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Misfits Funding Round Brings Valuation to $1.1 Billion

  • Grocery delivery company raises $200 million in new funding
  • Company will use proceeds to expand its area of operation
Misfits Market
Misfits MarketSource: Misfits Market
Updated on

Misfits Market Inc., an online grocer specializing in delivering food that would otherwise be wasted, completed a $200 million financing round.

The company is now valued at $1.1 billion, according to a source familiar with the matter who asked not be named because the valuation is private. The Round C funding was co-led by Accel and D1 Capital Partners. Existing investors, including Valor Equity Partners, Greenoaks Capital, Sound Ventures and Third Kind Venture Capital, also participated, Misfits announced on Wednesday.