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§ Private Profile · Boston, MA, USA
Spoiler Alert is a company.
Spoiler Alert has raised $14.1M across 3 funding rounds.
Key people at Spoiler Alert.
Spoiler Alert has raised $14.1M in total across 3 funding rounds.
Spoiler Alert provides a B2B software platform for Consumer Packaged Goods (CPG) companies to manage and sell excess inventory. It automates listings, optimizes pricing, and streamlines logistics, connecting suppliers directly with a buyer network. This data-driven solution enhances recovery and operational efficiency, solving product disposition challenges for global supply chains.
Founded in 2015 by Ricky Ashenfelter and Emily Malina, out of MIT, Spoiler Alert addressed significant commercial waste from unsold inventory. The co-founders developed scalable technology to empower businesses to reduce waste, improve profitability, and contribute to environmental and social challenges. Their insight recognized the substantial financial and ecological burden caused by product surplus.
The company serves manufacturers, wholesalers, and retailers, enabling profitable disposition of surplus stock. Spoiler Alert's mission maximizes sustainability, efficiency, and profitability for global supply chains. Their vision fosters a waste-free economy by transforming inventory liquidation into an effective process, ensuring products consistently reach new markets.
Key people at Spoiler Alert.
Spoiler Alert has raised $14.1M across 3 funding rounds. Most recently, it raised $11.0M Series A in November 2021.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Nov 1, 2021 | $11M Series A | Collaborative Fund | A Capital, Acre Venture Partners, Altair Capital Management, Y Combinator, Jawed Karim, Louis Beryl, Ronny Conway, Maersk Growth, Spring Point Partners, The Fink Family Foundation, Valley OAK Investments | Announced |
| Nov 1, 2016 | $3M Seed | Acre Venture Partners | Fresh Source Capital, FTW Ventures, Launch Capital, Niko Hrdy | Announced |
| Feb 1, 2016 | $120K Seed | — | Bombas, Curious Capital, ONE WAY Ventures, PJC, Round ONE Capital, Vinyl Capital, Claire Diaz Ortiz, Dave Balter, Diane Hessan, JOE Caruso, Paul Sawaya, Steve Schlafman | Announced |
Spoiler Alert has raised $14.1M in total across 3 funding rounds.
Spoiler Alert's investors include Collaborative Fund, A Capital, Acre Venture Partners, Altair Capital Management, Y Combinator, Jawed Karim, Louis Beryl, Ronny Conway, Maersk Growth, Spring Point Partners, The Fink Family Foundation, Valley Oak Investments.
Spoiler Alert is a B2B SaaS company founded out of MIT that provides software to help food and consumer packaged goods (CPG) manufacturers manage excess, slow-moving, and short-dated inventory through digitized liquidation processes.[1][2][3] It serves major brands like Nestlé, Kraft Heinz, Campbell Soup, Danone, Mondelēz, and HelloFresh, enabling them to recover value from surplus products by connecting them to discount retailers and nonprofits, thereby reducing food waste, boosting profitability, and addressing sustainability and food insecurity.[2][3][6][7] The platform has kept over 500,000 tons of product out of landfills, tackling issues like climate change and resource inefficiency while driving financial gains for customers.[3][6]
Spoiler Alert was founded in 2015 in Boston by MIT alumni Ricky Ashenfelter (CEO) and Emily Malina (CPO), driven by frustration with food waste in supply chains.[3][5][6] The idea emerged from their recognition that 30%-40% of U.S. food production goes uneaten despite global hunger, prompting a data-driven solution rooted in supply chain, CPG analytics, and enterprise software expertise.[3][5][7] Early traction came from working with top CPG giants, evolving from a waste-prevention tool into a comprehensive sales and supply chain platform; by 2021, it raised $11 million in Series A funding to scale operations.[2][7]
(Note: References to a consumer-facing app with OCR scanning in older sources appear unrelated to the primary B2B company.[4])
Spoiler Alert rides the wave of sustainability tech and circular economy trends, capitalizing on food waste as Project Drawdown's top climate solution amid rising pressures from climate change, food insecurity (affecting 50 million Americans), and resource scarcity.[1][3][7] Timing is ideal with post-pandemic supply chain disruptions, stricter ESG regulations, and CPG demands for efficiency—30%-40% U.S. food loss creates massive opportunity within a $1T+ industry.[3][7] It influences the ecosystem by proving waste reduction boosts profits, inspiring brands to integrate tech for equitable food systems and pressuring peers to adopt similar models.[2][6]
Spoiler Alert is poised for accelerated growth through platform expansions, buyer network growth, and international scaling, building on Series A momentum and partnerships with CPG leaders.[2][6][7] Trends like AI-enhanced forecasting, regulatory pushes for waste reporting, and consumer demand for affordable nutrition will propel it toward powering a global waste-free economy.[1][3] Its influence may evolve from niche waste manager to supply chain standard, maximizing triple-bottom-line impact—echoing its origins in turning "waste drives us crazy" into widespread profitability and planetary good.[3][6]