About Freshpet
Freshpet is a company based in Secaucus (United States) founded in 2006.. Freshpet has raised $54 million across 4 funding rounds from investors including MidOcean Partners and JANA Partners. The company has 1,300 employees as of December 31, 2024. Freshpet offers products and services including Freshpet Recipes, Vital, Freshpet Delivery, and Nature's Fresh. Freshpet operates in a competitive market with competitors including I And Love And You, KatKin, Lily's Kitchen, Ainsworth Pet Nutrition and Petsense, among others.
- Headquarter Secaucus, United States
- Employees 1300 as on 31 Dec, 2024
- Stage Public
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Sectors
Consumer
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Freshpet, Inc.
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Annual Revenue
$975.18 M27.16as on Dec 31, 2024
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Net Profit
$46.92 M239.6as on Dec 31, 2024
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EBITDA
$112.2 M289.89as on Dec 31, 2024
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Total Equity Funding
$54 M (USD)
in 4 rounds
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Latest Funding Round
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Investors
MidOcean Partners
& 1 more
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Employee Count
1300
as on Dec 31, 2024
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IPO & Listings of Freshpet
Freshpet is a publicly listed company on the NASDAQ with ticker symbol FRPT in USA, operating in the Consumer non-durables sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Freshpet
Freshpet offers a comprehensive portfolio of products and services, including Freshpet Recipes, Vital, Freshpet Delivery, and Nature's Fresh. 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.
Delicious meals made with fresh ingredients for pet health and nutrition.
Recipes designed to meet specific pet needs like allergies and energy.
Customized meal plans delivered directly for convenient pet feeding.
Responsibly sourced meals focusing on animal welfare and planet-friendly practices.
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Leadership Team
17 people
Software Development Team
14 people
Sales and Marketing
8 people
Human Resources and Administration
8 people
Operations Team
7 people
Product Management Team
5 people
Finance and Accounting
3 people
Senior Team
3 people
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Funding Insights of Freshpet
Freshpet has successfully raised a total of $54M across 4 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.
- Total Funding Total Funding
- Total Rounds 4
- Last Round Last Round
- First Round First Round
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2022 | Amount | Post-IPO - Freshpet | Valuation |
investors |
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| May, 2019 | Amount | Debt – Conventional - Freshpet | Valuation |
investors |
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| Feb, 2012 | Amount | Series B - Freshpet | 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 |
Investors in Freshpet
Freshpet has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include MidOcean Partners and JANA Partners. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Private equity and debt fund focused on consumer and business services sectors
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Founded Year | Domain | Location | |
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Investment firm specializing in active shareholder engagement and value creation strategies.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Freshpet
| 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 - Freshpet
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| 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 |
Freshpet Comparisons
Competitors of Freshpet
Freshpet 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 I And Love And You, KatKin, Lily's Kitchen, Ainsworth Pet Nutrition and Petsense, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Premium dog and cat food is manufactured using natural ingredients.
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| domain | founded_year | HQ Location |
Subscription-based pet foods are tailored to individual animal needs.
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| domain | founded_year | HQ Location |
Natural ingredient pet food is manufactured for dogs and cats.
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| domain | founded_year | HQ Location |
Pet food and treats are produced, distributed, and marketed.
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| domain | founded_year | HQ Location |
Multi-category pet supplies are offered through an online platform.
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| 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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Latest news on Freshpet
Frequently Asked Questions about Freshpet
When was Freshpet founded?
Freshpet was founded in 2006 and raised its 1st funding round 4 years after it was founded.
Where is Freshpet located?
Freshpet is headquartered in Secaucus, United States. It is registered at Secaucus, New Jersey, United States.
Is Freshpet a funded company?
Freshpet is a funded company, having raised a total of $54M across 4 funding rounds to date. The company's 1st funding round was a Series B of $54M, raised on Jun 01, 2010.
How many employees does Freshpet have?
As of Dec 31, 2024, the latest employee count at Freshpet is 1,300.
What is the annual revenue of Freshpet?
Annual revenue of Freshpet is $975.18M as on Dec 31, 2024.
What does Freshpet do?
Freshpet was founded in 2006 and is headquartered in Secaucus, United States. Operations focus on the pet food sector, where fresh, all-natural refrigerated products are produced for dogs and cats. Recipes are cooked at lower temperatures to preserve vitamins and nutrients from the ingredients. Distribution occurs primarily through an internet-first model, with availability in retail channels.
Who are the top competitors of Freshpet?
Freshpet's top competitors include KatKin, I And Love And You and Petsense.
What products or services does Freshpet offer?
Freshpet offers Freshpet Recipes, Vital, Freshpet Delivery, and Nature's Fresh.
Is Freshpet publicly traded?
Yes, Freshpet is publicly traded on NASDAQ under the ticker symbol FRPT.
Who are Freshpet's investors?
Freshpet has 2 investors. Key investors include MidOcean Partners, and JANA Partners.
What is Freshpet's ticker symbol?
The ticker symbol of Freshpet is FRPT on NASDAQ.
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