Afresh

Afresh (operating at afresh.com) is an AI-powered platform engineered for modern grocery retail, specializing in demand forecasting, inventory optimization, and operational efficiency. Founded in 2017 by Nathan Fenner, Erica Hanson, Matt Schwartz, and Volodymyr Kuleshov, and headquartered in Oakland, California, Afresh tackles critical challenges in the fresh food supply chain—where waste, stockouts, and inefficiencies erode profitability. Under the hood, its proprietary AI leverages real-time data from stores and distribution centers to predict demand, reduce food waste by up to 30%, and improve in-stock rates. This allows grocers of all sizes to make data-driven decisions about purchasing, production, and shelf placement, ultimately driving stronger margins and fresher food for customers. Backed by $148 million in total funding, including a $34 million Series C round, Afresh has attracted investors focused on AI-driven retail innovation.