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Prado Raises $5.75 Million In Seed Funding To Improve Fresh Food Accessibility Nationwide

PRIVATENov 21, 2022

Amount Raised

$5.75 Million

Round Type

Seed

AustinAgriculture and FarmingFood And BeverageE CommerceFood ProcessingFood Delivery

Investors

Supply Change FundBridge Investment GroupAlumni VenturesJanuary VenturesBonfire Ventures

Description

Prado, an e-commerce and logistics platform fueling a more sustainable food system, today announced it has raised $5.75 million in seed funding. The financing was led by Bonfire Ventures, with participation from Slauson & Co., January Ventures, Alumni Ventures, Bridge Investment Group, and Supply Change Fund. The investment will be used to grow the Prado team and scale its platform to support more merchant partners in more markets.

Quick answer

Prado raised $5.75 Million in a Seed round, dated November 21, 2022. Investors: Supply Change Fund, Bridge Investment Group, Alumni Ventures, January Ventures and Bonfire Ventures. Prado is based in Austin, Texas, United States.

How much did Prado raise?
Prado raised $5.75 Million in a Seed round on November 21, 2022.
Who invested in Prado?
Supply Change Fund, Bridge Investment Group, Alumni Ventures, January Ventures and Bonfire Ventures are named as investors in this round.
What does Prado do?
Prado is a customizable e-commerce platform for local meal delivery companies to market, sell, fulfill, and ship their perishable products.
Where is Prado based and how big is it?
Prado is based in Austin, Texas, United States.

Source: Fundz verified event record.

Who else raised in Agriculture and Farming and Food And Beverage around the same time

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

  • Equinom raised $35M (Funding Round) on December 12, 2022.
  • Julienne Bruno raised $5.9M (Funding Round) on November 21, 2022.
  • Basecamp Research raised $20M (Funding Round) on December 14, 2022.
  • NotCo raised $70M (Funding Round) on December 12, 2022.
  • Prime Roots raised $29M on December 6, 2022.
  • New Culture Inc. raised an undisclosed amount (Funding Round) on November 3, 2022.

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Company Information

Company

Prado

Location

Austin, Texas, United States

About

Prado is a customizable e-commerce platform for local meal delivery companies to market, sell, fulfill, and ship their perishable products. Unlike any other platforms on the market, Prado provides local food and beverage entrepreneurs a holistic, affordable solution. Prado's technology allows entrepreneurs to combine their marketing, operations, and sales efforts into one integrated solution so they can focus on what they do best: preparing better-for-you meals. In 2020, Prado's CEO Jon Carter set out to build an e-commerce technology built specifically for the fresh food industry. After having experienced personally what it's like to live in a food desert and professionally the challenges of food fulfillment, Prado was founded to provide local food and beverage entrepreneurs with a better, more affordable toolkit for their food subscription businesses. To learn more about Prado, visit www.getprado.com.

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