Afresh Raises $34M Funding Led by Just Climate and High Sage Ventures

San Francisco, April 21, 2026 -- Afresh, the AI platform for grocery, has secured $34 million in new funding led by Just Climate and High Sage Ventures. The investment will support Afresh's expansion as its AI platform scales to over 12,500 departments, with a remarkable 70% year-over-year revenue growth in 2025. Afresh's AI platform addresses the complexities of the grocery industry, particularly in managing perishable inventory and making real-time decisions.

The platform facilitates store-level ordering, distribution center buying, and extends across the full grocery enterprise. Notably, Afresh has partnered with major grocery retailers such as Albertsons Companies, Meijer, and Wakefern, and is live in over 12,500 departments across 40 states. The funding will accelerate Afresh's deployment across retail partners and further advancements in AI technology. The grocery industry is experiencing a significant shift towards AI deployment, with Afresh at the forefront.

Over the past 12 months, the company has witnessed over 60% of its lifetime order volume, emphasizing the growing adoption of its solutions. Afresh has sustained a 70% year-over-year revenue growth and evolved its platform to cover six enterprise-grade solutions, including full-store ordering, production planning, and supply chain optimization. The funding will also drive efforts to reduce food waste and lower emissions in the food system, aligning with Afresh's mission to eliminate food waste and deliver fresher food on the shelf.

To date, Afresh has helped prevent over 200 million pounds of food waste, demonstrating the impact of its AI platform. Afresh's AI-driven approach to grocery operations aims to create better outcomes for retailers, consumers, and the global food system. The investment signifies a pivotal moment for Afresh's continued growth and its mission to revolutionize the grocery industry. The funding from Just Climate and High Sage Ventures underscores the confidence in Afresh's team, platform, and its potential to drive positive change in the industry.