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Afresh Technologies
AI-powered company selling software to track demand and manage orders for fresh produce in grocery stores
About Afresh Technologies
Afresh Technologies is a startup that provides technology solutions specifically designed for the fresh food grocery sector. The company's technology is designed to simplify the complexities of managing fresh food inventory, a task that has become increasingly important as consumer demand for fresh food has risen significantly since 2020. Afresh's technology is used by grocery teams to improve their performance in managing fresh food categories.
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The company's technology uses advanced machine learning algorithms to provide actionable insights and optimize decision-making across the fresh food supply chain. This includes improving the accuracy of orders, which in turn improves product shelf life, and providing tools to manage the variability and unpredictability of fresh food data. The technology also helps to reduce food waste, greenhouse gas emissions, and water usage, making it an environmentally friendly solution.
Afresh's clients are primarily grocery stores and other businesses in the fresh food sector. The company operates in the technology and grocery markets, and its business model is likely based on a software-as-a-service (SaaS) model, where clients pay a subscription fee to use the technology.
The company makes money by charging its clients for access to its technology. The exact pricing structure is not publicly available, but it is likely based on the size of the client and the level of service they require.
At a glance
- Founded
- 2017
- Headquarters
- San Francisco, United States
- Sector
- AI
- Power Law
- Colt$25–100M revenue
Knowledge graph
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Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed2 investors entered at this stage
Series A9 investors entered at this stage
Impact Engine
Maersk Growth
Food Retail Ventures
Spark Capital
Walter Robb
Bright Pixel Capital- VPVMG Partners
Insight Partners- HIHigh Sage Investments
Series B and later2 investors entered at this stage
- HVHighsage ventures
Just Climate
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
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