About Cava
Cava is a company founded in 2010 by Ted Xenohristos and Brett Schulman.. Cava has raised $680.15 million across 8 funding rounds from investors including T. Rowe Price, Lighthouse Investment Partners and Invus. The company has 10,690 employees as of December 31, 2024. Cava has completed 1 acquisition, including Zoes Kitchen. Cava offers products and services including CAVA App, Hot Harissa Pita Chips, Harissa Avocado, and Steak + Harissa. Cava operates in a competitive market with competitors including Sweetgreen, Texas Roadhouse, Jason's Deli, Specialty's and Everytable, among others.
- Employees 10690 as on 31 Dec, 2024
- Founders Ted Xenohristos, Brett Schulman
- Stage Public
-
Sectors
Consumer
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Cava Group, Inc.
-
Annual Revenue
$963.71 M32.25as on Dec 31, 2024
-
Net Profit
$130.32 M881.32as on Dec 31, 2024
-
EBITDA
$121.31 M53.83as on Dec 31, 2024
-
Total Equity Funding
$680.15 M (USD)
in 8 rounds
-
Latest Funding Round
$190 M (USD), Series F
Apr 28, 2021
-
Investors
T. Rowe Price
& 8 more
-
Employee Count
10690
as on Dec 31, 2024
- Investments & Acquisitions
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
IPO & Listings of Cava
Cava is a publicly listed company on the NYSE with ticker symbol CAVA in USA, operating in the Consumer services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Cava
Cava offers a comprehensive portfolio of products and services, including CAVA App, Hot Harissa Pita Chips, Harissa Avocado, and Steak + Harissa. 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.
Mobile app for ordering Mediterranean food and earning rewards
Spicy snack with Mediterranean spices for limited-time purchase
Bowl featuring harissa honey chicken and popular toppings
Spiced steak bowl with Mediterranean flavors
Unlock access to complete
Leadership Team
20 people
Software Development Team
19 people
Finance and Accounting
13 people
Operations Team
13 people
Creative and Marketing Team
7 people
General Team
6 people
Senior Team
5 people
Sales and Marketing
5 people
Unlock access to complete
Funding Insights of Cava
Cava has successfully raised a total of $680.15M across 8 strategic funding rounds. The most recent funding activity was a Series F round of $190 million completed in April 2021. 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 8
- Last Round Series F — $190.0M
-
First Round
First Round
(29 Nov 2010)
- Investors Count 9
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2021 | Amount | Series F - Cava | Valuation | T. Rowe Price | |
| Dec, 2019 | Amount | Series D - Cava | Valuation |
investors |
|
| Dec, 2018 | Amount | Series D - Cava | Valuation |
investors |
|
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Cava
Cava has secured backing from 9 investors, including venture fund and institutional investors. Prominent investors backing the company include T. Rowe Price, Lighthouse Investment Partners and Invus. 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 |
|---|---|---|---|---|
|
Long-term private equity investments in transformational opportunities are pursued.
|
Founded Year | Domain | Location | |
|
Investments are made in US technology startups by the firm.
|
Founded Year | Domain | Location | |
|
Revolution is recognized as a D.C.-based investment firm.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Cava
Cava has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Zoes Kitchen. 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 |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
A chain of fast-casual restaurants offering Mediterranean-inspired meals is operated.
|
1995 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
OVO is recognized as a smart digital payment application.
|
2017 | ||||
|
Bionic investment advisor platform
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - Cava
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Cava Comparisons
Competitors of Cava
Cava 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 Sweetgreen, Texas Roadhouse, Jason's Deli, Specialty's and Everytable, 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 |
Salads and meal bowls are offered by restaurant chains.
|
|
| domain | founded_year | HQ Location |
Healthy food is served by Texas Roadhouse restaurant chain.
|
|
| domain | founded_year | HQ Location |
Healthy foods are served by a chain of limited-service restaurants.
|
|
| domain | founded_year | HQ Location |
Bakery cafes offering healthy food are operated across several states.
|
|
| domain | founded_year | HQ Location |
Healthy food restaurant chain
|
|
| domain | founded_year | HQ Location |
Limited-service restaurant chain is operated from Austin, United States.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Cava
Frequently Asked Questions about Cava
When was Cava founded?
Cava was founded in 2010.
Who is the current CEO of Cava?
Brett Schulman is the current CEO of Cava. They have also founded this company.
Is Cava a funded company?
Cava is a funded company, having raised a total of $680.15M across 8 funding rounds to date. The company's 1st funding round was a Series D of $283.67M, raised on Nov 29, 2010.
How many employees does Cava have?
As of Dec 31, 2024, the latest employee count at Cava is 10,690.
What is the annual revenue of Cava?
Annual revenue of Cava is $963.71M as on Dec 31, 2024.
What does Cava do?
CAVA was founded in 2010 as a chain of healthy food restaurants in the fast-casual sector. Mediterranean-inspired meals, including customizable salads, grain bowls, and pitas, are offered alongside house-made juices. Chef-crafted dips and spreads are distributed through Whole Foods Market and other U.S. specialty retailers. Operations span the United States, emphasizing accessible, fresh cuisine options.
Who are the top competitors of Cava?
Cava's top competitors include Sweetgreen, Texas Roadhouse and Jason's Deli.
What products or services does Cava offer?
Cava offers CAVA App, Hot Harissa Pita Chips, Harissa Avocado, and Steak + Harissa.
Is Cava publicly traded?
Yes, Cava is publicly traded on NYSE under the ticker symbol CAVA.
How many acquisitions has Cava made?
Cava has made 1 acquisition, including Zoes Kitchen.
Who are Cava's investors?
Cava has 9 investors. Key investors include T. Rowe Price, Lighthouse Investment Partners, Invus, Declaration Partners, and SWaN & Legend Venture Partners.
What is Cava's ticker symbol?
The ticker symbol of Cava is CAVA on NYSE.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.