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.
Key people at Spoiler Alert.
Spoiler Alert has raised $14.1M in total across 3 funding rounds.
Spoiler Alert's investors include A Capital, Acre Venture Partners, Altair Capital Management, Collaborative Fund, Y Combinator, Jawed Karim, Louis Beryl, Ronny Conway, Bombas, Curious Capital, One Way Ventures, PJC.
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]
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 |
|---|---|---|---|
| Nov 1, 2021 | $11.0M Series A | A Capital, Acre Venture Partners, Altair Capital Management, Collaborative Fund, Y Combinator, Jawed Karim, Louis Beryl, Ronny Conway | |
| Nov 1, 2016 | $3.0M Seed | Acre Venture Partners | |
| 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 |
