# Captain Fresh

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/captain-fresh

- Industry: Software
- Headquarters: Bangalore, India
- Website: www.captainfresh.in/
- Total disclosed funding: $132M
- Latest round: Series C (Sep 5, 2023)
- Investors on record: 13

## About

Captain Fresh is an Indian company focused on revolutionizing the seafood supply chain by integrating suppliers with retailers and consumers through advanced technology, ensuring optimal distribution efficiency and product freshness. Founded in 2019 and headquartered in Bangalore, India, Captain Fresh operates in the seafood supply chain sector, directly connecting fish suppliers to customers. Led by founder and CEO Utham Gowda, the company has completed 15 deals.  In March 2026, Captain Fresh raised INR 2.88 billion in venture debt funding from Blue Earth Capital. Captain Fresh specializes in streamlining operations within the fragmented seafood supply chain by leveraging an advanced technology platform that links fish suppliers with retailers and end consumers. This platform enhances the distribution network's efficiency, ensuring the quality of seafood products for customers, including restaurants, grocery stores, and individual buyers. The company serves high-demand urban centers in India and select international markets, addressing challenges related to transparency, traceability, and timely delivery. Captain Fresh generates revenue through a diverse transaction model, including partnerships with suppliers, direct-to-consumer sales, and B2B transactions. The company offers subscription services for its technology, allowing clients access to real-time inventory data and order management. Revenue is also driven by direct seafood sales through its platform, catering to both bulk and individual orders with a pricing structure tailored for various customer segments, underpinned by a commitment to high-quality seafood and efficient service. The company will use the March 2026 funding to expand its delivery and distribution network across international markets.

## Funding rounds

- Series C, Sep 5, 2023, $20M — Accel, Evolvence India, Tiger Global Management, SBI Investment, Prosus Ventures, Z47
- Series C, Oct 27, 2022, $0.8M — Trifecta Capital, InnoVen Capital, Alteria Capital
- Series C, Apr 21, 2022, $7.4M — Evolvence Capital
- Series C, Mar 10, 2022, $49M — Accel, Tiger Global Management, Incubate Fund, Ankur Capital, Prosus Ventures, Z47
- Series B, Dec 24, 2021, $40M — Accel, Tiger Global Management, Incubate Fund, Ankur Capital, Prosus Ventures, Z47
- Series A, Jul 15, 2021, $12M — Accel, Incubate Fund, Ankur Capital, Z47
- Seed, Feb 23, 2021, $0.4M — Z47, ADB Ventures
- Seed, Aug 14, 2020, $2.8M — Incubate Fund, Ankur Capital, Z47

## Investors

- Incubate Fund (https://capitalatlas.ai/funds/incubate-fund) — Seed, Series A, Series B, Series C
- Ankur Capital (https://capitalatlas.ai/funds/ankur-capital) — Seed, Series A, Series B, Series C
- Z47 (https://capitalatlas.ai/funds/z47) — Seed, Series A, Series B, Series C
- ADB Ventures (https://capitalatlas.ai/funds/adb-ventures) — Seed
- Accel (https://capitalatlas.ai/funds/accel) — Series A, Series B, Series C
- Tiger Global Management (https://capitalatlas.ai/funds/tiger-global-management) — Series B, Series C
- Prosus Ventures (https://capitalatlas.ai/funds/prosus-ventures) — Series B, Series C
- Evolvence Capital (https://capitalatlas.ai/funds/evolvence-capital) — Series C
- Trifecta Capital (https://capitalatlas.ai/funds/trifecta-capital) — Series C
- InnoVen Capital — Series C
- Alteria Capital (https://capitalatlas.ai/funds/alteria-capital) — Series C
- Evolvence India — Series C
- SBI Investment (https://capitalatlas.ai/funds/sbi-investment) — Series C