About Freshmarket
Freshmarket is a company based in Suzhou (China) founded in 2012. Freshmarket has raised $154.39 million across 5 funding rounds from investors including Yiguo Group, SND Ventures Group and Tiantu Capital. Freshmarket operates in a competitive market with competitors including Deliveroo, Womai, Dingdong Maicai, Benlai and Missfresh, among others.
- Total Equity Funding$154.39M (USD)
in 5 rounds
- Latest Funding Round$35.46M (USD), Series C
Aug 2019
- InvestorsYiguo Group
& 4 more
Funding Insights of Freshmarket
Freshmarket has successfully raised a total of $154.39M across 5 strategic funding rounds. The most recent funding activity was a Series C round of $35.46 million completed in August 2019. 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 $154.39M
- Total Rounds 5
- Last Round Series C β $35.46M
- First Round $6.94M
(Mar 2014)
- Investors Count 5
All 5 funding rounds of Freshmarket 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 |
|---|---|---|---|---|---|
| Aug 2019 | $35.46M | Series C | β | SND Ventures Group, Yiguo Group | β |
| Sep 2017 | $44.49M | Series C | β | Tiantu Capital | β |
| Apr 2016 | $38.5M | Series C | β | β | |
| May 2015 | $29M | Series B | β | Tiantu Capital | β |
| Mar 2014 | $6.94M | Series A | β | β |
5 investors in total: 5 institutional.
Investors in Freshmarket
Freshmarket has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include Yiguo Group, SND Ventures Group and Tiantu Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
- | – | sndvc.com | - | |
Investments are made by Addor Capital in early-stage technology companies. | – | addorcapital.com | Nanjing, China | |
Multi-category grocery products are retailed online by Yiguo Group. | 2005 | yiguogroup.com.cn | Shanghai, China | |
- | – | tiantu.com.cn | - | |
- | – | Kyoritsu Investment | - |
Investor details for Freshmarket
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Timeline of Freshmarket
3 dated milestones of Freshmarket across 7 years, from founding to its latest funding, stage changes and deals.
- Founded Freshmarket is founded.
- Funding First funding round of $6.9M.
- Funding Latest funding round, Series C, of $35.5M.
Competitors of Freshmarket
Freshmarket 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 Deliveroo, Womai, Dingdong Maicai, Benlai and Missfresh, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| deliveroo.co.uk | 2013 | London, United Kingdom | $2.95B | 2,158 | Platform offering food and grocery delivery services | |
| womai.com | 2009 | Beijing, China | $330M | – | Imported groceries are retailed online by Womai to Chinese consumers. | |
| 100.me | 2017 | Shanghai, China | $1.33B | – | Online retailer of grocery products | |
| benlai.com | 2012 | Beijing, China | $317M | – | Premium groceries are ordered through an online platform. | |
| missfresh.cn | 2014 | Beijing, China | $1.7B | – | Multi-category grocery products are delivered through an app-based platform. | |
| yiguo.com | 2005 | Shanghai, China | $300M | – | Grocery supplies are retailed online by Yiguo. | |
| ztore.com | 2015 | Hong Kong, China | $8M | – | Online grocery retailer | |
| beequick.cn | 2014 | Beijing, China | $110M | – | One-hour grocery delivery from community stores is facilitated. | |
| 8dol.com | 2013 | Nanjing, China | $30.51M | – | O2O platform for ordering snacks and packaged food for college students |
Detailed competitors of Freshmarket
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Freshmarket
Websites that share an audience with Freshmarket (34580.com).
Websites whose visitors overlap most with Freshmarket. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| benlai.com | 100% | 77.8K | #267,520 | View details | |
search.yhd.com | search.yhd.com | 60% | – | – | β |
| fruitday.com | 60% | – | – | View details | |
| paipai.com | 41% | 15.7K | #1,688,404 | View details |
Similar companies to Freshmarket
10 companies that operate in the same segment as Freshmarket (Food & Grocery Retail), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Food and grocery deliveries are facilitated through an app-based platform. | 2013 | San Francisco, California, United States | USD 2.47 B | USD 10.72 B | 23,700 | |
Food and grocery items are ordered via an online network. | 2014 | Bengaluru, Karnataka, India | USD 3.54 B | USD 2.46 B | 4,490 | |
Meal recipe kits are delivered through a weekly subscription service. | 2011 | Berlin, Berlin, Germany | USD 367.28 M | – | – | |
Online marketplace offering multi-category grocery products | 2015 | Barcelona, Catalonia, Spain | USD 1.16 B | – | – | |
Personal and household products are delivered via an e-commerce platform. | 2011 | Bengaluru, Karnataka, India | USD 943.07 M | – | – | |
Instant delivery of groceries and essentials is facilitated online. | 2013 | Gurugram, Haryana, India | USD 757.12 M | – | – | |
Multi-category products are delivered quickly through an online platform. | 2020 | Bengaluru, Karnataka, India | USD 2.3 B | USD 344.05 K | 100 | |
Organic groceries are offered through an online membership platform. | 2013 | Los Angeles, California, United States | USD 332.18 M | – | – | |
Online marketplace platform offering multi-category grocery products | 2012 | San Francisco, California, United States | USD 2.93 B | USD 3.74 B | 3,270 | |
Platform offering food and grocery delivery services | 2013 | London, England, United Kingdom | USD 2.95 B | USD 2.59 B | 3,960 |
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Frequently Asked Questions about Freshmarket
Freshmarket was founded in 2012 and raised its 1st funding round 2 years after it was founded.
Freshmarket is headquartered in Suzhou, China. It is registered at Suzhou, Jiangsu, China.
Freshmarket is a funded company, having raised a total of $154.39M across 5 funding rounds to date. The company's 1st funding round was a Series A of $6.94M, raised on Mar 2014.
Freshmarket was founded in 2012 in Suzhou, China, as an online B2C platform in the grocery sector. Vegetables, fruits, meats, seafood, beverages, and ingredients are sourced directly from local growers. Cold chain distribution, intelligent preservation in cabinets, and monitoring are applied throughout processing and transport. Orders are packed at facilities and shipped to neighborhood centers, where items are stored in password-protected lockers for customer collection.
Freshmarket's top competitors include Deliveroo, Dingdong Maicai and Missfresh.
Freshmarket has 5 investors. Key investors include Yiguo Group, SND Ventures Group, Tiantu Capital, Addor Capital, and Kyoritsu Investment.