Flashfood

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Food Waste?
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Based in Canada, Flashfood offers an app that helps customers find groceries that are closer to the expiration date and purchase them at a discount. Flashfood customers can search for stores in their area via the app, browse through deals, and place orders for delivery or pickup. As of May 2020, the app reportedly had over one million downloads. As of February 2022, Flashfoods was operating in Canada and 17 states in the USA (including New York and Michigan) and claimed to have sold over 33 million pounds of food across more than 1,200 locations throughout the United States and Canada.

The app was piloted by US retailer Meijer in November 2019, which reportedly allowed Meijer to have reduced food waste by 10% and thus went on to launch the FlashFood app across all of its stores in the Midwest. As of February 2021, FlashFood app was available in 240 Meijer supercenters.

Other retail partners in the US include Hy-Vee (February 2019), The Giant Company (May 2020), Tops Friendly Market (October 2020), Price Rite Marketplace (August 2021), Independent Grocers Alliance stores (September 2021), and SpartanNash (February 2022). More specifically, as of July 2021, the app was used by 44 Tops stores, and has diverted more than 150,00 pounds of food waste from landfills. In 2021, Flashfoods partnered with Stop & Shop and as of January 2023 , expanded to ~125 Stop & Shop stores. In February 2023 , Flashfood partnered with a Canadian pet store Ren's Pets, to roll out Flashfood at Ren's Pets locations.

In February 2022 , the company raised USD 12.3 million in Series A funding led by S2G Ventures.

HQ location:
PO Box 30053 Toronto RPO Dovercourt Toronto ON CAN
Founded year:
2016
Employees:
51-100
IPO status:
Private
Total funding:
USD 16.3 mn
Last Funding:
USD 12.3 mn (Series A; Feb 2022)
Last valuation:
-
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