Misfits Market, a Delanco, N.J.-based online grocer that offers sustainably sourced food, raised $200M in Series C funding.
The round was co-led by Accel and D1 Capital, with participation from existing investors Valor Equity Partners, Greenoaks Capital, Sound Ventures, and Third Kind Ventures. In conjunction with the funding, Accel’s Ryan Sweeney will join Misfits Market’s Board of Directors.
The company intends to use the funds to expand into every major grocery category and distribute across every underserved area nationwide.
Led by Abhi Ramesh, Founder and CEO, Misfits Market delivers fresh organic produce, sustainably sourced pantry staples, and other grocery items. The company leverages direct relationships with growers and producers to reduce food waste at scale and eliminate inefficiencies in the food system. Misfits Market reaches consumers in every nearly zip code within the states that it serves.
FinSMEs
22/04/2021