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Afresh and Alvarez & Marsal CRG Partner to Save U.S. Value Grocer Gain an Estimated $2.7M Annually

A U.S. value grocer sought to provide its customers – especially those in areas with limited access to nutritious food – with affordable, fresh produce at a competitive price. Yet high shink, staff turnover, and low inventory turns highlighted issues with their centralized distribution model and prevented stores from achieving the degree of operational efficiency required to keep produce at optimal freshness and pass savings along to customers.

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Case Study
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  • Press
  • Article

AI is Now Analyzing Your Garbage

Artificial intelligence has its sights set on your trash as companies use the tech to tackle food waste.

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Article
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  • Press
  • Article

A.I. Is Spying on the Food We Throw Away

Artificial intelligence is peering into restaurant garbage pails and crunching grocery-store data to try to figure out how to send less uneaten food into dumpsters.

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  • Solution
  • Article

The Future of Fresh Inventory: How Afresh's Machine Learning Model is Reimagining Inventory Management

Afresh’s inventory estimator (InvHMM) marries the predictive power of machine learning with the flexibility of hidden Markov models to offer grocery retailers a robust solution that not only enhances inventory accuracy but also optimizes ordering and mitigates shrink.

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  • Solution
  • Article

The Game-Changing Advantages of AI in Grocery

Afresh is setting a new standard for operational excellence in fresh. Our AI equips grocery retailers with the tools to reduce shrink, ensure optimal stock levels, and facilitate smarter, data-driven ordering. In this way, our leading-edge AI not only elevates operational efficiency but also enhances customer satisfaction by fueling an exceptional in-store experience.

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  • Press
  • Case Study

Reducing Fresh Strawberry Loss & Waste in the Retail Supply Chain

The Pacific Coast Food Waste Commitment (PCFWC) commissioned a study on food waste in thefresh strawberry supply chain to identify hotspots and suggest interventions to reduce food loss and waste (FLW) and maximize profit.

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Case Study
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  • Press
  • Article

Convenience: 3 key priorites for consumers

Convenience remains in high demand in the retail grocery industry, and it extends far beyond meal kits and prepared foods.

Every part of a consumer’s grocery shopping experience adds up. Some key factors include the ease of checkout, consistent availability of staple food items, personalized suggestions, options for all dietary needs, and packaging for on-the-go.

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  • Press
  • Article

How Tech Advances Can Lead to Fresh Success

Tools built to improve forecasting and smooth operations give retailers a leg up in fresh foodservice, according to presentations at NRF 2024: Retail's Big Show.

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  • Industry Insights
  • Article

The Pivotal Role of Ordering in Optimizing Meat Departments

As the most influential department on the store's perimeter, meat drives significant foot traffic and sales for grocery retailers. The meat department also presents a unique opportunity for grocers to differentiate themselves from competitors. Recognizing this, industry leaders like Albertsons are increasingly looking towards Afresh’s innovative solutions to better serve their communities.

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  • Press
  • Podcast

Afresh Co-Founder Nathan Fenner On How AI Can Help Grocers Manage Supply Chains

In the latest episode of NVIDIA’s AI Podcast, host Noah Kravitz spoke with the company’s cofounder and president, Nathan Fenner, about its mission, offerings and the greater challenge of eliminating food waste.

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Podcast
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  • Press
  • Article

Albertsons deploys AI-powered ordering and inventory platform

Afresh Technologies and Albertsons Companies (Boise, Idaho) announced today the rollout of the Afresh platform into the meat and seafood departments in more than 2,200 Albertsons Cos. banner stores including Safeway, Albertsons, Jewel-Osco, Shaw’s, Vons and ACME. The Afresh platform drives better decision-making across the fresh

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  • Press
  • Article

How Automation Is Changing the Grocery Game

The ever-present hum in today’s food retail ecosystem tends to revolve around solving problems and pain points with the latest technology. In fact, technology and automation solutions ranging from artificial intelligence (AI) and machine learning to programs like ChatGPT are taking hold at nearly every level of the food production and sales cycle, making it essential to success in grocery both today and in the future.

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  • Press
  • Article

Albertsons to deploy Afresh tech in meat, seafood departments

The grocer has partnered with Afresh to help manage the produce departments of its stores since 2022, and after a two-month pilot this year, the company began a chainwide rollout of the AI-powered Afresh tech in its meat and seafood departments

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Article
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  • Press
  • Article

Albertsons Taps Afresh Solution for Meat and Seafood Departments Chainwide

Since 2022, Albertsons has successfully collaborated with Afresh in the produce category. Following a successful two-month pilot in the retailer’s meat and seafood departments earlier this year, the Afresh platform began an immediate chainwide rollout to those parts of the store.

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Article
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  • Press
  • Article

Albertsons deploys Afresh’s AI food waste tech across its meat, seafood departments

Albertsons said that expanding its use of Afresh’s platform will improve decision-making across the fresh supply chain for those fresh categories, according to the press release.

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Article
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  • Press
  • Article

Afresh Deploys AI-Powered Store Ordering and Inventory Platform to Albertsons Companies’ Meat and Seafood Departments Chainwide

After delivering transformational impact in Produce, Albertsons rolls out the Afresh platform across top-selling fresh categories, Meat and Seafood, driving higher in-stock rates and delivery on localized consumer product preferences

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Article
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  • Press
  • Article

How Progressive Grocer’s Impact Awards Winners Are Improving the World

As environmental, social and governance (ESG) efforts take on ever-greater importance in the business world, the grocery industry has diligently kept pace with this trend. Retailers, suppliers and solution providers alike are striving not only to implement programs that will further their goals in these areas, but also to ensure that conscientious customers know about it, so they can make their purchases accordingly.

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Article
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  • Press
  • Article

How tech is helping produce and profit margins

"I think technology will dramatically change the face of retail in the next 10 to 15 years,” predicts Dain Charette, chief revenue officer with Afresh, a San Francisco-based company that uses AI and machine-learning to help grocers optimize their fresh supply chain. “I’m really excited to see it.”

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  • Press
  • Article

The AI Fresh Revolution

For all the excitement about ChatGPT, it requires significant effort for companies to harness the power of artificial intelligence and related technologies, such as machine learning. However, doing so isn’t just advantageous, it’s crucial — because any company that doesn’t keep pace with developments is going to watch as its competitors master it.

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  • Industry Insights
  • Article

Empowering Store Teams and Reducing Shrink with AI

As grocery tech executives navigate the paradigm shift AI has introduced to this industry, it's crucial to recognize where AI can drive transformational impact. While some may see AI as a means to cut labor costs, Afresh prioritizes the empowerment – not replacement – of store associates. The best way to do this is by leveraging intelligent inventory management solutions to reduce shrink.

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Article
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  • Press
  • Article

Afresh Turns to Fresh Food Inventory

Fresh food tech company Afresh Technologies, Inc. is out with a new solution. The company announced it is now offering an inventory management platform that has been designed for the complexities of fresh food.

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Article
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  • Industry Insights
  • Impact Report

The Future of Fresh

Over the past year, retailers have navigated changing workforce dynamics, customer demand for seamless omnichannel experiences, and fluctuating economic conditions. To stay ahead of the competition, leading grocers are setting fresh-focused strategic priorities designed to enhance customer experiences and expand profits. In The Future of Fresh, we explore the foundational changes taking place in grocery retail as businesses prepare for what's next in fresh.

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Impact Report
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  • Customer Stories
  • Case Study

How Albertsons delivers the fresh experiences customers crave

Albertsons Companies is a world-class grocery retailer that aims to provide every customer with the best experience possible, and shoppers consistently turn to their local banner to find the best fresh food. Today, retail associates across the chain optimize fresh operations and deliver even better experiences using AI-powered technology from Afresh.

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Case Study
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  • Press
  • Article

How AI, digital innovation can help grocers reduce food waste

John Clear of Alvarez & Marsal talks about how new technologies factor into supply chain transparency, worker training and better data management to help food retailers reduce spoilage.

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Article
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  • Press
  • Article

New Retail Food Waste Data Reveals More Than Waste Tonnage

A new ReFED report shows the percentage of retail food waste in the U.S. has dropped in the past three years. The Insight Engine update replaces old survey information with more comprehensive and current data from Pacific Coast Food Waste Commitment (PCFWC) signatories. PCFWC is a public-private partnership between governments and large food corporations –Walmart, Sodexo, Kroger, and Fresh Del Monte to name a few—along the West Coast. They are looking to halve food waste in their region by 2030.

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  • Press
  • Article

This AI Startup Has Saved Grocers From Tossing Millions of Pounds of Food

More grocery stores are adopting this type of technology in an effort to cut down on how much food they toss each year, an amount that totals $28 billion, according to estimates from REFED, a nonprofit that tracks food waste.

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  • Press
  • Article

Special Report: The Greenest Grocer

The importance of sustainability continues to increase for grocers, but it’s not all about booming shopper interest in reducing plastics or consuming plant-based foods. Grocery retailers do have a clear understanding that shoppers want to see more sustainable products, more transparency and more companies taking the lead on things like decarbonization. However, inflation, smaller baskets and cost pressures are increasingly prompting grocers to invest in sustainable measures as a way to bolster profits while keeping pace with shopper preferences.

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  • Customer Stories
  • Case Study

How IT leaders can champion better experiences in fresh

Every grocer’s IT department plays a significant role in driving operational efficiency and companywide innovation. Leaders like Maria Latushkin, GVP of Technology at Engineering at Albertsons Companies, now have the opportunity to champion innovative new strategies that leverage technology to improve outcomes.

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Case Study
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  • Industry Insights
  • Article

Grocery transformation in 2023: how IT is driving true, bottom-line change

The phrase "do more with less" has never been more true, especially in grocery retail IT. And yet, some IT executives are finding ways to lead transformational change for their brands, while still balancing resource allocation and prioritization amid unprecedented market constraints.

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Article
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  • Press
  • Article

Tech can fight food waste, but it’s ‘just one part of the solution’

In some ideal utopia, average consumers could solve the planet’s food waste problem simply by throwing less food out. Realistically, that will never happen. As the oft-cited stat goes, around one-third of the world’s food goes to waste each year. In more recent years, nonprofit think tank ReFED has made it abundantly clear that waste happens up and down the supply chain, not just in consumer homes.

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  • Industry Insights
  • Article

Grocer’s Guide to RFPs for Fresh

Fresh is the most important part of any grocery retailer’s digital strategy and identifying the best-in-class technology for fresh operations is critical. Explore this page to find out why grocers are taking a purpose-built approach to technology and download your free Fresh RFP template to get started on your search!

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  • Industry Insights
  • Article

A new approach that delivers in fresh

In order to be effective in fresh, a system must assess the available data with the expectation of imperfection (which is inherent to fresh goods) and apply techniques jointly across inventory estimation, demand forecasts, and order recommendations to understand and adjust for the degree of uncertainty within the data.

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  • Press
  • Article

10 creative solutions that show how B2B products can have an impact

The Enterprise category of Fast Company’s World Changing Ideas Awards honors approaches to B2B products and services that make systems more equitable, sustainable, or accessible.

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Article
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  • Press
  • Article

Fresh ordering software allows retailers to do more with less

There’s one word that may best sum up the process of deciding what kinds of fresh foods to order, how much and when: uncertainty.

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  • Company
  • Article

Accelerated time to value and low IT lift: the new standard for deploying fresh technology

The grocery industry is experiencing new opportunities for growth with purpose-built tools for modernizing their supply chains. As members of a highly competitive market, this is a critical opportunity to realize higher profits, faster inventory turns, and fresher food for customers.

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Article
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  • Press
  • Article

Fresh Technology Company Afresh Brings Signature AI Power to Deli

As an artificial intelligence platform designed specifically to help retailers optimize fresh food management through intelligent recommendations and streamlined ordering and inventory workflows, Afresh offers a technology platform that is purpose-built for fresh rather than adapted to it like some legacy systems.

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Article
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  • Press
  • Article

Afresh's Nathan Fenner Discusses Produce Benefits to Deli Expansion

Economic questions, inflation, supply chain issues, and labor shortages have driven much of industry news in recent years, making it clear that buy- and supply-side margins are carving miracles out of madness.

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  • Company
  • Article

Why IT leaders are embracing best-in-class solutions for fresh

When choosing their supply chain and inventory management software solutions, should grocers adopt an all-in-one or a best-in-class approach? We believe — admittedly with just a little bias — that the ROI, the strategic enablement, and the surprisingly simple maintenance of our best-in-class, purpose-built tool make this an easy decision. 

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Article
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  • Press
  • Podcast

Eliminating food waste with Nathan Fenner of Afresh

"Afresh is making the fresh food supply chain in retail more efficient, and the way we're doing that is by optimizing decisions at various nodes in the supply chain. The way we optimize those decisions is by powering them with machine learning," says Afresh President Nathan Fenner.

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Podcast
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  • Press
  • Podcast

Solving The Food Waste Problem: Afresh CEO Matt Schwartz

In this episode, we speak with Matt Schwartz, Co-Founder and CEO of Afresh. Afresh is on a mission to reduce food waste globally by transforming the fresh food supply chain. The company builds AI-powered solutions that meet fresh food’s many challenges to optimize grocery retail forecasting, ordering, and operations.

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Podcast
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  • Press
  • Article

Afresh named to CB Insights Retail Tech 100

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Article
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  • Press
  • Article

Panel describes an industry committed to waste

Grocer retailers have thrown the burden of food waste over their shoulder. They are in it for the long haul. A few got together at the Southeast Produce Council’s 2023 Southern Exposure event and one thing was made clear: The tools and commitment are there, and the results are coming.

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Article
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  • Press
  • Article

Retailers, tech experts, growers discuss solutions for food waste, insecurity

“I think the work we're doing to kind of divert food that would otherwise go to waste is incredible, but the root cause here is inefficient supply chain — and we can do better,” Afresh President and co-founder Nathan Fenner said.

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  • Press
  • Article

Afresh expands its AI-powered tech beyond the produce section

The platform offers recommendations to streamline inventory and workflow operations. And now it's moving into meat, seafood, deli and foodservice.

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Article
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  • Press
  • Article

Afresh Technologies moves beyond fruits and vegetables

Afresh has made a name for itself by developing systems that evaluate variables like sales trends, delivery schedules, perishability and the weather and use that information to guide grocery store employees in placing orders for fruits and vegetables.

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  • Press
  • Article

Afresh builds on fresh produce solutions, expands fresh footprint

Current customers including Cub Foods, Fresh Thyme Market and Heinen’s have signed on for the expansion of Afresh into other core fresh departments.

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Article
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  • Press
  • Article

Afresh expands into meat, seafood, deli, and foodservice

After massive success in critical and challenging produce department, expansion continues to other core fresh categories 

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Article
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  • Press
  • Article

Afresh Technologies reports positive results from Albertsons partnership

“For the first time, grocers have a really innovative purpose-built technology that’s well-suited for fresh departments. The fresh category is a strategic differentiator for retailers, but the tech was all designed for non-fresh categories. So we’ve seen a historical underserving of these departments.”

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Article
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  • Press
  • Article

The 4 Best Grocery Store Stocks to Buy in 2023

On January 12, 2023, fresh food technology company Afresh Technologies and ACI announced the completion of an enterprise rollout of the Afresh predictive ordering and inventory management platform.

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Article
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  • Press
  • Article

How artificial intelligence is transforming the produce industry

Supermarket chains have an obligation to their customers to deliver fresh produce, at least, if they want to keep those customers. But keeping up with demand, especially amid seasonal shifts and market disruptions, makes this a complicated task. Through the adoption of AI, San Francisco start-up Afresh aims to simplify that task — and reduce waste in the process.

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Article
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  • Press
  • Article

6 notable tech updates from NRF Big Show

With two large exhibition floors, the National Retail Federation’s annual conference this week had hundreds of vendors, from brand-new startups to larger players like Google and Microsoft, show off their services and offerings to industry leaders.

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  • Press
  • Article

Why AI Could Be the Solution Your Store Needs

AI is rapidly taking the grocery industry to the next level during a time when price volatility, labor shortages and competitive markets threaten to derail its progress. Learn how Afresh is improving product freshness and customer experience with leading grocery partners like SpartanNash.

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Article
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  • Press
  • Article

Afresh Technologies and Albertsons Companies Implement AI-Powered Platform to Help Improve Fresh Produce Inventory and Reduce Waste Going to Landfill

Afresh platform rolled out to more than 2,200 Albertsons Cos. stores within seven months.

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Article
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  • Press
  • Article

Afresh Rolls Out Its AI-Powered Fresh Food Management System to 2,200 Albertsons

Suzanne Long, Chief Sustainability and Transformation Officer at Albertsons Companies, said that “driving sustainability practices across Albertsons Cos. is essential to our business and the communities we serve. Our partnership with Afresh helps us improve ordering and better manage our inventory of fresh fruits and vegetables so our customers have access to fresher products, and we’re able to make meaningful progress toward achieving our goal to have zero food waste going to landfill by 2030.”

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Article
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  • Press
  • Article

Grocery 2023: Fresh is the future

No matter the year or the macroeconomic situation, the stakes for grocers are getting higher and higher. During downturns, share-of-stomach shifts from eating out to eating in, making fresh departments more important than ever.

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Article
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  • Press
  • Article

Albertsons, Afresh Complete AI-Powered Platform Rollout

Albertsons Cos. and Afresh Technologies have completed the enterprise rollout of Afresh’s predictive ordering and inventory management platform across almost all of Albertsons’ banner stores across the country.

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Article
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  • Press
  • Article

Afresh Named to Built In's 100 Best Places to Work in San Francisco

Built In announced its 2023 Best Places to Work winners, companies that foster meaningful employee experiences through cultural programs and benefits their people value. The annual awards program includes companies of all sizes, from startups to those in the enterprise, and honors both remote-first employers as well as companies in the largest tech markets across the U.S.

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  • Press
  • Article

10 of the most promising foodtech startups, according to top VCs

VCs are looking for promising foodtech startups to back as they push for profitability over growth. Insider asked emerging and veteran foodtech VCs to recommend companies helping restaurants and food retailers improve profits at a time when every penny counts. Their picks solve real issues, from addressing food waste to finding new revenue streams.

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  • Sustainability
  • Case Study

Using Artificial Intelligence to Reduce Food Waste in Grocery Retail

Two large retailers used artificial intelligence (AI) solutions to improve their order accuracy, which led to a 14.8% average reduction in food waste per store. While the two pilots were conducted at large retailers, the AI solutions also work for smaller chains. If the entire grocery sector were to implement these solutions, an estimated 907,372 tons of food waste could be prevented, representing 13.3 million metric tons of avoided CO2e emissions and more than $2 billion in financial benefits for the sector.

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Case Study
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  • Press
  • Article

6 words grocers added to their vocabulary lists in 2022

Food retailers learned some new words this year, while some old terms took on renewed importance.

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  • Press
  • Article

Afresh Receives 2022 Rabobank North America Emerging Leadership in Innovation Award

Afresh received the 2022 Rabobank North America Emerging Leadership in Innovation Award for its outstanding contribution to reducing food waste and improving the bottom line for grocery retailers.

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Article
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  • Press
  • Article

The companies playing with food (waste)

Pandemic bottlenecks brought the supply chain into focus, and investors have flocked to companies aiming to put a dent in food waste.

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Article
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  • Press
  • Article

Afresh and Cub Named to RTIH Innovation Awards Shortlist

This award recognizes a successful partnership between a retailer and a technology supplier, with an emphasis on the last 12 months and how said partnership has gone from strength to strength during that period.

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Article
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  • Press
  • Article

Afresh CEO Matt Schwartz Named on the 2022 Packer 25 Influential People in Produce List

The Packer 25 is an annual tribute to 25 leaders, innovators and agents of change across the fresh produce supply chain. We're honored to be listed among such amazing industry leaders.

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  • Company
  • Article

Matt Schwartz Q&A with The Packer

Technology is so powerful — if we can use it effectively in the produce industry, we’ll be able to prevent waste, add days of shelf life to product, and multiply the profitability of all constituents across the supply chain. As a result, fresh-first technology unlocks the potential to drive transformative value for business, people and the planet.

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  • Company
  • Article

Afresh Platform Innovates and Drives Evolution Across Grocery Supply Chain; Matt Schwartz, Nathan Fenner, and Luke Anderson Discuss

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  • Press
  • Article

Afresh Wins Progressive Grocer Impact Award

Afresh is the winner of a 2022 Progressive Grocer Impact Award in the Sustainability/Resource Conservation category.

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  • Press
  • Article

Afresh Technologies is on the Rocket List 2022

Afresh is featured by Otta as a startup in a moment of truly exponential growth. They set criteria and pick companies based on 1) impressive fundraising 2) disruptive missions 3) exploding headcounts.

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  • Customer Stories
  • Case Study

How CUB Supercharged Store Teams with Fresh-first AI

The case study results from CUB’s 3-month pilot with Afresh were remarkable: 92% acceptance of Afresh’s order recommendations and store team efficiency rose by 8.8%.

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Case Study
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  • Customer Stories
  • Case Study

Improving Product Freshness with Faster Inventory Turns at CUB

During the 3-month pilot period, Afresh helped produce teams optimize ordering and inventory management. As a result, sales increased by +2.5%, inventory holds decreased by +7.4%, and inventory turns improved by +6.7%.

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Case Study
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  • Press
  • Article

Afresh Named Top 30 Food Waste Innovation Finalist

To find new ways to prevent food surplus in stores, to exit any food surplus and to then re-use food waste, the ECR Retail Loss group, a network of hundreds of global retailers, have been on the search for innovations in partnership with Co:Cubed—an agency who monitor more than 12 million startups worldwide.

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Article
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  • Press
  • Article

How one grocery chain used AI to slash food waste

Cub has seen an 18% reduction in produce shrink since adopting an AI-based system from Afresh.

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  • Press
  • Article

Innovators Present Disruptive Technologies and Retailers Debate Convenience, Sustainability and Social Consciousness

Matt Schwartz, CEO and Co-Founder at Afresh, emphasized that, with fresh food comprising an essential part of grocery, there is a strong need for new solutions; the Afresh platform drives greater accuracy and enables better ordering and inventory decisions.

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Article
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  • Press
  • Article

The Supply Chain Keeps Eating Venture Capital

To look at the vast sums of venture capital going into supply chain-focused startups, it’s clear investors see an enormous market for next-generation platforms to ease various logistics pain points.

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  • Press
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3 San Francisco Startups Share Their Hiring Plans After Big Funding Rounds

“This round of funding proves that climate tech is important to investors and shows we’re building technology that the world needs,” CEO and co-founder Matt Schwartz said. “I am certainly excited about this financing, but I’m more energized by our team, the phenomenal work we do to be of service to our grocery customers and the positive social impact we’re making.”

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  • Press
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Afresh Wins AgTech Breakthrough Award

Afresh was named "Freshness Control Solution of the Year" by the AgTech Breakthrough Awards.

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  • Press
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Cub Foods goes chainwide with fresh food platform

Cub Foods is implementing Afresh Technologies’ Fresh Operating System across its store base to sharpen management of fresh food operations.

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  • Press
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Cub Deploys Afresh’s AI-Powered Fresh Operating System

Minnesota food retailer Cub has rolled out across its corporate stores the Fresh Operating System from Afresh Technologies, a provider of artificial intelligence-powered technology built specifically for fresh categories within grocery.

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Article
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  • Press
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CUB Rolls Out Afresh's AI-Powered Fresh Operating System After Seeing Transformational Results

Afresh Technologies, the leading provider of AI-powered technology built specifically for Fresh categories within grocery stores, announced today the rollout of its Fresh Operating System across CUB stores. After utilizing Afresh's predictive ordering and merchandising solution in select stores, CUB, Minnesota's largest grocery store serving millions of customers each month, quickly recognized significant improvements to inventory turns and product freshness for consumers, material labor efficiencies for store personnel, and a profound reduction in food waste across their supply chain. Read more here.

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  • Company
  • Article

Sharing Our $115M Series B — and Why We Started Afresh

$115M in Series B funding provides a significant amount of capital to accelerate our vision of a fresher future, preventing millions, then billions, of pounds of food from going to waste along the way.

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  • Press
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Afresh bags $115M to extend fresh food premise

Afresh's fresh food software platform got a $115 million vote of confidence earlier this month in a Series B round led by Spark Capital.

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  • Press
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Afresh Named #1 to Fortune 100 Best Small Workplaces

Afresh was named #1 on Fortune's 100 Best Small Workplaces list.

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  • Press
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Food waste tech firm Afresh raises $115M

Afresh, a technology company that uses artificial intelligence to help reduce food waste at grocery stores, has raised $115 in a Series B round led by Spark Capital, according to a press release last week. Walter Robb, senior executive partner at S2G Ventures and former co-CEO of Whole Foods Market, participated in the round.

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  • Press
  • Article

From Grad School Project to $115 Million Series B: Afresh’s Matt Schwartz on Building an Operating System for Fresh Food

Learn what inspired Afresh co-founders Matt Schwartz, Nathan Fenner and Volodymyr Kuleshov, to create the world's first purpose-built solution for fresh from The Spoon.

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  • Press
  • Article

Afresh Secures $115 Million in Series B Funding and Rolls Out its Fresh Food Technology to Thousands of Stores Across the US

Afresh will use the investment to scale across thousands of stores and expand the footprint of its flexible solution for forecasting, inventory, ordering, and store operations.

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Article
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  • Press
  • Article

Food-Waste Tech Company Afresh Raises $115 Million in Funding

Afresh Technologies Inc., which makes software that helps grocery stores reduce food waste, raised $115 million in new funding.

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  • Company
  • Article

Announcing $115 Million Series B Funding Round for Afresh

Afresh builds grocery retail technology that reduces shrink, prevents food waste, and gives customers fresher perishables. With our $115 million Series B round, Afresh is ready for rocketship growth.

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  • Press
  • Article

100 Best Small and Medium Workplaces for Millennials

Employees say: “Leadership is extremely transparent about what’s going on with company and where we’re headed, and at the same time provide so much enthusiasm and energy to the people that work for them. Not only are we developing a technology that will save companies millions of dollars, but we are having an even larger impact on decreasing the amount of food that is wasted in the grocery supply chain. That’s incredible!”

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  • Press
  • Article

Fighting Food Waste: Achieving Sustainability and Profitability in Fresh

Becoming a more sustainable business while maximizing profits is a balancing act today’s grocery retailers are continually challenged to perform. Progressive Grocer reached out to Matt Schwartz, CEO and co-founder of Afresh, to learn how the company’s AI-powered Fresh Operating System can help grocery retailers achieve that balance by reducing food waste in fresh.

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  • Press
  • Article

4 companies that are powering retail’s tech transformation

Retail is an industry of innovation, constantly changing to meet the demands of customers. That’s why NRF invited Afresh to share how technology advances are transforming the retail industry at The Retail Experience at the 2022 Retail Advocates Summit on July 28.

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  • Press
  • Article

40 Under 40 Class of 2022: Saluting Rising Stars of the Industry

This year’s winners of the 40 Under 40 Produce Business awards illustrate the strength and depth of the industry’s talent — and each one has demonstrated leadership growth and keen insight into building our industry. Afresh CEO and co-founder Matt Schwartz is honored to receive this award.

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  • Press
  • Article

Afresh employees fight food waste with kindness – and tech

If working for a company that has ambitions to change the world is the dream, then the 160-plus employees of Afresh have passed the “living the dream” stage of evolution and moved on to implementing the dream. San Francisco company Afresh, ranked third among small businesses on the Top Workplaces list, is on a mission to “eliminate food waste and make fresh food accessible to all.” It says it is on track to prevent 34 million pounds of food waste by the end of 2022.

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  • Press
  • Article

Think Forward: How 3 San Francisco Tech Companies Foster Innovation

Learn how Afresh's culture of innovation drives transformation for the fresh food supply chain in this Q&A with CTO Jeff Kolesky.

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  • Industry Insights
  • Infographic

Fresh Food: Every Grocer's Most Promising Growth Opportunity

Fresh food is a huge growth opportunity in grocery retail, but it's not easy to meet demand for quality or quantity. Browse our infographic to learn more.

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  • Industry Insights
  • eBook

Opportunities in Fresh: 2022 Report

Grocers are growing their fresh selection to meet consumer demand, we explore how they've been handling shared industry challenges over the past few years.

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eBook
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  • Press
  • Article

Afresh Named to Forbes 75 Best Small and Medium Workplaces in the Bay Area

Afresh aims to eliminate food waste and increase food access with AI-powered solutions built specifically for the unique challenges in the fresh food supply chain.

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  • Press
  • Article

Q&A with Afresh CEO Matt Schwartz

Too Good To Go is always eager to share more background on the many creative solutions being used by sustainable companies to fight food waste. For example, how can optimized demand planning help the planet? That’s where Afresh Technologies is disrupting grocery retail for the better. Afresh Technologies offers grocery retailers an operating system built specifically to help them stock fresher food and reduce waste. Too Good to Go recently sat down with their CEO Matt Schwartz, to chat about Afresh’s approach to sustainability, the importance of data, and his thoughts on the future of food.

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  • Industry Insights
  • Article

Protecting Profits for Your Top Three Produce Items

Keeping bananas, avocados, and berries fresh and full in grocery stores maintains sales, builds basket size, and makes customers happy.

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  • Sustainability
  • eBook

Food Waste: A Solvable Problem

Every year, $1 trillion of food gets thrown away, and the cost is much higher in the long run. Read our free ebook to answer questions like: What is food waste; how do we fix the food waste problem; and what can we all do to help keep food out of landfills.

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eBook
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  • Press
  • Article

Afresh Named to CB Insights AI 100: Most Promising Artificial Intelligence Startups of 2022

CB Insights has unveiled the winners of the sixth annual AI 100 — a list of the 100 most promising private AI companies across the globe. Afresh was included under the retail industry-specific application.

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