Peko
Peko is a Vancouver-based grocery delivery service selling mystery bags and boxes of surplus produce and groceries at up to 40% off retail prices to consumers in Metro Vancouver and Calgary. It operates as a subsidiary of Fresh Prep Foods Inc.
- Company typePrivate
- Founded2021
- HeadquartersVancouver, Canada
- Headcount1–10
- GTM typeB2C
- OfferingServices
What Peko does
Peko Produce, doing business as Peko, is a Vancouver-based direct-to-consumer grocery delivery service that sells "mystery" bags and boxes containing surplus and cosmetically imperfect produce and groceries. Founded in 2021 by university students Sang Le and Arielle Lok, the company aggregates surplus and "peculiar"-looking food from farms and wholesalers and redistributes it to individual household consumers at up to 40% off conventional grocery prices. Peko operates exclusively in two Canadian metros — Metro Vancouver (BC) and Calgary (AB) — delivering to most postal codes within those areas on defined days (Thursday/Saturday in BC; Wednesday in Calgary) within an 11AM–7PM PT or 12PM–8PM MT window.
The company's product surface consists of two subscription-capable SKUs: the Peko Bag (12+ lbs of mystery produce with 9–10+ varieties, priced at CA$29.69 for subscribers and CA$32.99 for one-time purchases) and the Peko+ Mystery Box (a mystery assortment of groceries including proteins, dairy, dry goods, produce, and ready-to-eat items, with an estimated retail value of CA$55–65). Customers can purchase one-time or subscribe on weekly, bi-weekly, or monthly cadence with a 10% subscriber discount; a $3 delivery fee per order supports reusable totes and a soft-plastic recycling program, and $1 from every sale is donated to local food rescue charities (Food Stash Foundation and Vancouver Food Runners in BC; Leftovers Foundation in Alberta). Electronic gift cards are sold in CA$15–$100 denominations. Distribution is exclusively through Peko's own Shopify-based e-commerce storefront at pekoproduce.com; there is no app, no public API, and no third-party marketplace presence. The company has no proprietary technology platform — its underlying capability is food-rescue supply aggregation, mystery-box assembly, and last-mile logistics.
Since February 2023, Peko has operated as a subsidiary of Fresh Prep Foods Inc., a certified B Corporation, leveraging Fresh Prep's delivery fleet (and affiliated Fresh Deliveries Inc.) along with corporate customer-service infrastructure. The company reports having diverted 320,000+ lbs of produce from landfills and passed on $635,000+ in cumulative customer savings since May 31, 2021, supported by charity partnerships with Food Stash Foundation (which by January 2023 handled 100% of Peko's operations, up from 25% in 2022), Vancouver Food Runners, and Leftovers Foundation. The GTM motion is direct-to-consumer with a product-led referral layer (Peko Perks), augmented by an extensive content-marketing blog, organic social media (Instagram, TikTok, Facebook, Twitter, Pinterest), email newsletters, and earned media (CBC, Daily Hive, NextShark, TEDx, McGill Dobson).
Peko firmographics
Firmographics- Name
- Peko
- Legal name
- Peko Produce
- Website
- https://pekoproduce.com
- Company type
- Private
- Founded year
- 2021
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Peko is a Vancouver-based grocery delivery service selling mystery bags and boxes of surplus produce and groceries at up to 40% off retail prices to consumers in Metro Vancouver and Calgary. It operates as a subsidiary of Fresh Prep Foods Inc.
- Ownership category
- akta.pro rank
Where Peko is headquartered
LocationHeadquarters
- HQ city
- Vancouver
- HQ country
- Canada
- HQ region
- North America
Offices1 record
Markets served
Peko business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Supply Chain, Personnel, Operations, Marketing or Sales, Others
Revenue model
- Peko Bag (Produce Subscription/One-time): Mystery produce bags delivered weekly, bi-weekly, or monthly. Minimum 12+ lbs, 9-10+ varieties of imperfect/surplus fruits and vegetables per bag. Customers can subscribe for recurring deliveries (auto-renewal) or purchase one-time. Retails at $29.69/subscriber or $32.99 one-time (BC). Subscribers save 10% upfront. Both Peko Bag and Peko+ Box have an estimated retail value of $55-$65.
- Peko+ Mystery Box (Grocery Subscription/One-time): Mystery assortment of groceries including proteins, dairy, dry goods, produce, and/or ready-to-eat food. Minimum 5 varieties. Estimated retail value $55-$65 per box. Same subscription cadence options as Peko Bag. Available in both Metro Vancouver and Calgary.
- Gift Cards: Electronic gift cards sold in denominations of CA$15, $30, $50, $75, and $100. Delivered via email at checkout.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | Peko Bag Subscriber (Thursday/Saturday Metro Vancouver) |
| One time/ perpetual license | Pay-as-you-go | Peko Bag One-time (Metro Vancouver) |
| Subscription | Monthly | Peko Bag (Wednesday Metro Calgary) |
| Subscription | Monthly | Peko+ Mystery Box |
| One time/ perpetual license | Pay-as-you-go | Peko Gift Card |
Go-to-market motion2 records
Distribution channels1 record
Marketing channels5 records
Peko product offering
Product offeringCore offering
Peko delivers mystery produce bags and mystery grocery boxes containing cosmetically imperfect ("peculiar") and surplus food rescued from farms and wholesalers, sold via subscription or one-time purchase to household consumers in Metro Vancouver and Calgary. The Peko Bag contains 12+ lbs of produce with 9-10+ varieties, while the Peko+ Box contains 5+ varieties of groceries including proteins, dairy, dry goods, and ready-to-eat food, with an estimated retail value of $55-$65 per box.
Product overview
Peko is a grocery delivery company that sells mystery produce bags and mystery grocery boxes containing surplus, 'peculiar'-looking, and imperfect foods diverted from landfills. The core products are the Peko Bag (mystery produce only, vegan-friendly, 12+ lbs, 9-10+ varieties) and the Peko+ Mystery Box (mystery groceries including proteins, dairy, dry goods, produce and ready-to-eat food, 5+ varieties). Products are offered via one-time purchase or subscription plans (weekly, bi-weekly, monthly) with up to 40% savings off retail prices. The company also offers gift cards. Peko operates as part of Fresh Prep Foods Inc. and delivers to Metro Vancouver and Calgary areas.
Differentiator
Problem solved
Functional benefit
Brands
- Peko+ Mystery Box: Mystery assortment of groceries including proteins, dairy, dry goods, and/or produce. Estimated retail value of $55-$65.
- Peko Bag
Products and services
- Peko Bag (Mystery Produce Bag) A mystery produce bag containing 12+ lbs of "peculiar" and surplus fruits and vegetables with 9-10+ varieties, vegan-friendly, delivered in reusable tote bags. Available via subscription ($29.69) or one-time purchase ($32.99) with a $3 delivery fee to household consumers in Metro Vancouver and Calgary.
- Peko+ Mystery Box A mystery grocery box containing 5+ varieties of surplus or near-expiry groceries including proteins, dairy, dry goods, produce, and ready-to-eat food, with an estimated retail value of $55-$65. Items may be 1-2 days past Best Before Date (except raw protein and dairy). Available via subscription or one-time purchase to household consumers in Metro Vancouver and Calgary.
- Peko Gift Card Electronic gift cards delivered via email at checkout, available in denominations of CA$15, $30, $50, $75, and $100. Recipients can redeem toward the purchase of mystery produce bags or Peko+ Mystery Boxes.
Quantifiable outcome
- Save up to 40% off grocery store prices
- +3 more outcomes
Companies that use Peko
Customer profileNamed customers3 records
Segments3 records
Ideal customer profiles3 records
Peko technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Peko partnerships and signals
Strategic signalPartnerships
Six partnerships are on record, tiered core and minor.
- Fresh Prep Foods Inc.coreFresh Prep Foods Inc., a certified B Corporation, officially acquired Peko in February 2023. Under Fresh Prep, Peko operates as a subsidiary while maintaining its brand identity and mission. Fresh Prep provides operational infrastructure including delivery drivers, customer service support (callable at 604-569-2699), and corporate services. Peko employees are paid above minimum wage under the Fresh Prep umbrella.
- Food Stash FoundationcoreVancouver-based food rescue charity. From October 2022 to February 2023, 60% of Peko's total proceeds were donated to Food Stash, enabling them to feed over 350 food-insecure individuals weekly and supply rescued food to over 30 charities serving ~15,000 community members per week. As of January 2023, 100% of Peko's operations were moved to Food Stash (vs. 25% in 2022). Over 1,767 Peko boxes were packed by Food Stash volunteers. Partnership continues post-pilot in modified form.
- UBC Arts Undergraduate SocietyminorPartnership established in 2022 with UBC's Arts Undergraduate Society to provide extra affordability to local university communities, potentially through discounted or sponsored Peko boxes for student members.
- Vancouver Food RunnerscoreBC-based food rescue organization. 1% of every BC Peko produce bag sale is donated to Vancouver Food Runners. Also handles donated orders from customers who miss delivery deadlines and from Peko's own excess inventory. Works alongside Food Stash Foundation for Lower Mainland deliveries.
- Leftovers FoundationcoreAlberta-based food rescue charity. 1% of every Alberta Peko order is donated to Leftovers Foundation. Also receives donated orders from missed delivery deadlines in the Calgary region.
- Fresh Deliveries Inc.minorAffiliate company of Fresh Prep that provides delivery services for Peko alongside Fresh Prep's own drivers. Part of the Fresh Prep group of companies.
Scale indicators8 records
Recent moves9 records
Expansion highlights6 records
Peko competitors and assessment
Company assessmentDirect peers
- Misfits Market: US-based online subscription grocer specializing in surplus and 'ugly' produce and grocery boxes at a discount. Closest comparable to Peko's core mystery-bag value proposition, with similar DTC subscription mechanics.
- Imperfect Foods: Direct US competitor offering subscription boxes of surplus and cosmetically imperfect produce and groceries. Overlaps with Peko's core SKU, customer profile (value + sustainability-driven), and weekly subscription model.
- Flashfood: Canadian marketplace app connecting consumers to surplus grocery items from local retailers at discounted prices. Closest Canadian competitor to Peko's food-rescue / surplus-grocery proposition.
- Too Good To Go: Global surplus-food marketplace app offering discounted surprise bags from restaurants and retailers. Comparable to Peko on the surprise-bag/surplus-food DTC mechanism, though broader in food-service scope.
Regional players
- Oddbox: UK-based subscription service delivering boxes of surplus and 'odd' fruit and vegetables. Same surplus-produce subscription concept as Peko, but operating in the UK rather than Western Canada.
Broad incumbents
- Fresh Prep Foods: Peko's parent company (B Corp) operating a broader meal-kit and grocery delivery service across Western Canada. Comparable business model (DTC sustainable grocery delivery) and now directly enables Peko's operations.
- Goodfood (HelloFresh): Canadian meal-kit and grocery delivery incumbent with subscription DTC model. Comparable customer base and delivery infrastructure, though broader portfolio and much larger scale than Peko.
Emerging players
- Lufa Farms: Montreal-based sustainable food delivery service sourcing from rooftop greenhouses and local producers. Comparable on the sustainability + DTC-grocery axis, though focused on freshly grown rather than surplus produce.
- FoodHero: Canadian app connecting consumers to surplus food from local retailers at discount. Overlaps with Peko's surplus-grocery proposition and Western Canadian footprint, though operating as a marketplace rather than a curated mystery box.
Others
- Second Harvest: Canada's largest food rescue charity and Peko's peer in the food-rescue ecosystem. Adjacent rather than competitive — Peko donates to similar organizations and operates in the same surplus-food supply chain.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
Peko social profiles
Digital presencePeko financial estimates
Financial estimateRevenue estimate
Valuation estimate
Peko leadership team
Management profileNumber of profiles
Profiles2 records
Peko funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Peko M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Peko
What does Peko do?
Peko delivers mystery produce bags and mystery grocery boxes containing cosmetically imperfect ("peculiar") and surplus food rescued from farms and wholesalers, sold via subscription or one-time purchase to household consumers in Metro Vancouver and Calgary. The Peko Bag contains 12+ lbs of produce with 9-10+ varieties, while the Peko+ Box contains 5+ varieties of groceries including proteins, dairy, dry goods, and ready-to-eat food, with an estimated retail value of $55-$65 per box.
Is Peko a public or private company?
Peko is a private company. It is classified as corporate owned and is currently operating.
When was Peko founded?
Peko was founded in 2021. It employs 1 to 10 people.
Where is Peko based?
Peko is headquartered in Vancouver, Canada, in the North America region.
How does Peko make money?
Three revenue lines are on record. Peko Bag (Produce Subscription/One-time) is the primary driver. The others are peko+ Mystery Box (Grocery Subscription/One-time) and gift Cards.
Who are Peko's main competitors?
Direct peers on record are Misfits Market, Imperfect Foods, Flashfood and Too Good To Go. Oddbox is listed as a regional player. Broad incumbents are Fresh Prep Foods and Goodfood (HelloFresh). Emerging players are Lufa Farms and FoodHero. Second Harvest is listed as an others.
Does Peko have an API?
No public API is recorded for Peko.