Farmstead is the first online grocer to offer fresh, high-quality groceries, delivered for free, at better prices than local supermarkets.
Farmstead helps you eat healthy while saving you time and money.
Farmstead was founded in 2016 by Pradeep Elankumaran and Kevin Li. The company is headquartered in San Francisco, California.
Farmstead is known for leveraging proprietary AI technology and a dark store model - delivery-centric warehouses that serve a 50-mile radius, delivering many thousands of orders per day - to maximize efficiency and reduce costs.
Farmstead’s dark grocery store strategy greatly eases entry into new geographies, reduces food waste by 3-4x and helps eliminate food deserts by making fast, inexpensive delivery available to a wider area.
Farmstead is backed by Aidenlair Capital, Y Combinator, Gelt VC, Duro, Maple VC, Heron Rock, 19 York, Red Dog Capital and others. The company raised $7.9M in a Series A round on Nov 18, 2020. This brings Farmstead's total funding to $15M to date.