Checkout
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
This article is for subscribers only.
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.