COMPANY PROFILE

Meet Misfits Market.

 
 
 
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HQ: Greater Philadelphia, PA

Founder: Abhi Ramesh

Website: www.misfitsmarket.com

Opportunity: Almost half of all produce harvested in the U.S. is never eaten, in part because fruits and vegetables that don't fit grocery store standards or that come from surplus harvests are thrown away. Consumer packaged goods are similarly wasted due to label imperfections, short-coded packaging, and surpluses. Misfits Market applies technology to rescue this food and sell it direct-to-consumer at prices approximately 40% less than traditional grocery stores.

Vision: Bring delicious, fresh, and affordable food to people everywhere while reducing inefficiencies in the food system at a scale that creates positive and lasting impact. 

Status: Active – VSV and Valor Growth (Platform)

 
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QUICK FACTS

> First partnered with Valor in 2019.

> Misfits Market has built a proprietary technology platform to aggregate produce and CPG products from a fragmented supplier base and dynamically match it with demand via a disruptive pricing model.

> As of March 2020, Misfits Market delivers in 24 states.

> As of Q1 2020, grocery delivery represents a mere 2% of the nation's annual $900 billion grocery spend.

 

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Work at Misfits Market.

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