About Sweetgreen
Sweetgreen is a company based in Los Angeles (United States) founded in 2006 by Nathaniel E Ru, Nicolas Jammet, and Jonathan Neman. Sweetgreen has raised $479.07 million across 11 funding rounds from investors including Fidelity Investments, T. Rowe Price and Lone Pine Capital. The company has 6,410 employees as of December 31, 2024. Sweetgreen has completed 2 acquisitions, including Galley and Spyce. Sweetgreen offers products and services including Kale Caesar, Harvest Bowl, Guacamole Greens, and Shroomami. Sweetgreen operates in a competitive market with competitors including Texas Roadhouse, Jason's Deli, SaladStop!, Specialty's and Everytable, among others.
- Headquarter Los Angeles, United States
- Employees 6410 as on 31 Dec, 2024
- Founders Nathaniel E Ru, Nicolas Jammet, Jonathan Neman
- Stage Public
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Sectors
Consumer
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Email
Locked
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Phone
Locked
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Website
Locked
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Social
Locked
- Legal Name Sweetgreen, Inc.
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Annual Revenue
$676.83 M (USD)15.89as on Dec 31, 2024
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Net Profit
-$90.37 M (USD)20.29as on Dec 31, 2024
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EBITDA
-$16.99 M (USD)62.1as on Dec 31, 2024
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Total Equity Funding
$479.07 M (USD)
in 11 rounds
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Latest Funding Round
$150 M (USD), Series I
Sep 23, 2019
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Investors
Fidelity Investments
& 6 more
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Employee Count
6410
as on Dec 31, 2024
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Investments & Acquisitions
Galley
& 1 more
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IPO & Listings of Sweetgreen
Sweetgreen is a publicly listed company on the NYSE with ticker symbol SG 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 Sweetgreen
Sweetgreen offers a comprehensive portfolio of products and services, including Kale Caesar, Harvest Bowl, Guacamole Greens, and Shroomami.
Salad featuring roasted chicken, vegetables, and parmesan in a healthy mix.
Bowl with roasted sweet potatoes, apples, and grains for nutritious meals.
Salad with avocado, vegetables, and vinaigrette for fresh eating options.
Bowl including tofu, portobello, and greens for plant-based dining.
People of Sweetgreen
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Funding Insights of Sweetgreen
Sweetgreen has successfully raised a total of $479.07M across 11 strategic funding rounds. The most recent funding activity was a Series I round of $150 million completed in September 2019. 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 Sweetgreen
Sweetgreen has secured backing from 7 investors, including venture fund and institutional investors. Prominent investors backing the company include Fidelity Investments, T. Rowe Price and Lone Pine Capital.
| Investor | Description | Founded Year | Domain | Location |
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Long/short and long-only strategies are employed by the hedge fund.
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Locked | Locked | Locked | |
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Venture capital firm supporting AI founders through investments and community.
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Locked | Locked | Locked | |
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Private equity and hedge fund focused on consumer, business services, financial, healthcare, and multiple sectors
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Locked | Locked | Locked |
Investor details for Sweetgreen
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Verified entity values are shown only after access is granted.
Investments & Acquisitions by Sweetgreen
Sweetgreen has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Galley and Spyce.
Investment portfolio details for Sweetgreen
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- Portfolio identities
- Transaction dates
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Robotic kitchen employed in Boston for cooking grain bowls.
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Chef-prepared meals under $14 are delivered on demand.
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Locked | Locked | 2014 | Locked |
Complete acquisition details for Sweetgreen
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Financial Statements - Sweetgreen
Detailed financials for Sweetgreen
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Sweetgreen Comparisons
Peer comparison for Sweetgreen
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Competitors of Sweetgreen
Sweetgreen 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 Texas Roadhouse, Jason's Deli, SaladStop!, Specialty's and Everytable, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Healthy food is served by Texas Roadhouse restaurant chain.
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Healthy foods are served by a chain of limited-service restaurants.
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SaladStop! is recognized as a personalized nutrition company in Asia.
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Bakery cafes offering healthy food are operated across several states.
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Healthy food restaurant chain
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Detailed competitors of Sweetgreen
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Latest news on Sweetgreen
Complete news archive for Sweetgreen
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Frequently Asked Questions about Sweetgreen
Sweetgreen was founded in 2006 and raised its 1st funding round 3 years after it was founded.
Sweetgreen is headquartered in Los Angeles, United States. It is registered at Los Angeles, California, United States.
Jonathan Neman is the current CEO of Sweetgreen. They have also founded this company.
Sweetgreen is a funded company, having raised a total of $479.07M across 11 funding rounds to date.
As of Dec 31, 2024, the latest employee count at Sweetgreen is 6,410.
Annual revenue of Sweetgreen is $676.83M as on Dec 31, 2024.
Sweetgreen was founded in 2006 in Los Angeles, United States, within the fast-casual dining sector. Restaurant chains are operated across various locations, where salads and meal bowls form the core menu. Chicken items, kids meals, local food dishes, desserts, and drinks are also available. Customized food platters for events are provided, alongside supply network services to support operations.
Sweetgreen's top competitors include Texas Roadhouse, Salad Days and Jason's Deli.
Sweetgreen offers Kale Caesar, Harvest Bowl, Guacamole Greens, and Shroomami.
Yes, Sweetgreen is publicly traded on NYSE under the ticker symbol SG.
Sweetgreen has 7 investors. Key investors include Fidelity Investments, T. Rowe Price, Lone Pine Capital, True Ventures, and D1 Capital Partners.
The ticker symbol of Sweetgreen is SG on NYSE.