Burlingame, CA – According to filings with the U.S. Securities and Exchange Commission, Lush Inc. dba Farmstead is raising $39,974,543.00 in new funding. Sources indicate as part of senior management President and Chief Executive Officer, Pradeep Elankumaran played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.

About Lush Inc. dba Farmstead
Farmsteads smart-buying AI technology reduces food waste by buying only exactly what we need for your delivery. As you buy more, we get better at saving you money and food waste continues to drop – creating a greener earth for everyone. Put your groceries on autopilot and get a 5% discount each time you buy the same product again. Customers save hundreds of dollars per year. Shop your favorite local + national brands all in one place. Your produce is hand-selected for quality each time you buy. Get free, same-day reliable delivery any time you shop. Pay $0/month – there are no delivery fees or commitments. We work with local farmers and national distributors to stock up on your favorite products – fresh fruit and veggies plus the family-friendly national brands you love.

To learn more about Lush Inc. dba Farmstead, visit http://www.farmsteadapp.com/

Contact:
Pradeep Elankumaran, President and Chief Executive Officer
650-215-6213
pradeep@farmsteadapp.com

SOURCE: http://www.intelligence360.io
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