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Flashfood Raises $12.3M Series A To Scale Grocery Partnerships Throughout The U.S. To Tackle Retail Food Waste

PRIVATEFeb 28, 2022

Amount Raised

$12.3 Million

Round Type

Series A

TorontoOtherCommerce and ShoppingSoftwareRetail

Description

Flashfood, a mobile marketplace providing customers access to heavily discounted food nearing its best-by date, today announced $12.3M in Series A funding led by investor S2G Ventures.

Who else raised in Commerce and Shopping and Retail around the same time

Companies in the same sectors as Flashfood that raised within 45 days of this round, from Fundz verified event records.

  • Global-E Online Ltd raised an undisclosed amount on March 1, 2022.
  • Cloaked raised $20M on April 5, 2022.
  • Futwork raised an undisclosed amount (Funding Round) on April 5, 2022.
  • Cloaked raised $25M (Series A) on March 29, 2022.
  • Triple Whale raised $28M (Funding Round) on March 24, 2022.
  • Livspace raised $156 (Pre-Seed) on March 22, 2022.

Who to call at Flashfood, and when

A new round usually means Flashfood is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Flashfood raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Flashfood, from your own LinkedIn network

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Company Information

Company

Flashfood

Location

Toronto, Ontario, Canada

About

Flashfood is the app for grocery’s best deals. We partner with retailers across North America to sell fresh fruits, vegetables, meat, dairy and more for up to 50% off their retail price. Shoppers save money on fresh, nutritious food and at the same time, less good, high quality food ends up in a landfill. We work alongside our retail partners to ensure that surplus items – whether seasonal, overstocked, or nearing best-by date — end up on dinner tables, not in the landfill.

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Fundz sees it the moment Flashfood raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

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Funding Insights

What this usually means
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months

Flashfood raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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