On February 27, 2019, Flashfood announced the completion of its Seed financing round led by General Catalyst for an undisclosed amount. Flashfood will use the proceeds to expand its operations and staff to meet increasing consumer demands.
In connection with the financing round, Flashflood also announced its entrance into a partnership agreement with Loblaw Companies whereby Flashfood will offer the Flashfood application to customers of Loblaw’s Maxi® and Provigo® stores in Quebec.
Flashfood is a mobile platform connecting surplus food from grocery stores directly to its community at massive discounts.
Osler, Hoskin & Harcourt LLP represented Flashfood with a team led by Chad Bayne that included David Jamieson and Jeremy Lin (Emerging and High Growth Companies).