Abstract DesignAbstractAbstract Design

Turn excess inventory into profit.

Spoiler Alert is the AI-powered operating system for surplus — helping CPG brands recover more value, move faster, and stay in control.

The world's top CPG brands rely on Spoiler Alert to win in the discount channel.

Built for the complexity 
of CPG surplus — from day one.

Unmatched data advantage

Unmatched data advantage

Pricing and demand intelligence built on $6B+ in real transaction data — so every deal is informed by what actually moves.

6B+

in transactions
A network buyers trust

A network buyers trust

Hundreds of vetted retailers, wholesalers, and nonprofits ready to move product quickly, cleanly, and without channel risk.

270+

Vetted and approved
Deep domain expertise

Deep domain expertise

We've worked inside CPG supply chains. We know what sells, where, and at what price — and we've built the platform to prove it.

1000+

brand supported

85+

product categories

We've seen what broken looks like.

Born out of MIT Sloan in 2015, Spoiler Alert was founded by two people who had worked inside CPG supply chains and kept seeing the same problem repeated: perfectly good product written off, with no clear path to recover its value.

At the time, liquidation was manual, opaque, and inconsistent — leaving millions in recoverable revenue on the table while inventory sat idle or went to waste. Spoiler Alert was built to bring structure, intelligence, and control to that process. The industry responded.


Today, Spoiler Alert is the system CPG brands rely on to manage surplus strategically — combining data, technology, and a trusted network to maximize recovery and protect margin. What began as a way to reduce waste has evolved into a disciplined, data-driven approach to turning excess inventory into opportunity.
OUR STORYEmily n Ricky

We're here for a reason.

Our mission is to expand access to affordable, everyday essentials by unlocking the value trapped in surplus inventory.
Food access

Food access

50 million Americans struggle with consistent access to healthy, affordable nutrition. Moving surplus smarter is part of the solution.

Climate impact

Climate impact

Reducing food waste ranks #1 on Project Drawdown's list of the most impactful solutions to the climate crisis.

Profitability & sustainability

Profitability & sustainability

Organic waste is the largest contributor to landfills by volume — and a significant, recoverable drain on CPG margins.

Meet the people behind the platform.

Ricky Ashenfelter

Co-Founder & CEO
Ricky co-founded Spoiler Alert in 2015 after years working inside the supply chains he wanted to fix. Before Spoiler Alert, he was an early employee of a sustainability software startup (acquired by Deloitte), where he led supply chain and waste analyses for major food, retail, and CPG companies. He holds an MBA from MIT Sloan and a degree in Finance and Environmental Studies from Georgetown.

Emily Malina

Co-Founder & President
Emily co-founded Spoiler Alert in 2015 to build a company at the intersection of enterprise technology and mission-driven work. Before Spoiler Alert, she specialized in enterprise technology adoption at Deloitte, driving digital and supply chain transformation at public sector organizations. She holds an MBA from MIT Sloan and a BA from Emory University.

Adam Champagne Goldstein

Chief Technology Officer
Adam leads Spoiler Alert's technology strategy and platform delivery. Before joining, he was a Software Engineering Manager at MeYou Health and a Senior Software Systems Engineer at MITRE, focused on cloud security and open source healthcare products. He holds an MS in Computer Science from WPI.

Matt Greene

Senior Vice President, Sales
Matt brings 15+ years of experience across sales, operations, and revenue leadership in CPG and retail technology. Before Spoiler Alert, he served as VP of Enterprise Sales at Trax and held senior roles at Quri and NielsenIQ.

Elizabeth Eberle

SVP of Marketing
Elizabeth leads demand generation, brand strategy, and customer engagement. She brings experience from General Mills, Ecolab, Dealpath, VTS, IDEO, and Foote Cone & Belding. She holds an MBA from Kellogg and a degree from Northwestern.

Ari Hopkinson

VP of Customer Operations
Ari has been with Spoiler Alert since 2017, leading both supplier and buyer-facing operations. A 2023 Women in Supply Chain Award recipient, she holds a dual degree in Chemical and Environmental Engineering from WPI.

Jeff Love

VP of Product
Jeff leads product development, with a decade of experience across supply chain and enterprise technology. Before Spoiler Alert, he held product leadership roles at project44 and Oracle.

Backed by people who believe in what we're building.

Collaborate Fund Logo.
MIT Sloan Logo
Mass Challenge Logo
Techstars Logo
Valley Oak Investments Logo
Acre Venture Partners Logo
Maersk Logo
Spring Point Partners Logo
Fink Family Foundation Logo
FTW Ventures Logo

Want to help fix one of the biggest problems in CPG?

We're a small, focused team solving a large, important problem. If that sounds like your kind of work, we'd love to hear from you.
Smiling woman with curly hair and glasses working on a desktop computer at a sunny wooden desk.
WHERE WE ARE

Based in Boston, working everywhere CPG does.

Spoiler Alert HQ

131 Dartmouth Street Floor 3,  Boston, MA 02116