Tagged: perishables

Spoiler Alert is a Boston-based B2B software company that helps the world's largest consumer packaged goods makers sell off excess and short-dated inventory before it ends up in a landfill. Its platform digitizes the messy, manual liquidation process - automating listings, optimizing pricing and freight, and matching surplus product to a curated network of discount retailers and food banks. Founded by MIT Sloan classmates in 2015, the company works with brands like PepsiCo, Nestle, Kraft Heinz, Campbell's, and Danone, and says it has helped divert more than 200 million pounds of food from waste.