Misfits Market’s $200 Million Series C Financing Round

Paul, Weiss advised D1 Capital and Accel on the deal.

Misfits Market executed its $200 million Series C financing round, led by D1 Capital and Accel. Valor Equity Partners, Greenoaks Capital, Sound Ventures and Third Kind Ventures also participated in the round. 

The oversubscribed funding round, which closed on April 21, brings the company’s total funding to $301.5 million and allows Misfits Market to expand distribution and push forward its goal of eliminating food deserts in America by 2025.

Misfits Market is the fastest-growing direct-to-consumer online grocery service in the U.S. that delivers quality, sustainably sourced food at a value.

Paul, Weiss advised D1 Capital and Accel with a team including corporate partners Ted Ackerman (Picture) and Raphael Russo; intellectual property partner Claudine Meredith-Goujon; executive compensation partner Andrew Gaines; real estate partner Peter Fisch; and tax partner David Mayo.

Involved fees earner: Edward Ackerman – Paul Weiss Rifkind Wharton & Garrison; Peter Fisch – Paul Weiss Rifkind Wharton & Garrison; Andrew Gaines – Paul Weiss Rifkind Wharton & Garrison; David Mayo – Paul Weiss Rifkind Wharton & Garrison; Claudine Meredith-Goujon – Paul Weiss Rifkind Wharton & Garrison; Raphael Russo – Paul Weiss Rifkind Wharton & Garrison;

Law Firms: Paul Weiss Rifkind Wharton & Garrison;

Clients: Accel ; D1 Capital Partners;

Author: Martina Bellini