About Fresh Produce
Fresh Produce is a company based in Boulder (United States) founded in 1984 by Thom Vernon and Mary Ellen Vernon.. Fresh Produce has raised $6.38 million across 2 funding rounds. Fresh Produce offers products and services including Clothing and Gift Cards.
- Headquarter Boulder, United States
- Founders Thom Vernon, Mary Ellen Vernon
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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 Fresh Produce Clothes, Inc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$6.38 M (USD)
in 2 rounds
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Latest Funding Round
$600 K (USD), Debt – Conventional
Jul 08, 2015
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Investors
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Employee Count
Employee Count
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Products & Services of Fresh Produce
Fresh Produce offers a comprehensive portfolio of products and services, including Clothing and Gift Cards. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Clothing items including tees, dresses, and beach wear are designed and sold for casual use
Gift cards are provided for purchases of clothing and related items
Funding Insights of Fresh Produce
Fresh Produce has successfully raised a total of $6.38M across 2 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $600 thousand completed in July 2015. 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.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Debt – Conventional — $600,000
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First Round
First Round
(27 May 2015)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2015 | Amount | Debt – Conventional - Fresh Produce | Valuation |
investors |
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| May, 2015 | Amount | Series A - Fresh Produce | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Fresh Produce
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Fresh Produce
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Fresh Produce Comparisons
Competitors of Fresh Produce
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Fresh Produce
When was Fresh Produce founded?
Fresh Produce was founded in 1984 and raised its 1st funding round 31 years after it was founded.
Where is Fresh Produce located?
Fresh Produce is headquartered in Boulder, United States. It is registered at Boulder, Colorado, United States.
Is Fresh Produce a funded company?
Fresh Produce is a funded company, having raised a total of $6.38M across 2 funding rounds to date. The company's 1st funding round was a Series A of $6.38M, raised on May 27, 2015.
What does Fresh Produce do?
Fresh Produce was founded in 1984 by Thom Vernon and Mary Ellen Vernon in Boulder, United States. Retail operations are managed for womens apparel focused on resort and cruise styles. Clothing items suited to leisure and vacation environments are offered through physical stores and an online platform at freshproduceclothes.com. The company operates within the apparel retail sector, serving customers in the United States.
What products or services does Fresh Produce offer?
Fresh Produce offers Clothing and Gift Cards.