What is Flashfood?
Flashfood operates a mobile platform connecting consumers with discounted grocery items nearing their best-before dates. Available across numerous grocery locations in Canada and the United States, the app allows shoppers to purchase these items at reduced prices for in-store pickup. This model not only provides value to consumers but also plays a crucial role in mitigating food waste within the retail supply chain.
How much funding has Flashfood raised?
Flashfood has raised a total of $13.8M across 2 funding rounds:
Angel/Seed
$1.5M
Series A
$12.3M
Angel/Seed (2017): $1.5M, investors not publicly disclosed
Series A (2022): $12.3M led by S2G Ventures
Key Investors in Flashfood
S2G Ventures
S2G Ventures is a venture fund focused on the food and agriculture sectors, investing in companies that address the evolving demands for healthy and sustainable food. They support innovations across the entire food supply chain, from production to retail.
What's next for Flashfood?
The recent major strategic investment signals a pivotal phase for Flashfood, likely enabling expansion into new markets, enhancement of its technological infrastructure, and further development of partnerships with grocery retailers. This capital infusion is expected to accelerate the company's mission to combat food waste on a larger scale, potentially solidifying its position as a leader in sustainable grocery solutions.
See full Flashfood company page
