Spoiler Alert Raises $2.5M in Seed Funding

spoiler-alertSpoiler Alert, a Boston, MA—based technology platform for food businesses to manage their unsold inventory, closed a $2.5m seed funding.

Backers included Acre Venture Partners, the Fink Family Foundation, Valley Oak Investments, LaunchCapital, Fresh Source Capital, and FTW Ventures.

The company intends to use the funds to accelerate platform development, team growth, and its geographic expansion plans.

Founded in June 2015 by CEO Ricky Ashenfelter, Spoiler Alert provides a collaborative, online platform that enables food manufacturers, distributors, retailers, farms, and nonprofits to manage food donations, discounted sales and organics brokering, and that features accounting and reporting systems to capture tax benefits and document financial, environmental, and social metrics.




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