We just raised $40M to solve America’s affordability crisis.
Groceries are the #1 financial stressor in America. Food prices are up 30% since the pandemic. For the 100 million Americans earning under $50K, the money runs out before the month does.
To fix it, Forage is building a network for affordability:
1. For families, we’re building a suite of products to expand financial access
2. For partners, we’re building a revenue growth engine by helping them win on affordability
Today, our technology is used in over 100,000 stores across all 50 states. Our payments volume is up 13x YoY. When grocers switch to Forage, they see a 15% lift in EBT revenue.
We also launched the Forage app, a free tool that helps cost-conscious families check their EBT balances, save on groceries, and earn rewards on every purchases.
US grocery is a $1.5T market. We're just getting started.
Onwards! 🚀
As someone that grew up on food stamps - this company is near and dear to me. 1 in 8 Americans (40M people) receive SNAP benefits per month. Most are under 18 years old or over 60. It has traditionally been very hard to check EBT balances, know which grocery stores accept SNAP and how to leverage the benefits. Forage brought SNAP online, enables people to buy via Doordash, Gopuff (and more) and launched a free consumer app last year to help struggling Americans manage their benefits easily. Grateful to be an early investor and to watch @OfekLavian build a wonderful business!
.@JohnMayer says he told Bob Weir and Mickey Hart to NOT modernize The Grateful Dead's music.
"I remember thinking, 'Please don’t do that,' because what they didn’t know, and what I could see, was that the most state-of-the-art thing they could do in 2015 was to present the music exactly as they always had."
Cover story: https://t.co/Fue4l369Hx
Swing Yips. I sadly know this all too well. There is no fully calm swing on tour that would ever produce this. Sure the tape looks bad, but the way to control the club face is to control the mind..
Nick Dunlap has lost 21 strokes off the tee in his last 6 rounds (-3.5 strokes PER round)
Today he lost -5 strokes off the tee.
The stock market has been frozen compared to his head movement 🫨
Shot some craps for first time this trip. Busted on my 2nd roll. Dude derisively says “Nice roll Blues Clues.” Heading to my room to weep at the most cutting put down I’ve ever received in my life.
There are a few golf courses around the USA with turf conditions that truly rise above.
Many courses are green. Many are near flawless and minty. All deserve praise.
But one place stands out when it comes to firm and fast. One place has that really bouncy fescue that experienced golfers dream of.
That place is…
Frances Tiafoe has a crazy story:
• Parents immigrated to America
• Dad worked in construction
• Helped build a tennis facility
• Got Frances free lessons
And now Frances is a top 20 player trying to become the first American male to win a Grand Slam in 20 years.
THREAD 👇