Research containing Farmer's Fridge
Get data-driven expert analysis from the CB Insights Intelligence Unit.
CB Insights Intelligence Analysts have mentioned Farmer's Fridge in 1 CB Insights research brief, most recently on Feb 24, 2021.
Expert Collections containing Farmer's Fridge
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Farmer's Fridge is included in 6 Expert Collections, including Food & Beverage .
Food & Beverage
Startups in the food & beverage space, including alternative proteins, vertically-farmed produce, functional beverages and more.
Store tech (In-store retail tech)
Companies offering automated checkout solutions for retailers or operating cashless, cashier-free retail stores.
Smart building tech covers energy management/HVAC tech, occupancy/security tech, connectivity/IoT tech, construction materials, robotics use in buildings, and the metaverse/virtual buildings.
New Retail Formats
Tech-enabled, physical retail selling formats that reach beyond the walls of a traditional store.
Food & Meal Delivery
Startups and tech companies offering online grocery, food, beverage, and meal delivery services.
Latest Farmer's Fridge News
Jan 4, 2022
By Luke Saunders 3 minute Read The longer I serve as founder & CEO of Farmer’s Fridge, the more my team, investors, and external partners expect me to be right: to make the right decision, invest in the right things, and pull the right growth levers. And while experience does bring a certain increased intuition, I’m a big advocate for failure. When I look at the inputs to make a strategic decision, the metaphorical “x” I am solving for is not being right all the time. Failure is a big part of life and work, even when—and arguably more so when—you are a founder and CEO. My mantra is that if there isn’t a chance you fail, then you are not pushing yourself hard enough; or even worse, you are not admitting when something is not working. Our entrepreneurial culture celebrates success stories, but I don’t think we talk about failure enough. Failure can be expensive, it can be embarrassing, it can be funny (some of my best stories are from failed ideas), but it’s always critical to growth. advertisement Without further ado, here, three of my worst ideas from the past eight years of Farmer’s Fridge: The Detox Salad: This salad has become a punchline around our office. In the early days, before I had a chef or culinary team on staff, I created a salad that I lovingly named “The Detox,” which was full of everything that came up when I Googled “super food.” It wasn’t good. In fact, it was pretty bad. More importantly, it didn’t meet the needs of my customers. (It turns out, my market wasn’t entirely guys in their 20s trying desperately to recover from a night out.) California: In 2014, one short year after founding Farmer’s Fridge and long before we had a production facility, I gave an interview to the L.A. Times about our business model. I got a little overzealous and told the reporter that we would be launching machines in California in the first half of 2015. Keep in mind, this is when we were still very much so proving out the concept in Chicago and had no business expanding to Indiana, much less across the country. My team freaked out and set me straight, and I quickly had to backtrack on my word. (We just launched in California with five locations at Los Angeles International Airport in fall 2021, a full six years later, and let me tell you what a full circle moment that was for me.) Romaine Empire: Let me guess. You’re rolling your eyes at the cringe-worthy pun above. No, Romaine Empire is not something concocted from a Saturday Night Live skit. It’s actually the original name of Farmer’s Fridge, and the official legal liability company (LLC) name that’s still on all of our tax documentation and employee pay stubs. I thought Romaine Empire was such a clever name for a salad shop, but a few months into the company, a friend sat me down to tell me that it was a truly terrible name. I will admit, I took some convincing—after all, this name was my brain child!— but I was pretty rapidly convinced to change the name to the much more marketable Farmer’s Fridge. New employees inevitably ask about the story of Romaine Empire when they see it on their pay stubs, and while at this point our legal team could swap the name out relatively easily, I like keeping it on our books to remind the team that bad ideas can come from anywhere—especially the founder. Luke Saunders is founder and CEO of Farmer’s Fridge, a network of more than 400 smart fridges stocked with fresh meals and snacks. advertisement
Farmer's Fridge Frequently Asked Questions (FAQ)
When was Farmer's Fridge founded?
Farmer's Fridge was founded in 2013.
Where is Farmer's Fridge's headquarters?
Farmer's Fridge's headquarters is located at 2000 W. Fulton Street, Chicago.
What is Farmer's Fridge's latest funding round?
Farmer's Fridge's latest funding round is Loan.
How much did Farmer's Fridge raise?
Farmer's Fridge raised a total of $62.7M.
Who are the investors of Farmer's Fridge?
Investors of Farmer's Fridge include Paycheck Protection Program, Semillero Partners, Danone Manifesto Ventures, Cleveland Avenue, GreatPoint Ventures and 9 more.
Who are Farmer's Fridge's competitors?
Competitors of Farmer's Fridge include Fresh Bowl and 3 more.
Compare Farmer's Fridge to Competitors
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ShelfX is a retrofit device that let shopper buy without going thru a cashier. It saves supermarkets the cost of cashiers, the cost of cashiers retail space, the cost of tagging products, the cost of long lines, cost of spoilage and theft, cost of product electronic pricing and more.
Byte Foods offers an unattended retail platform for fresh, grab-and-go food. It allows retailers of any size to sell fresh food via a self-service experience. The company was founded in 2016 and is based in Petaluma, California.
leCupboard uses algorithms, software, data and food science to make plant-based and nutrient-dense meals that are distributed in mobile Cupboards in places where people spend most of their time.
Alpaca Market is a salad forward food company that serves chef crafted foods in vending markets located conveniently all over Austin.
Fresh Bowl provides chef-crafted dishes served in reusable glass jars that can be returned for credit on the next purchase.