About Hungryroot
Hungryroot is a company based in New York (United States) founded in 2015 by Benjamin McKean. Hungryroot has raised $78.31 million across 5 funding rounds from investors including Lightspeed Venture Partners, Lerer Hippeau and L Catterton. Hungryroot offers products and services including Ready-to-Eat Meals, Personalized Meal Plans, and Groceries. Hungryroot operates in a competitive market with competitors including HelloFresh, Blue Apron, Marley Spoon, Home Chef and Green Chef, among others.
- Headquarter New York, United States
- Founders Benjamin McKean
- Stage Minicorn
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Sectors
HealthcareConsumer Retail
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Email
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Phone
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Website
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Social
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- Legal Name Hungryroot, Inc.
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Annual Revenue
Not available
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Net Profit
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EBITDA
Not available
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Total Equity Funding
$78.31 M (USD)
in 5 rounds
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Latest Funding Round
$40 M (USD), Series C
Jun 04, 2021
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Investors
Lightspeed Venture Partners
& 9 more
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Employee Count
Not available
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Products & Services of Hungryroot
Hungryroot offers a comprehensive portfolio of products and services, including Ready-to-Eat Meals, Personalized Meal Plans, and Groceries.
Pre-prepared healthy meals tailored to dietary needs and preferences.
Custom plans with recipes and recommendations for balanced nutrition.
Curated selection of healthy foods with smart recommendations.
People of Hungryroot
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Software Development Team
17 people
Senior Team
7 people
Leadership Team
7 people
Product Management Team
6 people
Sales and Marketing
6 people
Finance and Accounting
5 people
Human Resources and Administration
4 people
Data Analysis and Operations Team
3 people
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Funding Insights of Hungryroot
Hungryroot has successfully raised a total of $78.31M across 5 strategic funding rounds. The most recent funding activity was a Series C round of $40 million completed in June 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.
Investors in Hungryroot
Hungryroot has secured backing from 10 investors, including venture fund investors. Prominent investors backing the company include Lightspeed Venture Partners, Lerer Hippeau and L Catterton.
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L Catterton is recognized as a leading consumer-focused private equity group.
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USA focused VC firm investing in seed and early stage startups
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Venture capital is invested in various sectors by Crosslink Capital.
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Investor details for Hungryroot
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Investments & Acquisitions by Hungryroot
Investment portfolio details for Hungryroot
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- Transaction dates
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Financial Statements - Hungryroot
Detailed financials for Hungryroot
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
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- Profit trends
- Statement rows
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Hungryroot Comparisons
Peer comparison for Hungryroot
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Competitors of Hungryroot
Hungryroot 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 HelloFresh, Blue Apron, Marley Spoon, Home Chef and Green Chef, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Meal recipe kits are delivered through a weekly subscription service.
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Subscription-based meal kits with pre-measured ingredients are delivered weekly.
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Internet first brand for meal kits
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Platform offering recipe meal kit delivery services
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Organic meal kits are delivered through subscription service.
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Plant-based ready-to-eat meals are delivered online by Sakara Life.
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Detailed competitors of Hungryroot
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Latest news on Hungryroot
Complete news archive for Hungryroot
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Frequently Asked Questions about Hungryroot
Hungryroot was founded in 2015.
Hungryroot is headquartered in New York, United States. It is registered at New York, New York, United States.
Benjamin McKean is the current CEO of Hungryroot. They have also founded this company.
Hungryroot is a funded company, having raised a total of $78.31M across 5 funding rounds to date.
Hungryroot was founded in 2015 in New York, United States, as an online platform in the grocery and meal delivery sector. Proprietary predictive technology is utilized to provide customized groceries, recipes, meal planning, and nutritional support. At-home delivery services are offered to meet customer needs and goals, with operations focused on the U.S. market.
Hungryroot's top competitors include HelloFresh, Blue Apron and Home Chef.
Hungryroot offers Ready-to-Eat Meals, Personalized Meal Plans, and Groceries.
Hungryroot has 10 investors. Key investors include Lightspeed Venture Partners, Lerer Hippeau, L Catterton, Crosslink Capital, and KarpReilly.
The valuation of Hungryroot is $750M as of Jun 2021.