Mill

Mill

Transforms food scraps into animal feed

About

Mill.com provides a solution for managing food waste by drying and grinding food scraps into a resource called "Food Grounds." This process is facilitated by a device that resembles a kitchen bin, which operates quietly and requires emptying only once a month, eliminating unpleasant odors. The company targets environmentally conscious households in the U.S. with a subscription model that costs about a dollar a day, making it accessible to many consumers. Unlike traditional composting, the processed food waste can be used as animal feed, particularly for chickens, and customers can choose to keep their Food Grounds or have them picked up by the company. Mill.com aims to reduce the environmental impact of food waste, which is a significant contributor to global warming, and is positioned to capture a share of the sustainable waste management market.

Company Stage

Series C

Employees

201-500

Industries

Food & Agriculture, Social Impact, Consumer Goods

Total Funding

$165.4M

Headquarters

N/A

Founded

2020


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Simplify's Take

What believers are saying

  • Mill's innovative technology has already processed over two million pounds of food waste, demonstrating significant impact and consumer adoption.
  • The next-generation Mill device is faster and quieter, enhancing user experience and driving further market penetration.
  • High-profile leadership from Matt Rogers, co-founder of Nest, brings credibility and proven expertise in consumer tech to Mill.

What critics are saying

  • The success of Mill's business model relies heavily on consumer adoption and behavior change, which can be unpredictable.
  • Competition from traditional composting methods and other food waste solutions could limit Mill's market share.

What makes Mill unique

  • Mill's unique 'magical bottomless kitchen bin' offers a novel, user-friendly solution to food waste management, unlike traditional composting methods.
  • The subscription-based model makes Mill's service affordable and accessible, setting it apart from more expensive, one-time purchase competitors.
  • Mill's focus on transforming food waste into animal feed aligns with EPA recommendations, providing an eco-friendly alternative to landfill disposal.

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Growth & Insights
Headcount

6 month growth

20%

1 year growth

8%

2 year growth

306%

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