fresh Prep
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Competitors of Fresh Prep
Fresh Prep 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 Cook it, Chef's Plate, Goodfood, PORTA and Vegano Foods, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Ready-to-eat meals are subscribed and delivered via an online platform.
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Pre-portioned ingredients and recipes are delivered for home cooking.
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Recipe boxes with pre-prepped ingredients are ordered via online platform.
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Frozen Italian meals are delivered via online subscriptions.
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Plant-based meal kits are delivered via an online platform.
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Detailed competitors of Fresh Prep
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Latest news on Fresh Prep
Complete news archive for Fresh Prep
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Frequently Asked Questions about Fresh Prep
Fresh Prep was founded in 2015 and raised its 1st funding round 3 years after it was founded.
Fresh Prep is headquartered in Vancouver, Canada. It is registered at Vancouver, British Columbia, Canada.
Dhruv Sood is the current CEO of Fresh Prep. They have also founded this company.
Fresh Prep is a funded company, having raised a total of $26.91M across 7 funding rounds to date.
As of Dec 31, 2024, the latest employee count at Fresh Prep is 153.
Fresh Prep was founded in 2015 in Vancouver, Canada, within the meal kit delivery sector. An online platform is maintained for purchasing recipe boxes that include pre-prepped ingredients and step-by-step cooking instructions. Ingredients are sourced from local suppliers, enabling meals to be prepared in under 30 minutes. Operations focus on convenient home meal solutions across Canada.
Fresh Prep's top competitors include Goodfood, Chef's Plate and Cook it.
Fresh Prep has 4 investors. Key investors include Yellow Point Equity Partners, Renewal Funds, First West Capital, and SEMCAP.