3 years ago

Fresho Raises £38 Million in Series A Funding to Scale Its Sustainable Food Supply Chain Platform

  • Fresho, a UK-based company that aims to make food supply chains more sustainable between restaurants and their suppliers, raised £38 million in Series A funding

  • The round was led by Primorus Investments, Capital Zed, Andrew Sypkes, and Second Quarter Ventures

  • The company intends to use the funds to accelerate across UK and US

  • Fresho provides a solution for tens of thousands of chefs who reach for their device to choose exact quantities for their needs, in an online shopping experience specifically tailored to the B2B food industry

  • It enables buyers to see live prices and specials, allowing for informed product choices and assistance in food cost management, and suppliers to receive the order immediately in a single dashboard and to leverage real time sales data to manage purchasing efficiently and eliminates wastage before it becomes an issue

  • More than 38,000 foodservice venues across the UK, Australia, New Zealand, and the United States have now used the innovative software solution, with more than £700 million ($1 billion USD) processed through the platform annually.

      • ProblemFood & Beverage

      "making food supply chains more sustainable between restaurants and their suppliers"

      Solution

      "providing a platform for chefs to order exact quantities of food from suppliers, allowing for real-time pricing and inventory management"

      Covered on