Fresh Prep: Raises $21M in Series B Funding

Fresh Prep Raises $21M in Series B Funding

• Fresh Prep, a Vancouver, Canada-based meal kit company, raised $21M in Series B funding
• The round, which brought total funding raised to date to over $35m CAD, was led by Yellow Point Equity Partners with participation from Renewal Funds
• The company intends to use the funds to continue to accelerate growth through talent acquisition, automation, new products, and geographic expansion
• FreshPrep provides a meal kit delivery service that delivers everything needed to make meals at home using fresh ingredients in 30 minutes
• With a focus on sustainability, pre-chopped ingredients are delivered in reusable cooler bags with fresh, locally-sourced ingredients whenever possible
• Currently, the Certified B Corporation® has a team of over 350 employees and services tens of thousands of customers across B.C.