Wholeshare

company

About

Online Marketplace for Sustainable Food / Whole Foods for the 99%

  • 11 - 50

Details

Last Funding Type
Seed
Last Funding Money Raised
$1.80M
Industries
E-Commerce,Internet,Marketplace,Organic Food,Sustainability
Founded date
Jan 1, 2010
Number Of Employee
11 - 50
Operating Status
Active

Wholeshare is an online marketplace for sustainable and organic food. Our investors in the food space call us "Whole Foods for the 99%". Only one quarter of the US lives in an area that can support a store like Whole Foods because of the volumes needed to run a natural foods supermarket with 25K products. However, demand for sustainable products is widespread (>$100B/yr) and rapidly growing. Wholeshare enables consumers in every US geography to buy sustainable food at wholesale prices through shopping as a group. Wholeshare members shop for their groceries online and receive products directly from natural food distributors and local food hubs. By tapping into existing wholesale networks, our members are able to save money and get access to foods that they might not have in their communities.

Wholeshare's group-based model solves the last mile problems that have plagued food distribution. We recently started offering 25K products nationally through a partnership with UNFI, the largest natural food distributor in the US. Our sales from that offering has been increasing 65% month-over-month since August, and our total sales currently average about $170K per month. We are proud to have been funded by venture investors such as Andreessen Horowitz, SV Angel, 500 Startups, and BoxGroup, as well as several impact investors with deep expertise in the food space.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
1
$1.80M
Wholeshare has raised a total of $1.80M in funding over 2 rounds. Their latest funding was raised on Dec 18, 2015 from a Seed round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Dec 18, 2015 Seed $1.80M 1 Detail

Investors

Number of Lead Investors
Number of Investors
1
Wholeshare is funded by 1 investors. 500 Global are the most recent investors.
Investor Name Lead Investor Funding Round
500 Global Seed