Hungryroot, Inc.
Classification
Private
Financials
Revenue & Profit
Valuation
Ratios
People
Deals
M&A2024-03-15Completed
Investor Sponsors NorthBridge PE | Stake Tags 100% |
Deal Amount $120M | Is PE deal Yes |
Target Company Valuation $1.20 MM | Is deal PE backed Yes |
Techniques Acquisition of Assets, Taken Private | Total Acquired 100% |
Investor Sponsors
Deal Amount
$120M
Target Company Valuation
$1.20 MM
Techniques
Acquisition of Assets, Taken Private
Stake Tags
100%
Is PE deal
Yes
Is deal PE backed
Yes
Total Acquired
100%
Secondary Transaction2023-09-01Canceled
Investor Sponsors -- | Stake Tags Majority |
Deal Amount Undisclosed | Is PE deal No |
Target Company Valuation -- | Is deal PE backed Yes |
Techniques Secondary Sale, Management Buy-out (MBO) | Total Acquired 65% |
Investor Sponsors
--
Deal Amount
Undisclosed
Target Company Valuation
NaN
Techniques
Secondary Sale, Management Buy-out (MBO)
Stake Tags
Majority
Is PE deal
No
Is deal PE backed
Yes
Total Acquired
65%
Funding
About
About
Hungryroot, Inc. is a privately-held food delivery service and e-commerce platform that offers personalized, healthy, and convenient meals to customers across the United States. The company's mission is to help people eat more plant-based foods by making it easy and enjoyable to do so. Hungryroot delivers weekly grocery boxes filled with fresh, pre-cut, and pre-portioned ingredients along with easy-to-follow recipes that can be prepared in under 10 minutes. The company's menu is 100% plant-based and includes a variety of options such as salads, grain bowls, stir-fries, soups, snacks, and sweets. Customers can choose from a variety of dietary preferences and restrictions such as gluten-free, nut-free, vegan, and vegetarian. The company also offers a personalized algorithm that suggests meals based on a customer's taste preferences, dietary goals, and past purchases. Hungryroot's meals are designed to be healthy and nutrient-dense, with a focus on whole foods and natural ingredients. The company sources its ingredients from a network of trusted suppliers and prioritizes organic and non-GMO options whenever possible. In addition to its meal delivery service, Hungryroot also operates a direct-to-consumer e-commerce platform where customers can purchase individual grocery items, snacks, and beverages. The company's website also features a range of resources such as cooking tips, recipe ideas, and nutrition information. Hungryroot, Inc. was founded in 2015 by Benjamin McKean, Franklin Becker, and Gregory Struck. Hungryroot, Inc. headquarters are located in New York, New York.
Keywords
Keywords
Classified
Private