2024 Revenue
$28.6M
Funding
$10M
YOY
59.8%
Team
397
Founded
2013
How FreshRealm CEO Michael Lippold grew FreshRealm to $28.6M revenue with a 397 person team in 2024.
Provider of fresh food distribution platform. The company's platform offers a temperature-controlled, reusable shipping vessel and a B2B2C cloud-based technology platform.
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FreshRealm Revenue
In 2024, FreshRealm's revenue reached $28.6M. The company previously reported $17.9M in 2023. Since its launch in 2013, FreshRealm has shown consistent revenue growth.
| Year | Milestone | Quote |
|---|---|---|
| 2024 | FreshRealm Hit $28.6m revenue in October 2024 | |
| 2023 | FreshRealm Hit $17.9m revenue in October 2023 | |
| 2021 | FreshRealm Hit $8.2m revenue in April 2021 | |
| 2013 | Launched with $0 revenue |
FreshRealm Valuation, Funding Rounds
FreshRealm has not publicly disclosed its valuation. The company has raised $10M in total funding to date.
FreshRealm has raised $10M in total funding across 1 round, with its most recent round in 2014.
| Year | Round | Amount | Valuation | % Sold | Quote |
|---|---|---|---|---|---|
| 2014 | Funding round | $10M | - | - |
Founder / CEO
Michael Lippold
Michael R. Lippold, also known as Mike, CFA, serves as the Chief Executive Officer of FreshRealm, LLC. Michael Lippold undertakes a wide range of responsibilities that include identifying potential mergers and acquisitions, valuations, new product identification and assessment, and capital-markets outreach, among other duties. He is a food-industrySecurities Analyst. Michael Lippold served as the Director of Strategic Development of Calavo Growers Inc., Michael Lippold joined Calavo from Craig-Hallum Capital Group LLC, where he served as a Senior Research Analyst in the Consumer Sector since 2007. He also served as an Equity Analyst of Craig-Hallum Capital Group, Research Division. Michael Lippold spent seven years in the investment-management business before joining Craig-Hallum. Prior to that, he served as a Quantitative Portfolio Manager of Telluride Asset Management LLC, where he had oversight and traded a fundamental equity portfolio for two years. He served first as a Research Analyst and subsequently co-managed a small-cap stock portfolio with Rocket Capital Management LLC. He holds the Chartered Financial Analyst designation. Michael Lippold earned his B.A. degree in Financial Economics from Gustavus Adolphus College, Saint Peter, Minn.
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
We do not have customer count information for FreshRealm yet.
FreshRealm Employees & Team Size
FreshRealm employs approximately 397 people as of 2026, up from 292 in 2023.
| Year | Milestone |
|---|---|
| 2024 | Reached 397 employees (December 2024) |
| 2024 | Reached 292 employees (October 2024) |
| 2023 | Reached 292 employees (October 2023) |
| 2022 | Reached 201 employees (October 2022) |
| 2021 | Reached 160 employees (December 2021) |
| 2021 | Reached 107 employees (April 2021) |
Frequently Asked Questions about FreshRealm
What is FreshRealm's revenue?
FreshRealm generates $28.6M in revenue.
Who founded FreshRealm?
FreshRealm was founded by Michael Lippold.
Who is the CEO of FreshRealm?
The CEO of FreshRealm is Michael Lippold.
How much funding does FreshRealm have?
FreshRealm raised $10M.
How many employees does FreshRealm have?
FreshRealm has 397 employees.
Where is FreshRealm headquarters?
FreshRealm is headquartered in San Clemente, California, United States.
Compare FreshRealm to the industry
FreshRealm operates across multiple industries. Browse revenue, funding, and growth data for FreshRealm in each sector below.
Data and Sources
All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.
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