Fresh Source Capital

Fresh Source Capital, LLC is a venture capital firm that specializes in seed and growth stage investments. The firm prefers to make investments in food industry. The firm prefers to make investments in North America. The firm typically makes equity, subordinated debt or royalty financing. The firm prefers to take position on board, observer board or advisory board. Fresh Source Capital, LLC is based in the United States.

Dan Pullman

Founder and Managing Partner

Lisa Sebesta

Co-Founder and Managing Partner

14 past transactions

Atlantic Sea Farms

Series A in 2021
Good food should do good. At Atlantic Sea Farms, our kelp is never dried, never dyed, and is grown at home. We are dedicated to making a powerful and positive impact on the health of our customers and oceans by creating craveable and innovative products made from sustainably farmed sea greens, all while expanding opportunities for Maine's fishing communities.

Little Leaf Farms

Venture Round in 2020
At Little Leaf Farms, they are committed to delivering the freshest, best tasting baby greens to New England salad lovers all year round. From our greenhouse in Devens, Massachusetts, they can deliver our products to stores within a day of harvest – a big difference from the majority of lettuce that is grown on the West Coast and spends a week traveling by truck to our local stores. And, the sustainable growing practices they support have been carefully developed to protect our planet. They hope you enjoy the fresh, delicious flavors of our baby greens!

Artemis

Series A in 2019
Artemis operates an intelligence platform for indoor farms. It specializes in indoor farming software solutions. Artemis help indoor farm operators use data to make more profitable production decisions. It tracks and analyzes all farm data in one place, enabling growers to optimize plant performance and reduce operating expenses. Allison Kopf and Jason Camp founded Agrilyst in 2015 that later became Artemis. It has its headquarters in Brooklyn in New York City.

Ocean Approved

Venture Round in 2019
Ocean Approved is a provider of domestic, fresh, and healthy alternatives to imported seaweed products. Ocean Approved products are right in line with what we and other institutions are looking for sustainable, highly nutritious, and locally produced.

Dahlicious

Venture Round in 2018
Dahicious specializes in producing high quality, clean and wholesome organic foods with smart nutrition for the progressive consumer, creating a healthier and happier world with every product we make. It focuses in the fields of Yogurt Manufacturing, Drinkable Yogurt Manufacturing, and Plant-Based Yogurts. It was founded in 2008 and headquartered in Tewksbury, Massachusetts.

Sfoglini Pasta

Series A in 2018
Sfoglini sources the best American organic semolina flour and unique ingredients from local farms and green markets to create innovative pastas. Traditional bronze dies/plates produce the beautiful rough texture that gives your sauce something to cling to, and they slow-dry their pastas at low temperature to preserve flavor and nutrients.

Local Bushel

Seed Round in 2017
Local Bushel is a Restaurants and other wholesale buyers should purchase food from nearby farmers. competes with commercial food distributors in terms of pricing and level of convenience while providing produce, meat, and dairy products of farmer's market quality. Transform the food distribution sector by making transparent, sustainably sourced food the standard.

BentoBox

Series A in 2017
BentoBox develops a mobile operations platform for restaurants to automate tasks such as updating menus and social media, promoting private events, sharing press, and selling gift cards. Its solution offers search engine optimization, social media and newsletter sign-up, and one-click reservations. BentoBox disrupts third-party services that come between the restaurant and the guest. It also puts the restaurant first and offers tools that drive high-margin revenue directly through the restaurant’s website. Krystle Mobayeni and Pierre Drescher founded BentoBox on August 1, 2013, and it is based in New York City.

Hudson Valley Harvest

Venture Round in 2017
Consolidated Harvest Company (dba Hudson Valley Harvest) provides a valuable service to regional producers in the Hudson Valley of New York as a food hub aggregating from local farms and distributing to regional buyers. The company sources high quality produce (fresh and frozen), meats, and local shelf-stable products co-marketed as the Hudson Valley Harvest brand, with traceability back to the individual farm. Hudson Valley Harvest's services are key to rebuilding the food system in the Northeast region. In addition to providing a sales outlet for local farmers, the company’s diverse product mix and traceability meets a key demand from institutional buyers with local procurement goals.

Just Add Cooking

Venture Round in 2017
Just Add Cooking provides meal kits to greater Boston families with easy-to-follow recipes and fresh, locally sourced ingredients to make healthy meals at home. The company delivers the kits to customers on the same day they are packed with very lite-weight packaging.

Spoiler Alert

Seed Round in 2016
Spoiler Alert is a Boston-based software company helping perishable CPG brands manage excess and slow-moving inventory. Working exclusively at the manufacturing plant or distribution center level, Spoiler Alert offers a best-in-class B2B sales platform that enables food & beverage brands to manage their liquidation processes across a private network of discount retailers and nonprofit channels - with a heavy focus on maximizing value recovery, strengthening customer relationships, and increasing the effectiveness of supply chain managers tasked with handling these typically manual sales processes. Founded by alumni of MIT, Spoiler Alert works with some of the world's largest brands, including Campbell's, Danone, HelloFresh, KeHE Distributors, and Kraft Heinz, along with a growing network of discount channels committed to increasing affordable food access and reducing food waste.

Imperfect Foods

Seed Round in 2016
Imperfect Foods provides grocery delivery service rescuing and redistributing food across multiple grocery categories – including produce, shelf-stable goods, dairy, meat and seafood. Imperfect Foods has remained hyper focused on eliminating food waste and supporting farmers and producers when it comes to excess and imperfect products. The company now rescues and redistributes food across multiple grocery categories - including produce, shelf-stable goods, dairy, meat and seafood. Its performance and agility during the COVID-19 pandemic illustrates that this mission-driven model is poised for success in the long term. -

Farmers To You

Convertible Note in 2014
Farmers To You is a provider of fresh sustainably grown products, meat, and grains. It offers an online marketplace designed to connect farmers, consumers as well as deliver the ingredients directly from the field to the household's doorsteps. The company's online marketplace is a farm-to-table grocery that fosters a partnership between families and farmers, delivering vegetables, fruits, meat, fish, dairy, and bakery products directly from the field, straight to the door.

Red's Best

Venture Round in 2014
Red's Best is a wholesale seafood aggregator based on Fish Pier in Boston with operations in Chatham and Menemsha. MA serving primarily small and mid-size fishermen. Red’s Best’s proprietary software application streamlines the procurement, compliance, and sales process while also providing traceability of the product. Red’s Best buys fishermen’s whole catch, both the species they specifically target and bycatch -- creating markets for such fish that small boat fishermen would not have on their own. In addition, its traceability software allows for consumers to feel confident their seafood is fresh, local, and was caught in a sustainable manner.
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