About FreshKet
FreshKet is a Retail company based in Bangkok (Thailand) founded in 2016 by Saran Chiwtanasuntorn and Ponglada Paniangwet. Farm products are supplied via an online B2B marketplace. It operates in the Retail and Agriculture sectors. FreshKet has raised $34.5 million across 5 funding rounds from investors including OpenSpace, PTT Public Company Limited and Betagro Group. Its chief executive, as recorded, is Ponglada Paniangwet. Its website freshket.co draws about 155 thousand monthly visits. Its focus areas include Food and Agriculture Tech, Online Grocery, B2B Ecommerce and Farm Produce. Its legal entity is Polar Bear Mission Company Limited. Its competitors include Mungmee, EATS Goods and Food Farm Hub.
Company details
FreshKet was established in 2016 in Bangkok, Thailand, as an online B2B platform focused on agricultural and food sectors. A catalog of products including vegetables, fruits, meats, grains, and soft drinks is maintained, with restaurant supplies also provided. Operations connect suppliers and buyers in the farm-to-business supply chain across the region.
- Headquarters Bangkok, Thailand
- Founders Saran Chiwtanasuntorn, Ponglada Paniangwet
- SectorsRetailAgriculture
- Email••••••••
- Website freshket.co/business
- Social LinkedIn X Facebook
- Legal Name Polar Bear Mission Company Limited
- Annual Revenue$49.81 M (USD)67as on Dec 31, 2023
- Net Profit-$7.97 M (USD)15as on Dec 31, 2023
- EBITDA-$7.15 M (USD)19as on Dec 31, 2023
- Total Equity Funding$34.5M (USD)
in 5 rounds
- Latest Funding Round$8M (USD), Series B
Dec 2024
- InvestorsOpenSpace
& 12 more
Funding Insights of FreshKet
FreshKet has successfully raised a total of $34.5M across 5 strategic funding rounds. The most recent funding activity was a Series B round of $8 million completed in December 2024. 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 $34.5M
- Total Rounds 5
- Last Round Series B — $8M
- Investors Count 13
All 5 funding rounds of FreshKet with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec 2024 | $8M | Series B | – | Kliff Capital, Thai President Foods | |
| May 2022 | $23.5M | Series B | – | PTT | |
| Mar 2022 | Series A | – | – | ||
| Sep 2020 | $3M | Series A | – | Openspace Ventures | |
| Feb 2017 | Seed | – | – |
13 investors in total: 11 institutional and 2 angel.
Investors in FreshKet
FreshKet has secured backing from 13 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include OpenSpace, PTT Public Company Limited and Betagro Group.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Kliff Capital is recognized as an investment firm specializing in complex financial solutions. | 2020 | kliffcapital.com | Bangkok, Thailand | |
Early-stage technology startups are invested in by Openspace Ventures. | openspace.vc | Singapore, Singapore | ||
A growth-stage venture capital fund focused on SEA startups is operated. | 2015 | orzon.ventures | Thailand | |
Venture capital fund focused on consumer goods sectors | voltacircle.com | London, United Kingdom | ||
Private equity consulting services are provided by ECG-RESEARCH. | ecg-research.com | |||
Venture capital and acceleration are provided to tech startups. | 500.co | Ho Chi Minh City, Vietnam | ||
ECG is engaged in venture capital and private equity investments. | ecgventures.co | Bangkok, Thailand | ||
Noodles are manufactured and distributed under the Mama brand globally. | 2017 | mama.co.th | Bangkok, Thailand | |
Oil and gas are explored, produced, procured, transported, and marketed. | 1978 | pttplc.com | Chatuchak, Thailand | |
Construction sites are monitored via AI-powered SaaS technology. | 2017 | openspace.ai | San Francisco, United States |
Investor details for FreshKet
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
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People of FreshKet
2 people are tracked at FreshKet (2 in leadership).
| Name | Role | Group |
|---|---|---|
Saran Chiwtanasuntorn | Co-Founder & VP Engineering | Leadership |
Ponglada Paniangwet | Co-Founder & CEO | Leadership |
Complete people profiles for FreshKet
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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- Team structure
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- Professional contacts
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Timeline of FreshKet
3 dated milestones of FreshKet across 8 years, from founding to its latest funding, stage changes and deals.
- Founded FreshKet is founded.
- Funding First funding round.
- Funding Latest funding round, Series B, of $8.0M.
Competitors of FreshKet
FreshKet has 3 listed competitors in our database. They include Mungmee, EATS Goods and Food Farm Hub.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| mungmee.com | 2016 | Watthana, Thailand | Operates a marketplace platform for grocery products targeted at retailers and stores. | |||
| eatsgoods.com | 2021 | Pathum Thani, Thailand | Operates an online B2B marketplace for a variety of food products. | |||
| foodfarmhub.com | 2019 | Bangkok, Thailand | Online B2B platform connecting buyers and suppliers of food products globally. |
Detailed competitors of FreshKet
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Web traffic of FreshKet
The website of FreshKet (freshket.co) receives about 155K visits a month.
- Monthly visits155K
▼ 4% vs previous month
Websites whose visitors overlap most with FreshKet. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| lotuss.com | 100% | 5.1M | #10,386 | View details | |
pantip.com | pantip.com | 91% | #974 | – | |
simummuangonline.com | simummuangonline.com | 82% | #1,042,896 | – | |
ofm.co.th | ofm.co.th | 81% | #48,769 | – | |
| instagram.com | 69% | 7.1B | #4 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 26 similar websites and full traffic analytics for FreshKet
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- 26 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
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Related news about Freshket
Complete news archive for FreshKet
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Frequently Asked Questions about FreshKet
FreshKet was founded in 2016 and raised its 1st funding round 1 year after it was founded.
FreshKet is headquartered in Bangkok, Thailand.
Ponglada Paniangwet is the CEO of FreshKet, as recorded in our data. They have also founded this company.
FreshKet is a funded company, having raised a total of $34.5M across 5 funding rounds to date.
Annual revenue of FreshKet is $49.81M as on Dec 31, 2023.
FreshKet was established in 2016 in Bangkok, Thailand, as an online B2B platform focused on agricultural and food sectors. A catalog of products including vegetables, fruits, meats, grains, and soft drinks is maintained, with restaurant supplies also provided. Operations connect suppliers and buyers in the farm-to-business supply chain across the region.
FreshKet's top competitors include Mungmee, EATS Goods and Food Farm Hub.
FreshKet has 13 investors. Key investors include OpenSpace, PTT Public Company Limited, Betagro Group, Thai President Foods, and Kliff Capital.
FreshKet operates through Polar Bear Mission Company Limited.
The website of FreshKet receives about 155 thousand visits a month.