Fundz

Milkrun Announces $6 Million Series A Funding Round Led By Spark Capital

PRIVATENov 05, 2021

Amount Raised

$6 Million

Round Type

Series A

AustinCommerce And ShoppingFood And Beverage

Description

MilkRun, a subscription service that delivers weekly grocery staples sourced directly from small, local farms, has raised $6 Million in its Series A fundraising round led by Spark Capital, with participation from existing investors Revolution’s Rise of the Rest Seed Fund, Social Impact Capital and Congruent VC. The AgriTech company grew 15X in 2020, expanding its services from Portland, OR to Seattle, WA and Austin, TX. With its sights set on new markets, MilkRun is committed to creating stronger and more sustainable local food systems by helping small farmers not just survive, but truly thrive.

Quick answer

Milkrun raised $6 Million in a Series A round, dated November 5, 2021. Milkrun is based in Austin, Texas, United States.

How much did Milkrun raise?
Milkrun raised $6 Million in a Series A round on November 5, 2021.
What does Milkrun do?
MilkRun is a weekly food delivery service on a mission to connect consumers to local food in their communities, helping small farmers not just survive, but truly thrive.
Where is Milkrun based and how big is it?
Milkrun is based in Austin, Texas, United States.

Source: Fundz verified event record.

Who else raised in Commerce And Shopping and Food And Beverage around the same time

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

  • PetPlate, Inc. raised $16M on December 17, 2021.
  • Hungry Panda raised $130M (Series D) on December 17, 2021.
  • PetPlate, Inc. raised $19M (Series B) on December 15, 2021.
  • Medicine Man Technologies, Inc. raised an undisclosed amount (Funding Round) on December 3, 2021.
  • Cloudbeds raised $150M (Funding Round) on November 4, 2021.
  • Gooten raised $15M (Funding Round) on December 20, 2021.

Who to call at Milkrun, and when

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

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Company Information

Company

Milkrun

Location

Austin, Texas, United States

About

MilkRun is a weekly food delivery service on a mission to connect consumers to local food in their communities, helping small farmers not just survive, but truly thrive. Launched in Portland, Oregon in 2018, MilkRun has expanded services to Seattle, Washington and Austin, Texas. Backed by Spark Capital, Social Impact Capital, Congruent VC, TechStars Ventures, YCombinator, and Revolution's Rise of the Rest Seed Fund, MilkRun is on a mission to stop mega-industrialized farming from becoming our only food option. LocalMilkRun.com Instagram · Facebook

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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

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

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