About Purple Carrot
Purple Carrot is a company based in Boston (United States) founded in 2014 was acquired by Oisix ra daichi in May 2019.. Purple Carrot has raised $8.8 million across 4 funding rounds from investors including Oisix ra daichi, Fresh Del Monte and Windsail Capital Group. The company has 74 employees as of December 31, 2022. Purple Carrot operates in a competitive market with competitors including HelloFresh, Blue Apron, Marley Spoon, Home Chef and Green Chef, among others.
- Headquarter Boston, United States
- Employees 74 as on 31 Dec, 2022
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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
*********
- Legal Name Three Limes Inc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$8.8 M (USD)
in 4 rounds
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Latest Funding Round
$4 M (USD), Series A
May 07, 2018
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Investors
Oisix ra daichi
& 5 more
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Employee Count
74
as on Dec 31, 2022
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Acquired by
Oisix ra daichi
(May 22, 2019)
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Funding Insights of Purple Carrot
Purple Carrot has successfully raised a total of $8.8M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $4 million completed in May 2018. 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 A — $4.0M
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First Round
First Round
(01 Jun 2015)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2018 | Amount | Series A - Purple Carrot | Valuation |
investors |
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| May, 2016 | Amount | Debt – Conventional - Purple Carrot | Valuation |
investors |
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| Aug, 2015 | Amount | Angel Round - Purple Carrot | Valuation |
investors |
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| 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 Purple Carrot
Purple Carrot has secured backing from 6 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Oisix ra daichi, Fresh Del Monte and Windsail Capital Group. 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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Founded Year | Domain | Location | |
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Seed & Early stage tech-focused VC firm funding companies in the US
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Founded Year | Domain | Location | |
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Early-stage US life sciences and tech firms are funded.
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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 Purple Carrot
| 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 - Purple Carrot
| 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 |
Purple Carrot Comparisons
Competitors of Purple Carrot
Purple Carrot 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. 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 |
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| domain | founded_year | HQ Location |
Meal recipe kits are delivered through a weekly subscription service.
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| domain | founded_year | HQ Location |
Subscription-based meal kits with pre-measured ingredients are delivered weekly.
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| domain | founded_year | HQ Location |
Internet first brand for meal kits
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| domain | founded_year | HQ Location |
Platform offering recipe meal kit delivery services
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| domain | founded_year | HQ Location |
Organic meal kits are delivered through subscription service.
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| domain | founded_year | HQ Location |
Pre-measured ingredients are delivered via an online subscription recipe box.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Purple Carrot
Frequently Asked Questions about Purple Carrot
When was Purple Carrot founded?
Purple Carrot was founded in 2014 and raised its 1st funding round 1 year after it was founded.
Where is Purple Carrot located?
Purple Carrot is headquartered in Boston, United States. It is registered at Boston, Massachusetts, United States.
Is Purple Carrot a funded company?
Purple Carrot is a funded company, having raised a total of $8.8M across 4 funding rounds to date. The company's 1st funding round was a Angel Round of $1M, raised on Jun 01, 2015.
How many employees does Purple Carrot have?
As of Dec 31, 2022, the latest employee count at Purple Carrot is 74.
What does Purple Carrot do?
Founded in 2014 in Boston, United States, Purple Carrot operates in the plant-based food delivery sector. Meal kits containing pre-measured organic or locally sourced, non-GMO ingredients are ordered online by suburban families and busy professionals. Step-by-step recipes, curated from chefs and cookbook authors, accompany the kits. Shipments are handled through FedEx to ensure timely delivery.
Who are the top competitors of Purple Carrot?
Purple Carrot's top competitors include HelloFresh, Blue Apron and Home Chef.
Who are Purple Carrot's investors?
Purple Carrot has 6 investors. Key investors include Oisix ra daichi, Fresh Del Monte, Windsail Capital Group, New Crop Capital, and Stray Dog Capital.