# Abhi Ramesh

> Abhi Ramesh is the founder and CEO of Misfits Market, the online grocer he began in 2018 after seeing saleable apples sidelined at a Pennsylvania orchard. He tested demand with a homemade website and Facebook ads, packed early orders himself, and turned a discounted produce box into a nationwide grocery and perishables-logistics business. Misfits Market now reports $500 million in annual sales, operations across 48 states, and more than 238 million pounds of food rescued since launch.

- **Role:** Founder and CEO at Misfits Market
- **Organizations:** Misfits Market, Horizons School of Technology, Altair Prep, Apollo Global Management, TrendBent
- **Nationality:** Indian American
- **Education:** B.S. in Economics and B.A. in International Studies, University of Pennsylvania, The Wharton School
- **Known for:** Built Misfits Market from a Philadelphia produce-box experiment into a grocery and perishable-fulfillment company operating across the 48 contiguous states., Raised $526.5 million in disclosed venture funding and reached a reported $2 billion valuation in 2021., Named to the Forbes 30 Under 30 Social Entrepreneurs list for 2020.

## Career timeline

- **2010** — Entered the University of Pennsylvania and developed Altair Prep, a personalized SAT and ACT tutoring business.
- **2012** — Took a leave from Penn, joined a Los Angeles incubator, and taught himself to code after Altair Prep's software model failed to gain traction.
- **2015** — Graduated from Penn and joined Apollo Global Management, analyzing middle-market technology businesses.
- **2015-2018** — Co-founded and operated Horizons School of Technology, a 12-week software-engineering program; the founders later returned outside capital after deciding the physical model did not suit venture scaling.
- **2018** — Founded Misfits Market after researching produce grading and seeing unwanted apples at a Pennsylvania orchard.
- **2019** — Misfits Market raised an early $2 million institutional round after reaching several thousand recurring customers.
- **2020** — Pandemic demand forced a waitlist and rapid warehouse expansion; Misfits raised an $85 million Series B.
- **2021** — Raised $425 million across two rounds, including a $225 million round led by SoftBank Vision Fund 2; the company was valued at $2 billion.
- **2022** — Misfits Market acquired rival Imperfect Foods, adding its in-house delivery fleet and broader logistics network.
- **2024** — Expanded the grocery assortment by 50%, grew Odds & Ends beyond 100 products, and launched Misfits+ and Fulfilled by Misfits.
- **2025** — Acquired reusable-packaging grocery service The Rounds, Misfits Market's second acquisition.
- **2026** — Misfits Market reported $500 million in annual sales; Fulfilled by Misfits contributed $45 million and had become its fastest-growing segment.

## Achievements

- Built Misfits Market from a Philadelphia produce-box experiment into a grocery and perishable-fulfillment company operating across the 48 contiguous states.
- Raised $526.5 million in disclosed venture funding and reached a reported $2 billion valuation in 2021.
- Named to the Forbes 30 Under 30 Social Entrepreneurs list for 2020.
- Led Misfits Market's acquisitions of Imperfect Foods in 2022 and The Rounds in 2025.
- Misfits Market reported more than 238 million pounds of food rescued since 2018, including 28,486,547 pounds in 2024.
- Built Misfits Market to a reported $500 million in annual sales by 2026, including a growing third-party fulfillment operation.

## Latest updates

- **2026-02** — Misfits Market disclosed $500 million in annual sales, with $45 million from Fulfilled by Misfits and more than 40% overall gross margins at the end of 2025.
- **2025-05** — Misfits Market acquired The Rounds, adding more than 250 household and grocery items plus reusable-packaging relationships.
- **2025-04** — The company's 2024 impact report said it rescued 28.5 million pounds of food during the year and more than 238 million pounds since launch.
- **2025-03** — Ramesh appeared on How I Built This with Guy Raz to recount Misfits Market's founding and evolution into a national grocery platform.
- **2025-03** — Participated as an angel investor in Swish Robotics' $2.5 million pre-seed round.

## Links

- Website: https://www.misfitsmarket.com
- LinkedIn: https://www.linkedin.com/in/abhiramesh

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Profile page: https://yespress.io/abhi-ramesh
Published by YesPress — https://yespress.io
Last updated: 2026-09-26
