Misfits Market

Misfits Market

Online grocery delivery of surplus foods

About

Misfits Market provides an online grocery delivery service that specializes in organic produce, high-quality meats, seafood, dairy products, and other sustainably sourced groceries. The company focuses on offering affordable food options to cost-conscious consumers by sourcing surplus and imperfect foods that are still fresh and nutritious. This approach allows Misfits Market to sell products at prices up to 30% lower than those found in traditional grocery stores. Customers can easily place orders through their e-commerce platform for home delivery. Misfits Market stands out from competitors by emphasizing sustainability and reducing food waste, which appeals to environmentally conscious shoppers. The company's goal is to make high-quality food accessible while promoting sustainable practices.

Company Stage

Series C

Employees

201-500

Industries

Food & Agriculture, Social Impact, Consumer Goods

Total Funding

$512.1M

Headquarters

Delanco Township, New Jersey

Founded

2018


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Simplify's Take

What believers are saying

  • Partnership with Upcycled Food Association taps into growing interest in sustainable products.
  • Misfits Perks loyalty program enhances customer engagement and brand differentiation.
  • Consolidation of distribution centers may lead to more efficient logistics and cost savings.

What critics are saying

  • Increased competition from Instacart and Amazon Fresh in organic product lines.
  • Closure of fulfillment centers may negatively impact brand perception and customer loyalty.
  • Challenges in maintaining produce quality during delivery with smaller fulfillment centers.

What makes Misfits Market unique

  • Misfits Market offers organic produce at up to 40% off grocery store prices.
  • The company sources surplus foods, reducing waste and promoting sustainability.
  • Misfits Market's private-label line, Odds & Ends, offers pantry staples at lower prices.

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Growth & Insights
Headcount

6 month growth

0%

1 year growth

1%

2 year growth

3%

Benefits

Remote Work Options

Unlimited Paid Time Off

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

401(k) Retirement Plan

Stock Options

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