FreshDirect Secures $100 Million Loan from UBS

NEW YORK--(BUSINESS WIRE)--FreshDirect, New York’s premier online grocer, through an affiliate, has secured a $100 million commercial mortgage loan from UBS. This financing strengthens the company’s capital position and supports growth initiatives.

The financing will fund investments in technology, AI-powered capabilities, and operations to improve customer experience and efficiency.

“This capital will help us accelerate innovation and invest in the infrastructure supporting our next phase of growth,” said a FreshDirect spokesperson.

ABOUT FRESHDIRECT

Founded in 2002, FreshDirect is New York’s premier online grocer, delivering the highest-quality, freshest food directly to customers' doors. Headquartered in the Bronx, FreshDirect serves the greater New York tri-state area. Offering more than 12,000 SKUs, the company works directly with farmers, growers, and suppliers to source premium meat, seafood, produce, and specialty items, alongside all your favorite grocery brands. FreshDirect is driven by a passion for quality, responsible sourcing, and strengthening the local communities it serves. For more information, visit www.freshdirect.com