Fundz

Misfits Market To Acquire Imperfect Foods

PRIVATESep 07, 2022

Acquiring Company

Misfits Market

Acquired Company

Imperfect Foods

DelancoSan FranciscoFood And BeverageE CommerceGroceryRetailFarmingAgriculture and FarmingFood And BeverageE CommerceGroceryRetail

Description

Misfits Market, the online grocery platform driven by accessibility, affordability, and sustainability, today announced the acquisition of online grocer Imperfect Foods. The planned acquisition will unite both brands to deliver a better, more sustainable grocery experience and put the combined business on track to cross $1 billion in sales and reach profitability by early 2024.

Quick answer

Misfits Market is acquiring Imperfect Foods, announced September 7, 2022. Misfits Market is based in Delanco, New Jersey, United States.

How much did Misfits Market pay for Imperfect Foods?
The deal value was not disclosed.
What does Misfits Market do?
Misfits Market is the direct-to-consumer platform that delivers groceries curated for quality, nutrition, sustainability, and flavor instead of appearances.
Where are Misfits Market and Imperfect Foods based?
Misfits Market is based in Delanco, New Jersey, United States. Imperfect Foods is based in San Francisco, California, United States.
Who are the decision-makers at Misfits Market?
Fundz holds 1 contact at Misfits Market. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

Misfits Market

Location

Delanco, New Jersey, United States

About

Misfits Market is the direct-to-consumer platform that delivers groceries curated for quality, nutrition, sustainability, and flavor instead of appearances. The company has created the first-of-its-kind food value supply chain focused on building relationships with farmers, distributors, and producers to reduce food waste and make shopping for sustainable, high-quality groceries easier and more affordable. The company serves nearly every ZIP code in the contiguous U.S., has rescued more than 238 million pounds of food to date, and has raised more than $525 million in funding.

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Frequently asked

Who acquired Imperfect Foods?

Imperfect Foods was acquired by Misfits Market, based in Delanco. The deal was reported on September 7, 2022. Misfits Market is the direct-to-consumer platform that delivers groceries curated for quality, nutrition, sustainability, and flavor instead of appearances. Misfits Market is privately held and operates in Food And Beverage.

When did Misfits Market acquire Imperfect Foods?

Misfits Market's acquisition of Imperfect Foods was reported on September 7, 2022. Misfits Market, the online grocery platform driven by accessibility, affordability, and sustainability, today announced the acquisition of online grocer Imperfect Foods. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Imperfect Foods do?

Founded in 2015, Imperfect Foods is the online grocer at the forefront of eliminating food waste and building a better food system. It is privately held, operating in Agriculture and Farming, and is based in San Francisco.

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