FreshDirect

company

About

FreshDirect delivers fresh food to residences and offices.

Details

Last Funding Type
Series A
Last Funding Money Raised
$31M
Industries
Bakery,Catering,Coffee,Craft Beer,Delivery Service,Food Delivery,Food Processing,Fruit,Grocery,Tea
Founded date
Jan 1, 1998
Number Of Employee
5001 - 10000
Operating Status
Active
Legal Name
Fresh Direct, LLC
Also Known As
FRESH DIRECT HOLDINGS INC.

FreshDirect is a leading online fresh food grocer, delivering directly to customers across seven states and throughout the New York, Philadelphia, and Washington, D.C. metropolitan areas. FreshDirect is committed to sourcing the freshest and best-tasting meat, fish, produce, and specialty items through direct relationships with suppliers, growers, and farmers. Launched in 2002 and headquartered in the Bronx, NY, FreshDirect is a great local brand, part of the Ahold Delhaize family of companies

Funding Rounds

Number of Funding Rounds
Total Funding Amount
4
$279.99M
FreshDirect has raised a total of $279.99M in funding over 2 rounds. Their latest funding was raised on Sep 26, 2016 from a Private Equity(PE) round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Sep 26, 2016 Private Equity(PE) $189M 3 J.P. Morgan Asset Management Detail
Apr 2, 2014 Series Unknown $9.99M Detail
Mar 23, 2011 Series Unknown $50M 1 Detail
Oct 1, 2003 Series A $31M 3 AIG Investments Detail

Investments

Number of Investments
Number of Lead Investments
1
0
FreshDirect has made 1 investments. Their most recent investment was on Aug 7, 2018, when Good Catch raised $8.70M.
Date Company Name
Round Money Raised Industry Lead Investor
Aug 7, 2018 Good Catch
Series A $8.70M Cooking

Investors

Number of Lead Investors
Number of Investors
2
7
FreshDirect is funded by 7 investors. J.P. Morgan Asset Management and AIG Investments are the most recent investors.
Investor Name Lead Investor Funding Round
J.P. Morgan Asset Management Yes Private Equity(PE)
AIG Investments Yes Series A
AARP Private Equity(PE)
W Capital Partners Private Equity(PE)
Morrisons Supermarkets Series Unknown
CIBC Capital Partners Series A
Mercantile Capital Partners Series A

Employee Profiles

Number of Employee Profiles
4
FreshDirect has 4 current employee profiles, including Board member Richard Braddock
Board member
Executive
Executive
Executive

Exits

FreshDirect has had 1 exits. FreshDirect most notable exits include Good Catch

Date Company Name Exit Type Industry
Sep 9, 2022 Good Catch M&A Cooking Detail