About Honeygrow
Honeygrow is a company based in United States founded in 2012.. Honeygrow has raised $66.25 million across 4 funding rounds from investors including Miller Investment Management and Brook Lenfest. The company has 169 employees as of December 31, 2021. Honeygrow offers products and services including Stir-fry, Salad, Honeybar, and Catering Service. Honeygrow operates in a competitive market with competitors including Sweetgreen, Texas Roadhouse, Jason's Deli, Specialty's and Everytable, among others.
- Headquarter Local, United States
- Employees 169 as on 31 Dec, 2021
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Sectors
Consumer
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Honeygrow, Llc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$66.25 M (USD)
in 4 rounds
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Latest Funding Round
$18 M (USD), Series E
Dec 07, 2017
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Investors
Miller Investment Management
& 1 more
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Employee Count
169
as on Dec 31, 2021
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Products & Services of Honeygrow
Honeygrow offers a comprehensive portfolio of products and services, including Stir-fry, Salad, Honeybar, and Catering Service. 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.
Customizable stir-fry meals with fresh ingredients
Fresh salad options for healthy eating
Specialty honeybar desserts and sides
Catering for events with customizable food options
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Funding Insights of Honeygrow
Honeygrow has successfully raised a total of $66.25M across 4 strategic funding rounds. The most recent funding activity was a Series E round of $18 million completed in December 2017. 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 4
- Last Round Series E — $18.0M
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First Round
First Round
(15 May 2014)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2017 | Amount | Series E - Honeygrow | Valuation | Miller Investment Management |
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| Nov, 2016 | Amount | Series D - Honeygrow | Valuation |
investors |
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| Jun, 2015 | Amount | Series C - Honeygrow | Valuation | Miller Investment Management |
| 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 Honeygrow
Honeygrow has secured backing from 2 investors, including venture fund and angel investors. Prominent investors backing the company include Miller Investment Management and Brook Lenfest. 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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Client assets are built and preserved through investment management.
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Founded Year | Domain | Location | |
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BL
Brook Lenfest |
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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 Honeygrow
| 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 |
Financial Statements - Honeygrow
| 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 |
Honeygrow Comparisons
Competitors of Honeygrow
Honeygrow 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.
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| domain | founded_year | HQ Location |
Healthy food is served by Texas Roadhouse restaurant chain.
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| domain | founded_year | HQ Location |
Healthy foods are served by a chain of limited-service restaurants.
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| domain | founded_year | HQ Location |
Bakery cafes offering healthy food are operated across several states.
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| domain | founded_year | HQ Location |
Healthy food restaurant chain
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| domain | founded_year | HQ Location |
Limited-service restaurant chain is operated from Austin, United States.
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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 Honeygrow
Frequently Asked Questions about Honeygrow
When was Honeygrow founded?
Honeygrow was founded in 2012 and raised its 1st funding round 2 years after it was founded.
Where is Honeygrow located?
Honeygrow is headquartered in United States.
Is Honeygrow a funded company?
Honeygrow is a funded company, having raised a total of $66.25M across 4 funding rounds to date. The company's 1st funding round was a Series C of $25M, raised on May 15, 2014.
How many employees does Honeygrow have?
As of Dec 31, 2021, the latest employee count at Honeygrow is 169.
What does Honeygrow do?
Honeygrow was founded in 2012 as a restaurant chain in the food service sector. Ownership and operation of locations are maintained, with menus featuring stir-fry vegetables, salad bowls, and smoothies. Eight sites were operated in New Jersey, Philadelphia, and Pennsylvania as of January 2019. The domain honeygrow.com is utilized for online presence.
Who are the top competitors of Honeygrow?
Honeygrow's top competitors include Sweetgreen, Texas Roadhouse and Jason's Deli.
What products or services does Honeygrow offer?
Honeygrow offers Stir-fry, Salad, Honeybar, and Catering Service.
Who are Honeygrow's investors?
Honeygrow has 2 investors. Key investors include Miller Investment Management, and Brook Lenfest.