What is Fresh Prep?
Founded in 2015 and headquartered in Vancouver, Fresh Prep has carved out a distinct market position by prioritizing environmental stewardship alongside culinary convenience. The company operates a comprehensive delivery network spanning British Columbia, Alberta, Ontario, and Quebec. Central to its operational strategy is the implementation of reusable cooler bags and patented Zero Waste Kits, which directly address the industry-wide challenge of single-use plastic waste. By integrating high-quality ingredient sourcing with a circular economy model, Fresh Prep serves the growing demographic of environmentally conscious, time-constrained households seeking premium meal solutions.
How much funding has Fresh Prep raised?
Fresh Prep has raised a total of $5M across 1 funding round:
Series A
$5M
Series A (2020): $5M with participation from Renewal Funds company
Key Investors in Fresh Prep
Renewal Funds
A mission-driven venture capital firm that invests in early-to-growth stage companies focused on environmental sustainability and social impact.
What's next for Fresh Prep?
The latest capital allocation is expected to accelerate Fresh Prep's strategic expansion and technological integration. As the company transitions into a more mature phase of enterprise-level operations, management will likely focus on optimizing supply chain efficiencies and deepening its penetration in existing markets. Future growth initiatives may include the enhancement of its proprietary Zero Waste infrastructure and the potential diversification of its product offerings to maintain a competitive edge. By leveraging this recent investment, Fresh Prep is well-positioned to solidify its status as a leader in sustainable food delivery, balancing rapid scaling with its core commitment to reducing the ecological footprint of the meal kit industry.
See full Fresh Prep company page
