Misfits Market is an online grocery delivery service that sells "ugly" organic produce for cheap. In the first four months of 2021 alone, Misfits Market has rescued the same amount of food as it saved in 2020 as a whole. In 2020, Misfits Market shipped 77 million pounds of food to more than 400,000 households across the US.
Since launching in 2018 Misfits Market has expanded to both coasts and has over 1,000 employees and has received over $300 million in funding. Bloomberg reports its valuation tops $1 billion putting it into unicorn territory. But Misfits Market wasn't an obvious success. In fact, it was just one of many businesses started by its 29 year old founder Abhi Ramesh.
MakeIt Genius
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more: