Amsterdam-based Crisp, an online supermarket, announced a financing partnership with ABN AMRO, securing a €28M credit facility to support its sustainable business model and strategic growth across the Netherlands.
ABN AMRO is a Dutch bank that offers retail, corporate, and private banking services with a focus on Northwest Europe. The bank serves over 5 million clients and employs more than 19,000 people.
“In recent years, Crisp has distinguished itself with a unique and sustainable vision,” says Dan Dorner, Chief Commercial Officer Corporate Banking and member of the Executive Board at ABN AMRO. “Through this partnership, ABN AMRO supports the technological transition toward a local and seasonal food chain, in line with our ambition to promote innovative solutions that create societal impact.”
In April, ABN AMRO joined hands with EIB to sign a synthetic securitisation agreement, enabling €1.2B in new lending for businesses in the Netherlands.
Alongside the financing announcement, Crisp expands its Supervisory Board with the appointment of independent member Boukje Taphoorn, former CMO
The announcement comes after being named Best Dutch Online Supermarket 2025 by research agency YouGov.
The facility partly replaces an existing U.S. venture capital loan, reflecting a deliberate shift toward a long-term collaboration with a leading Dutch bank.
At the same time, the tech scale-up frees up capital for strategic investments and announces an expansion of its Supervisory Board.
Profitable since June 2024
Since its launch in 2018, B Corp-certified Crisp has been working towards creating a sustainable food system by making local and seasonal products from small-scale producers accessible to everyone.
The grocery app has been profitable in the Dutch market since June 2024, and it expects to achieve profitability in Belgium later this year, where it has been operating since 2022.
Crisp anticipates a full-year EBITDA-positive result by 2026.
“In today’s economic climate, many scale-ups are forced to seek funding beyond national borders,” says Tom Peeters, CEO and co-founder of Crisp. “Alongside a solid base of Dutch investors, we now have a partnership with a leading Dutch bank that shares our long-term vision. We’re experiencing strong double-digit growth, with a solid grip on cost management, and extremely high customer satisfaction. That’s far from a given in this challenging industry.”
Expanded into foodservice
In addition to its consumer business, Crisp recently expanded into the foodservice industry through partnerships with Sodexo Netherlands, a food & facility services provider, and school meal provider TommyTomato.
As part of its strategy, Crisp is scaling up the distribution of local, regenerative products grown with special attention to biodiversity. This category saw 30 per cent revenue growth over the past six months.
The online supermarket is also allocating capital for strategic investments in product range expansion, supply chain technology, and further implementation of AI.
Crisp: On a mission to change European food system
Founded by Michiel Roodenburg, Tom Peeters, and Eric Klaassen in 2018, Crisp is the supermarket app that delivers groceries to the doorstep throughout all of the Netherlands and Belgium.
A software and operations system has been designed exclusively for local and seasonal products, ensuring the shortest possible distance from farm to fork.
The Dutch company offers customers throughout the country access to more than 900 small-scale suppliers, demonstrating that circularity, zero waste, and responsible farming can have a place in the mass market.
With the shortest possible route from farm to fork, orders are delivered across the Netherlands and Flanders in a timeslot that suits the customer. In 2024, Crisp earned B Corp certification with a score of 109, reflecting its sustainability efforts.
