About Butternut Box
Butternut Box is a company based in London (United Kingdom) founded in 2016 by David Nolan and Kevin G Glynn.. Butternut Box has raised $477.37 million across 11 funding rounds from investors including HSBC, Liquidity and General Atlantic. Butternut Box has completed 1 acquisition, including PsiBufet. Butternut Box offers products and services including Fresh Dog Food, Dog Treats and Supplements, and Poo Bags. Butternut Box operates in a competitive market with competitors including Bella and Duke, Pure Pet Food, Parcelpet, Vale Pet Foods and Goood, among others.
- Headquarter London, United Kingdom
- Founders David Nolan, Kevin G Glynn
- Stage Minicorn
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Sectors
Consumer
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Dogmates Ltd.
- Date of Incorporation 26 Nov, 2014
- Jurisdiction LONDON, UNITED KINGDOM
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Annual Revenue
$48.04 M (USD)51as on Dec 31, 2021
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Net Profit
$-21.1 M (USD)-133as on Dec 31, 2021
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EBITDA
$-21.51 M (USD)-134as on Dec 31, 2021
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Total Equity Funding
$477.37 M (USD)
in 11 rounds
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Latest Funding Round
$84.21 M (USD), Debt – Conventional
May 20, 2025
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Investors
HSBC
& 9 more
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Employee Count
Employee Count
- Investments & Acquisitions
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Products & Services of Butternut Box
Butternut Box offers a comprehensive portfolio of products and services, including Fresh Dog Food, Dog Treats and Supplements, and Poo Bags. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Gently cooked meals from human-quality ingredients for dog health.
Additional items like treats for enhanced dog care and wellness.
Convenient bags for waste management included in deliveries.
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Funding Insights of Butternut Box
Butternut Box has successfully raised a total of $477.37M across 11 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $84.21 million completed in May 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 11
- Last Round Debt – Conventional — $84.2M
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First Round
First Round
(01 Apr 2016)
- Investors Count 10
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2025 | Amount | Debt – Conventional - Butternut Box | Valuation |
investors |
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| Sep, 2023 | Amount | Series E - Butternut Box | Valuation | General Atlantic , L Catterton |
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| Sep, 2022 | Amount | Debt – Conventional - Butternut Box | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Butternut Box
Butternut Box has secured backing from 10 investors, including venture fund and institutional investors. Prominent investors backing the company include HSBC, Liquidity and General Atlantic. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Private equity fund focused on global markets
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Founded Year | Domain | Location | |
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L Catterton is recognized as a leading consumer-focused private equity group.
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Founded Year | Domain | Location | |
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Tech focused Early stage VC Firm investing in Europe and the UK
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Butternut Box
Butternut Box has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include PsiBufet. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Natural pet food products are developed and marketed by PsiBufet.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Butternut Box
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Butternut Box Comparisons
Competitors of Butternut Box
Butternut Box operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Bella and Duke, Pure Pet Food, Parcelpet, Vale Pet Foods and Goood, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Subscription-based pet food is delivered via an online platform.
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| domain | founded_year | HQ Location |
Pet food is delivered online via dehydrated and frozen packs.
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| domain | founded_year | HQ Location |
Operates a direct-to-consumer brand offering healthy and nutritious dry pet food.
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| domain | founded_year | HQ Location |
Offers raw, dry dog food, supplements, and treats through online sales.
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| domain | founded_year | HQ Location |
Operates a direct-to-consumer brand offering high-quality dog food through subscriptions.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Butternut Box
Frequently Asked Questions about Butternut Box
When was Butternut Box founded?
Butternut Box was founded in 2016.
Where is Butternut Box located?
Butternut Box is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Is Butternut Box a funded company?
Butternut Box is a funded company, having raised a total of $477.37M across 11 funding rounds to date.
What is the annual revenue of Butternut Box?
Annual revenue of Butternut Box is $48.04M as on Dec 31, 2021.
What does Butternut Box do?
Butternut Box was founded in 2016 in London, United Kingdom, within the pet nutrition sector. Personalized subscription boxes of cooked meals for dogs are provided, based on owner-submitted details. Human-grade ingredients such as beef and turkey are used, with no preservatives or artificial colors added. Recommendations from veterinarians, trainers, and behaviorists are incorporated into the formulations. Operations focus on periodic delivery to customers in the UK.
Who are the top competitors of Butternut Box?
Butternut Box's top competitors include Bella and Duke, Pure Pet Food and Parcelpet.
What products or services does Butternut Box offer?
Butternut Box offers Fresh Dog Food, Dog Treats and Supplements, and Poo Bags.
How many acquisitions has Butternut Box made?
Butternut Box has made 1 acquisition, including PsiBufet.
Who are Butternut Box's investors?
Butternut Box has 10 investors. Key investors include HSBC, Liquidity, General Atlantic, Kreos Capital, and Literacy Capital.
What is Butternut Box's valuation?
The valuation of Butternut Box is $500M as of Sep 2023.