Apeel Sciences

Extends shelf life of fresh produce

Goleta, California, United States

About Apeel Sciences

Apeel Sciences focuses on extending the shelf life of fresh produce to combat food waste. The company uses natural materials from the peels, seeds, and pulp of fruits and vegetables to create a plant-based protective layer that slows spoilage by reducing water loss and oxidation. This allows produce to stay fresh for twice as long, benefiting farmers, suppliers, and retailers by delivering longer-lasting fruits and vegetables to consumers. Unlike competitors, Apeel emphasizes sustainability and efficiency, generating revenue through partnerships with growers and retailers who utilize their technology. Their goal is to create a more sustainable food system by minimizing food waste and enhancing the value of produce throughout the supply chain.

Goleta, CaliforniaHeadquarters
2012Year Founded
$622.7MTotal Funding
DEBTCompany Stage
Food & AgricultureIndustries
201-500Employees

Benefits

Healthcare, vision, & dental
Open PTO policy
401k
Relocation assistance
Well-being perks
Remote work
Educational stipend
Learning & development

Risks

Competition from companies like Hazel Technologies could impact Apeel's market share.
Leadership changes may lead to strategic shifts disrupting operations and partnerships.
Reliance on global supply chains makes Apeel vulnerable to geopolitical tensions and trade restrictions.

Differentiation

Apeel Sciences uses plant-based technology to extend produce shelf life, reducing food waste.
Their invisible protective layer is derived from natural fruit and vegetable materials.
Apeel collaborates globally, enhancing produce freshness for farmers, suppliers, and retailers.

Upsides

Growing demand for sustainable products aligns with Apeel's mission to reduce food waste.
Digital platforms in supply chain management offer integration opportunities for Apeel's technology.
Focus on reducing carbon footprints pushes retailers to adopt Apeel's waste-minimizing solutions.