Apeel Sciences

Apeel Sciences

Extends shelf life of fresh produce

About

Apeel Sciences focuses on extending the shelf life of fresh produce to combat food waste. The company uses natural materials from the peels, seeds, and pulp of fruits and vegetables to create a plant-based protective layer that slows spoilage due to water loss and oxidation. This layer helps keep produce fresh for twice as long, benefiting farmers, suppliers, and retailers by delivering longer-lasting fruits and vegetables. Unlike competitors, Apeel emphasizes sustainability and efficiency, reducing the economic and environmental costs of food waste. Their goal is to transform the food supply chain by providing solutions that enhance the freshness of produce while supporting a more sustainable food system.

Company Stage

N/A

Employees

201-500

Industries

Food & Agriculture, Social Impact

Total Funding

$622.7M

Headquarters

N/A

Founded

2012


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Simplify's Take

What believers are saying

  • The appointment of Luis Beling as CEO signals a new era of growth and strategic direction for Apeel Sciences.
  • The launch of initiatives like 'The Apeel Leverage' and 'Easier Than Ever' campaign showcases the company's commitment to supply chain innovation and customer engagement.
  • Apeel's partnerships with global suppliers and retailers ensure a broad market reach and potential for significant impact on food waste reduction.

What critics are saying

  • Leadership changes, such as the recent CEO transition, can lead to strategic shifts and potential instability.
  • Negative public perception, as seen with the misinformation about their product's safety, could harm the company's reputation and consumer trust.

What makes Apeel Sciences unique

  • Apeel Sciences leverages natural materials to create a plant-based protective layer, setting it apart from competitors using synthetic preservatives.
  • Their focus on sustainability and reducing food waste aligns with global environmental goals, making them a preferred partner for eco-conscious retailers and consumers.
  • Apeel's innovative RipeTrack technology provides unprecedented insight into produce ripeness, enhancing supply chain efficiency and product quality.

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Growth & Insights
Headcount

6 month growth

-7%

1 year growth

-15%

2 year growth

-34%

Benefits

Healthcare, vision, & dental

Open PTO policy

401k

Relocation assistance

Well-being perks

Remote work

Educational stipend

Learning & development

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