# Spoiler Alert

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/spoiler-alert

- Industry: Software
- Headquarters: Boston, US
- Website: www.foodspoileralert.com
- Total disclosed funding: $14M
- Latest round: Series A (Dec 1, 2021)
- Investors on record: 10

## About

Spoiler Alert provides innovative solutions to reduce food waste, facilitating connections between food producers, distributors, and charities for better resource management.Founded in 2015 and headquartered in Boston, US, Spoiler Alert focuses on minimizing food waste by enabling better food recovery and redistribution. The company was co-founded by Emily Malina and Ricky Ashenfelter, who previously worked in the food supply chain sector. The latest funding round was a Series A in December 2021, where the company raised USD 11.00 mn led by Collaborative Fund, with participation from Acre Venture Partners, Fink Family Foundation, Maersk Growth, Spring Point Partners, and Valley Oak Investments.Spoiler Alert offers a platform that connects food businesses with surplus inventory to food banks and charities, thus streamlining the redistribution process. This service aims to reduce food waste while supporting community food security. The platform includes features for inventory management and reporting to assist users in tracking food donations and redistributions effectively.Spoiler Alert generates revenue through its subscription-based platform, allowing businesses to manage their surplus food and streamline donations. The pricing structure includes various tiers based on the features offered, with customers typically opting for annual billing to benefit from cost savings. The company's revenue is further supported by partnerships with organizations focused on food recovery and sustainability.Following its most recent funding round in December 2021, Spoiler Alert plans to use the USD 11.00 mn raised to expand its team and enhance its solution offerings. The company aims to develop new products to improve the donation process and increase its reach into new markets, targeting expansion efforts within North America and Europe by the end of 2023.

## Funding rounds

- Series A, Dec 1, 2021, $11M — Collaborative Fund, Valley Oak Investments, Acre Venture Partners, Fink Family Foundation, Maersk Growth, Spring Point Partners
- Seed, Nov 16, 2016, $2.5M — Fine Family Foundation, LaunchCapital, Valley Oak Investments, Acre Venture Partners, Fresh Source Capital, FTW Ventures

## Investors

- Fine Family Foundation — Seed
- LaunchCapital (https://capitalatlas.ai/funds/launchcapital) — Seed
- Valley Oak Investments (https://capitalatlas.ai/funds/valley-oak-investments) — Seed, Series A
- Acre Venture Partners (https://capitalatlas.ai/funds/acre-venture-partners) — Seed, Series A
- Fresh Source Capital (https://capitalatlas.ai/funds/fresh-source-capital) — Seed
- FTW Ventures (https://capitalatlas.ai/funds/ftw-ventures) — Seed
- Collaborative Fund (https://capitalatlas.ai/funds/collaborative-fund) — Series A
- Fink Family Foundation — Series A
- Maersk Growth (https://capitalatlas.ai/funds/maersk-growth) — Series A
- Spring Point Partners — Series A