Software : Supply Chain : Inventory Optimization
Spoiler Alert is a Boston-based software company helping perishable CPG brands manage excess and slow-moving inventory. Spoiler Alert offers a best-in-class B2B sales platform that enables food & beverage brands to manage their liquidation processes across a private network of discount retailers and nonprofit channels - with a heavy focus on maximizing value recovery, strengthening customer relationships, and increasing the effectiveness of supply chain managers.
Spoiler Alert Raises $11 Million to Accelerate Waste Prevention Efforts in the CPG Industry
Spoiler Alert will use this latest round of funding to continue expanding its team and solution offering. This includes investments in platform enhancements to move more inventory through diversified channels, as well as go-to-market efforts to support product category diversification. “Many Americans continue to depend on discount retail to fight food and hygiene insecurity,” said Ricky Ashenfelter, Spoiler Alert’s co-founder and chief executive officer. ”I am very proud of what our team has built so far, and we look forward to empowering brands and retailers to continue building loyalty with cost- and climate-conscious consumers.”