Butternut Box

London, United Kingdom Founded: 2016 • Age: 10 yrs
Platform offering cooked-meal delivery service for dogs
Annual revenue $48.0M Latest available
Total funding $477.4M 11 rounds
Employees - Tracked headcount
Investors 10 Known backers
Products 3 Services tracked
Competitors 6 Brand Intelligence

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
  • Sectors
    Consumer
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Dogmates Ltd.
  • Date of Incorporation 26 Nov, 2014
  • Jurisdiction LONDON, UNITED KINGDOM
Operational Areas
Consumer → Baby, Parenting & Pet Care Unlock Sub-Sector Unlock Segment
Consumer → Food & Beverage Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $48.04 M (USD)
    51
    as on Dec 31, 2021
  • Net Profit
    -$21.1 M (USD)
    -133
    as on Dec 31, 2021
  • EBITDA
    -$21.51 M (USD)
    -134
    as on Dec 31, 2021
  • Total Equity Funding
    $477.37 M (USD)

    in 11 rounds

  • Latest Funding Round
    $84.21 M (USD), Debt – Conventional

    May 20, 2025

  • Investors
    HSBC

    & 9 more

  • Employee Count
    Not available
  • 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.

Product name locked
Category locked
Primary

Gently cooked meals from human-quality ingredients for dog health.

Product name locked
Category locked
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Additional items like treats for enhanced dog care and wellness.

Product name locked
Category locked
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Convenient bags for waste management included in deliveries.

People of Butternut Box

Headcount 50-200
Employee Profiles 67
Employee Profiles
People
Nigel French
Site Services Manager
People
Ana Ferreira Nesbitt
Operations Manager
People
Jonny Shillito
Site Director
People
Jim Nolan
Strategy Manager

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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.

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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Private equity fund focused on global markets
Locked Locked Locked
L Catterton is recognized as a leading consumer-focused private equity group.
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Tech focused Early stage VC Firm investing in Europe and the UK
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Investor details for Butternut Box

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Investments & Acquisitions by Butternut Box

Butternut Box has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include PsiBufet.

Investments
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Investment portfolio details for Butternut Box

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Acquisitions
Company Name Description Domain Location Founded Year Amount
Natural pet food products are developed and marketed by PsiBufet.
Locked Locked 2016 Locked
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Complete acquisition details for Butternut Box

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Financial Statements - Butternut Box

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Detailed financials for Butternut Box

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Butternut Box Comparisons

Butternut Box Primary company
Description
Platform offering cooked-meal delivery service for dogs
Location
London, United Kingdom
Founded Year
2016
Annual Revenue
$48.04 M (USD)
Net Profit
-$21.1 M (USD)
EBITDA
-$21.51 M (USD)
Employees
Not available
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Peer comparison for Butternut Box

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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.

Company Name Domain Founded year HQ Location Description
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Subscription-based pet food is delivered via an online platform.
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Pet food is delivered online via dehydrated and frozen packs.
Locked Locked Locked
Operates a direct-to-consumer brand offering healthy and nutritious dry pet food.
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Offers raw, dry dog food, supplements, and treats through online sales.
Locked Locked Locked
Operates a direct-to-consumer brand offering high-quality dog food through subscriptions.
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Detailed competitors of Butternut Box

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Latest news on Butternut Box

Butternut Box’s £280 Million Funding Round
Globallegalchronicle2 years ago
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Complete news archive for Butternut Box

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Frequently Asked Questions about Butternut Box

Butternut Box was founded in 2016.

Butternut Box is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.

Butternut Box is a funded company, having raised a total of $477.37M across 11 funding rounds to date.

Annual revenue of Butternut Box is $48.04M as on Dec 31, 2021.

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.

Butternut Box's top competitors include Bella and Duke, Pure Pet Food and Parcelpet.

Butternut Box offers Fresh Dog Food, Dog Treats and Supplements, and Poo Bags.

Butternut Box has made 1 acquisition, including PsiBufet.

Butternut Box has 10 investors. Key investors include HSBC, Liquidity, General Atlantic, Kreos Capital, and Literacy Capital.

The valuation of Butternut Box is $500M as of Sep 2023.

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