Pepper Raises $50 Million in Series C Funding to Strengthen…

Team S · 2026-02-23T13:35:32.000Z

Pepper, the New York-based end-to-end technology platform for independent food distributors, has successfully raised $50 million in a Series C funding round aimed at accelerating product innovation, enhancing AI-enabled capabilities, expanding ERP integrations, and scaling go-to-market initiatives across the food distribution industry. The round was led by Lead Edge Capital, a growth equity investor, and included participation from existing backers such as ICONIQ Capital, Index Ventures, Greylock, Harmony Partners, and Interplay, underscoring continued confidence in Pepper’s unified platform for ordering, sales, marketing, accounts receivable, and embedded payments workflows. Pepper’s suite of solutions integrates with more than 70 ERP systems to help over 500 distributors representing around $30 billion in annual gross merchandise volume modernise legacy systems and automate critical operational workflows with AI-driven insights and productivity tools. The platform now supports more than 100,000 active operators nationwide. The company plans to use the fresh capital to expand its product modules, deepen artificial intelligence and data innovation, strengthen ERP ecosystem integrations, and invest in customer success and market expansion efforts to bring next-generation distribution technology to more independent food businesses. Pepper is headquartered in New York City, United States, where it continues to build technology that bridges digital transformation and operational efficiency for one of the largest yet historically fragmented markets.

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Pepper Raises $50 Million in Series C Funding to Strengthen… | Newnex