Looking to sell Afresh stock or options?
Afresh has developed a supply chain platform that focuses on managing perishable items for brick-and-mortar retailers and wholesalers. This platform leverages artificial intelligence and machine learning to analyze data points and deliver precise item-level demand forecasts. It provides replenishment recommendations that are optimized for maximizing profit margins. By using Afresh's platform, clients can significantly reduce waste, ensure product freshness, and enhance business profitability.
StartX (US), Insight Partners, Michael Abbott, Bright Pixel Capital, 11k Ventures, Innovation Endeavors, Food Retail Ventures, Impact Assets, 10X Capital, Walter Robb, Vidavo Ventures, LeadX Capital Partners, Ascolta Ventures, Greenhouse Capital Partners, Better Food Ventures, Climate Capital, Maersk Growth, Baseline Ventures, Albertsons Companies, Techstars, Impact Engine, Portfolia, Spark Capital, Doon Capital, VMG Partners.
Afresh is currently a private company. This means that the company is not listed on any public exchange and so there is no public market for its stock. However, there may still be ways to monetize Afresh stock. Depending on Afresh’s policies, you may be able to: (1) find a private buyer in the secondary market to purchase your stock, (2) borrow against your stock, or (3) exchange Afresh stock into the Collective Exchange Fund for a limited partnership interest and then borrow non-recourse against your interest to generate immediate cash. This last alternative can be much quicker and net you more after-tax cash than your other options. An exchange into our fund also reduces your risk by diversifying your holdings out of an over-concentrated position.
Collective Liquidity can provide liquidity to shareholders of Afresh stock in two ways. First, Afresh employees can exchange shares into the Collective Exchange Fund and then borrow non-recourse to generate immediate cash. This can net you more after-tax cash than a stock sale. It also reduces your risk by diversifying your holdings out of an over-concentrated position. In some cases, Collective may also be able to purchase your Afresh stock. Note that all transactions in Afresh shares are subject to the company’s policies regarding secondary transactions. Schedule a call with a Collective Liquidity representative to learn more about your private market liquidity alternatives.
Afresh stock is not listed on any public exchange and so there is no public market for its shares. Therefore, there is no single, centralized price for Afresh stock. Typically, shares of private companies like Afresh are set with buyers in one off negotiations. Collective Liquidity, however, uses a proprietary algorithm to determine its bids so we almost always have an immediately actionable price for you.
On Aug 2022, Afresh is reported to have closed an equity financing in which the investors valued the company at $403M. This valuation is typically calculated by multiplying the per share price of the preferred stock sold in the financing by the number of Afresh shares outstanding assuming the conversion of all stock options, warrants, etc.
Tickers are used to identify company’s shares on public markets like the NYSE or Nasdaq. Because Afresh is not currently publicly traded, it does not have a ticker symbol.
Afresh has not yet conducted an initial public offering (“IPO”) and so remains a private company. Though Afresh is a well-known, successful company, there can be no assurance that it will ever go public or be sold. Because of the risk this imposes on Afresh shareholders, many investors elect to gain liquidity for at least some of their shares before the IPO. Schedule a call with a Collective Liquidity representative to discuss your private market liquidity alternatives.