About The Fresh Factory
The Fresh Factory is a company based in Carol Stream (United States) founded in 2016 by Jeff Adeszko, Gloria Athanis, and David Choi.. The Fresh Factory has completed 1 acquisition, including Phyter. The Fresh Factory offers products and services including Manufacturing Services and Mentorship Programs.
- Headquarter Carol Stream, United States
- Founders Jeff Adeszko, Gloria Athanis, David Choi
- Stage Public
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Sectors
Consumer
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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 Factory B.C. Ltd.
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Annual Revenue
$31.07 M (USD)41.98as on Dec 31, 2024
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Net Profit
$-1.17 M (USD)63.06as on Dec 31, 2024
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EBITDA
$578.7 K (USD)123.65as on Dec 31, 2024
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Latest Funding Round
$2 M (USD), Post-IPO
Mar 21, 2023
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Investors
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Employee Count
Employee Count
- Investments & Acquisitions
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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.
Products & Services of The Fresh Factory
The Fresh Factory offers a comprehensive portfolio of products and services, including Manufacturing Services and Mentorship Programs. 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.
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.
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Funding Insights of The Fresh Factory
- Total Funding Total Funding
- Total Rounds 3
- Last Round Post-IPO — $2.0M
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First Round
First Round
(19 Nov 2021)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2023 | Amount | Post-IPO - The Fresh Factory | Valuation |
investors |
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| Jan, 2023 | Amount | Post-IPO - The Fresh Factory | Valuation |
investors |
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| Nov, 2021 | Amount | Post-IPO - The Fresh Factory | 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 The Fresh Factory
The Fresh Factory has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Phyter. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Energy snack bars are manufactured from unprocessed fruits and vegetables.
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2015 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
|
2017 | ||||
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Bionic investment advisor platform
|
2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - The Fresh Factory
| 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 |
The Fresh Factory Comparisons
Competitors of The Fresh Factory
| 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 The Fresh Factory
When was The Fresh Factory founded?
The Fresh Factory was founded in 2016 and raised its 1st funding round 5 years after it was founded.
Where is The Fresh Factory located?
The Fresh Factory is headquartered in Carol Stream, United States. It is registered at Carol Stream, Illinois, United States.
What is the annual revenue of The Fresh Factory?
Annual revenue of The Fresh Factory is $31.07M as on Dec 31, 2024.
What does The Fresh Factory do?
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.
What products or services does The Fresh Factory offer?
The Fresh Factory offers Manufacturing Services and Mentorship Programs.
Is The Fresh Factory publicly traded?
Yes, The Fresh Factory is publicly traded on TSXV under the ticker symbol FRSH.
How many acquisitions has The Fresh Factory made?
The Fresh Factory has made 1 acquisition, including Phyter.
What is The Fresh Factory's ticker symbol?
The ticker symbol of The Fresh Factory is FRSH on TSXV.
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