About The Fresh Factory
The Fresh Factory is a publicly listed company based in Carol Stream (United States) founded in 2016 by Jeff Adeszko, Gloria Athanis, and David Choi. Apples are processed into products by The Fresh Factory. The Fresh Factory has completed 1 acquisition, including Phyter. The Fresh Factory offers products and services including Manufacturing Services and Mentorship Programs. Its focus areas include Food and Agriculture, Food Processing, Fruits & Vegetables and Diversified. Its legal entity is The Fresh Factory, Inc.
Company details
The Fresh Factory was founded in 2016 and is based in Carol Stream, United States. Operations focus on apple processing within the food and agriculture sector. Services include handling and transforming apples into various forms for distribution. Co-founders Jeff Adeszko, Gloria Athanis, and David Choi lead the company. Activities are centered in the U.S., supporting regional supply chains.
- Headquarters Carol Stream, United States
- Founders Jeff Adeszko, Gloria Athanis, David Choi
- Stage Public
- SectorsConsumer
- Email••••••••
- Website thefreshfactory.co
- Social LinkedIn
- Legal Name Fresh Factory B.C. Ltd.
- Annual Revenue$45.46 M (USD)39.22as on Dec 31, 2025
- Net Profit-$45.92 K (USD)96.26as on Dec 31, 2025
- EBITDA$2.64 M (USD)333.92as on Dec 31, 2025
- Latest Funding Round$3M (USD), Post-IPO
Jan 2026
- Investments & Acquisitions
Products & Services of The Fresh Factory
The Fresh Factory offers a comprehensive portfolio of products and services, including Manufacturing Services and Mentorship Programs.
Manufacturing services are provided for fresh and plant-based products to support brand growth from farm to shelf.
Mentorship programs are offered to assist emerging food and beverage brands in preparing for market launch and scaling.
Funding Insights of The Fresh Factory
- Total Rounds 4
- Last Round Post-IPO — $3M
- First Round $37M
(Nov 2021)
All 4 funding rounds of The Fresh Factory 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 |
|---|---|---|---|---|---|
| Jan 2026 | $3M | Post-IPO | – | – | – |
| Mar 2023 | $2M | Post-IPO | – | – | – |
| Jan 2023 | $374,919 | Post-IPO | – | – | – |
| Nov 2021 | $37M | Post-IPO | – | – | – |
People of The Fresh Factory
8 people are tracked at The Fresh Factory (6 in leadership, 2 in team).
| Name | Role | Group |
|---|---|---|
Jeff Adeszko | Co-Founder | Leadership |
Gloria Athanis | Co-Founder | Leadership |
David Choi | Co-Founder | Leadership |
Donna Duwe | Executive Vice President Of Sales | Leadership |
Bill Besenhofer | Co-founder, CEO | Leadership |
Nathan Laurell | Co-founder, Director | Leadership |
Mike Weglarz | EVP Commercialization | Team |
Gayatri Patil | Product Development Specialist | Team |
Complete people profiles for The Fresh Factory
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IPO & Listings of The Fresh Factory
The Fresh Factory is a publicly listed company on the TSXV with ticker symbol FRSH in Canada, 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.
- IPO date16 Nov 2021
- Listed onCSE: FRSH
- Listed entityFresh Factory B.C. Ltd.
- Exchange sectorConsumer non-durables
- ISINCA35805H1055
- Share price0.75 CAD · 2026-10-13
- Market capitalisation43,299,583.00 CAD
- EPS (diluted, trailing year)-0.05 CAD
- Volume (last session)1,000
Financials of The Fresh Factory
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2025 | 62.2M CAD | -62,870 CAD | 3.6M CAD |
| 2024 | 44.7M CAD | -1.7M CAD | 832,630 CAD |
| 2023 | 31.5M CAD | -4.5M CAD | -3.5M CAD |
| 2022 | 25.4M CAD | -6.7M CAD | -5.6M CAD |
| 2021 | 16.1M CAD | -8.4M CAD | -3.0M CAD |
Detailed financial statements for The Fresh Factory
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Investments & Acquisitions by The Fresh Factory
The Fresh Factory has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Phyter.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Energy snack bars are manufactured from unprocessed fruits and vegetables. | phyterfood.com | Chicago, United States | 2015 | Apr 2021 | •••• |
Complete acquisition details for The Fresh Factory
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
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Timeline of The Fresh Factory
5 dated milestones of The Fresh Factory across 10 years, from founding to its latest funding, stage changes and deals.
- Founded The Fresh Factory is founded.
- Acquisition Acquires Phyter.
- IPO Lists on the stock exchange (IPO).
- Funding First funding round of $37.0M.
- Funding Latest funding round, Post-IPO, of $3.0M.
Web traffic of The Fresh Factory
The website of The Fresh Factory (thefreshfactory.co) receives about 4.2K visits a month.
- Monthly visits4.2K
▲ 21.4% vs previous month
Websites whose visitors overlap most with The Fresh Factory. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
midwestfoods.com | midwestfoods.com | 100% | #5,538,775 | – | |
ferdelpromotions.com | ferdelpromotions.com | 98% | #3,576,632 | – | |
elementfoodsolutions.com | elementfoodsolutions.com | 98% | #3,796,333 | – | |
authenticbrandschicago.com | authenticbrandschicago.com | 98% | #8,231,832 | – | |
| harvestfoodgroup.com | 97% | 4.6K | #3,747,494 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 10 similar websites and full traffic analytics for The Fresh Factory
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Top companies in Food Processing
3 companies that operate in the same segment as The Fresh Factory (Food Processing) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Internet first brand offering refrigerated pet food | 2006 | Secaucus, New Jersey, United States | USD 54 M | USD 1.1 B | 1,300 | |
Coffee, tea, and extract beverage solutions are provided globally. | 2009 | North Little Rock, Arkansas, United States | USD 17 M | USD 1.19 B | 1,410 | |
Multi-category food products are produced and distributed globally. | 1866 | Minneapolis, Minnesota, United States | USD 18.42 B | 33,000 |
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Related news about The Fresh Factory
Complete news archive for The Fresh Factory
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Frequently Asked Questions about The Fresh Factory
The Fresh Factory was founded in 2016 and raised its 1st funding round 5 years after it was founded.
The Fresh Factory is headquartered in Carol Stream, United States. It is registered at Carol Stream, Illinois, United States.
Annual revenue of The Fresh Factory is $45.46M as on Dec 31, 2025.
The Fresh Factory was founded in 2016 and is based in Carol Stream, United States. Operations focus on apple processing within the food and agriculture sector. Services include handling and transforming apples into various forms for distribution. Co-founders Jeff Adeszko, Gloria Athanis, and David Choi lead the company. Activities are centered in the U.S., supporting regional supply chains.
The Fresh Factory offers Manufacturing Services and Mentorship Programs.
Yes, The Fresh Factory is publicly traded on TSXV under the ticker symbol FRSH.
The Fresh Factory has made 1 acquisition, including Phyter.
The Fresh Factory operates through The Fresh Factory, Inc.