Flashfood, a digital marketplace that connects consumers to heavily discounted food nearing its best-by date, has hit 50 million pounds of food diverted from landfills and 95 million pounds of carbon dioxide equivalent (CO2e) saved from the atmosphere, it has announced.
This milestone was achieved following the company's expansion across North America. Flashfood is available in more than 1,400 stores across Canada and the United States.
Since January, Flashfood has added 200+ stores across partnerships with Stop & Shop, Giant Food of Maryland, Giant Eagle, Food Lion, Family Fare, VG's, Meijer, GIANT and Loblaw, and secured $12.3 million in Series A funding which enhanced the company's ability to deliver impact for shoppers, retailers, and the planet. To-date, Flashfood has saved shoppers more than $120 million on their grocery bills and helps consistent shoppers save an average of more than $540 per year.
"This year we set out to rapidly expand Flashfood's footprint and accelerate our impact with new and existing partners. Not only did we add hundreds of stores to our marketplace, but we invested in our technology to just about double our impact in less than a year," said Flashfood CEO and Founder, Josh Domingues, in a statement. "With hundreds of new stores coming online this fall in the Northeastern United States, our team is focused on quickly scaling our impact to feed more families affordably in light of inflation."
pounds of food saved equates to 95 million pounds of CO2e diverted from the atmosphere, the equivalent of over 38,000 transatlantic flights. Rather than ending up in landfills, those Flashfood purchases fed the equivalent of an entire sports stadium, filled with fans, for more than three months. Flashfood is focused on expanding its footprint with existing partners and will make the app accessible to more shoppers with new payment options set to launch this fall.
Related: Giant Food Partners With Flashfood; Wegmans to Eliminate Single-Use Plastic Bags Chainwide.
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