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To democratise access to high-quality, affordable organic food, while reducing food waste.
33% employee growth in 12 months
Quality control within the grocery industry has resulted in huge waste levels due to the perception that people do not want to buy misshapen food. Despite this being the case for some, many consumers are happy to purchase 'ugly' produce if it is tasty and cost-saving, yet existing channels for the purchase of imperfect food are currently scarce.
Misfits Market offers subscription boxes of 'ugly' fruit and vegetables, allowing users to choose which products they want within their package whilst saving up to 40% on grocery store prices. The company provides memberships for free and purchases the produce from grocery stores where it would usually be wasted, saving retailers money at no additional cost to the consumer.
Several platforms for the sale of 'ugly' produce have arisen over the last few years, but Misfits Market present themselves as a competitive player by providing their memberships for free and as a delivery subscription service. Unlike other competitors, the company also provides food outside of fruit and vegetables such as meat, seafood, and other packaged goods.
Freddie
Company Specialist at Welcome to the Jungle
Sep 2021
$225m
SERIES C
Apr 2021
$200m
SERIES C
This company has top investors
Abhi Ramesh
(CEO)Abhi started their career as an Operation HOPE Consultant, before studying at the University of Pennsylvania and co-founding Altair Prep and StoreTok. They started the Horizons School of Technology in 2015 before founding Misfits Market as CEO in June 2018.