
Afresh provides AI-powered solutions for the grocery retail industry, specifically focusing on fresh food departments. Their platform optimizes ordering, forecasting, and inventory management to reduce food waste and increase profitability. The technology leverages machine learning to drive better decisions across the fresh supply chain, improving sales, adherence rates, inventory turns, labor efficiency, and reducing shrink and stockouts. Afresh aims to make fresh food more accessible and sustainable by tackling the complexities of fresh food data and workflows, which differ significantly from center store operations. The company has demonstrated significant impact, preventing millions of pounds of food waste and reducing associated carbon emissions and water usage.

Afresh provides AI-powered solutions for the grocery retail industry, specifically focusing on fresh food departments. Their platform optimizes ordering, forecasting, and inventory management to reduce food waste and increase profitability. The technology leverages machine learning to drive better decisions across the fresh supply chain, improving sales, adherence rates, inventory turns, labor efficiency, and reducing shrink and stockouts. Afresh aims to make fresh food more accessible and sustainable by tackling the complexities of fresh food data and workflows, which differ significantly from center store operations. The company has demonstrated significant impact, preventing millions of pounds of food waste and reducing associated carbon emissions and water usage.
Sector: AI software for fresh grocery retail
Founded: 2017
Headcount: 170 employees
Total funding: USD 147,790,000
Product focus: Fresh replenishment, inventory & production planning
Food waste and inefficient fresh inventory/replenishment workflows in grocery retail
2017
Retail / Food-tech / AI software
Crunchbase lists a Series B entry dated Aug 4, 2022.
USD 13,000,000
Reported $13M extension valuing the company at $100M.
“Backed by venture investors including Spark Capital, Innovation Endeavors, Maersk Growth, Food Retail Ventures, Baseline Ventures, and others”