Afresh

Challenger

AI platform reducing grocery food waste across 10,000+ store departments in 40 states. Partners: Albertsons, Meijer. Founded 2017, SF. Raised $199M. Private.

Updated April 2026

Company Overview

About Afresh

Afresh Technologies is an AI fresh food supply chain company founded in 2017 by CEO Matt Schwartz, headquartered in San Francisco. Raised approximately $199M total including a $115M Series B (August 2022). Deployed in 10,000+ store departments across 40 states with Albertsons, Meijer, Brookshire, Cub Foods, Smart & Final, and Bashas.

Business Model & Competitive Advantage

The platform unifies demand forecasting, automated ordering, inventory management, and production planning for fresh food departments — the most perishable grocery areas. The AI predicts demand with higher accuracy than traditional methods, reducing spoilage while maximizing freshness. Addresses the 30-40% of U.S. food supply that goes to waste.

Competitive Landscape 2025–2026

In September 2025, Afresh launched Fresh Store Suite with inventory and production planning. November 2025: Fresh Buying for distribution center optimization (piloted with Wakefern). January 2026: new CRO Adam Litle appointed. Evolving from store-level ordering to comprehensive fresh food supply chain platform.

Revenue
$199M
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Key Differentiators

Strong Challenger

Afresh is an established challenger with significant market presence and competitive offerings in Supply Chain & Logistics.

Growth Stage

Afresh has achieved $199M in revenue, demonstrating strong product-market fit.

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