Divert

Overview
Activities
News
Food Waste?
Product stageSegments
Expansion
?
Redistribution, Waste Prevention Technologies
?

Based in Massachusetts, Divert offers technology platforms, logistics, and infrastructure solutions for food waste generators, including retailers, to prevent and manage food waste. Divert’s technology platform helps customers track unsold food, provide data-driven insights, and KPIs to improve waste management. It also supports the streamlining of food waste collection and the setting up of donation infrastructure. The company also operates anaerobic digestion facilities that transform waste food into renewable natural gas (RNG). In June 2023, Divert reached a milestone, having processed more than 1 billion lbs of wasted food since 2021. As of May 2024, the company operated 13 facilities across the US.

Divert has successfully demonstrated the effectiveness of its solutions in multiple customer case studies. For example, Divert improved landfill diversion rates by up to 90% within a year and generated an average of USD 12,800 in savings per store per year for a customer that had over 250 stores across California. Divert had provided a standardized collection system with infrastructure to track and manage unsold food, as a solution to divert waste/unsold food generated from its stores.

 In January 2023, Divert planned to construct a 71,000 sq ft food recovery facility in west Turlock to convert unsold food material from local grocery stores and other food retailers into Renewable Natural Gas (RNG). The processed RNG will be brought to PG&E's on-site transmission line, replacing fossil-fuel gas with a carbon-negative renewable fuel to supply homes and businesses. The Turlock facility was expected to be operational by 2024 and have an annual capacity of processing 100,000 tons of wasted food. 

Key customers and partnerships

As of July 2023, the company provided food waste solutions to five Fortune 100 companies and 5,400 retail partners including Kroger, Albertsons, Giant Food, Ahold Delhaize, and Target, across all 50 US states. In August 2022, the company reported that it had expanded its retail customer base by 40% and added 1,500 retail partners over the last two years. Divert had also signed a 10-year renewable natural gas (RNG) offtake agreement worth USD 175 million with global oil and gas giant British Petroleum (bp) in October 2022. The company had agreed to supply bp RNG generated from its food digestion facilities under development in California, Pennsylvania, and Washington. In March 2023, Divert entered into a USD 1 billion infrastructure development agreement with Enbridge, a Canadian multinational pipeline and energy company, to develop wasted food for renewable natural gas facilities across the US. 

In June 2024, Divert collaborated with Feeding America to scale complementary data-driven solutions and infrastructure, aiming to reduce food waste while redistributing surplus food to those in need. Following this, in September 2024, the company partnered with Blue Diamond Growers to convert almond processing byproducts into renewable energy.

HQ location:
23 Bradford Street, 3rd Floor Concord MA USA
Founded year:
2007
Employees:
251-500
IPO status:
Private
Total funding:
USD 102.7 mn
Last Funding:
USD 100.0 mn (Private Equity; Mar 2023)
Last valuation:
-
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