Hungryroot
Financials
Estimates*
USD | 2019 | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|
Revenues | 4.6m | 4.9m | 8.4m | 17.8m | 24.2m |
% growth | - | 7 % | 71 % | 113 % | 36 % |
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
$2.0m | Seed | ||
$3.7m | Series A | ||
$3.7m | Series A | ||
$7.7m | Series A | ||
$22.0m | Series B | ||
$40.0m Valuation: $750m | Series C | ||
N/A | Late VC | ||
Total Funding | $79.1m |
Related Content
Recent News about Hungryroot
EditHungryroot is a dynamic startup operating in the online food delivery and meal kit market. The company offers a unique service that combines the convenience of meal kits with the flexibility of grocery delivery. It eliminates the need for meal planning, grocery shopping, and recipe finding, making it an attractive option for busy individuals and families.
Hungryroot's primary customers are health-conscious consumers who value convenience. The company offers a variety of meal options, including dairy-free, gluten-free, and plant-based meals, catering to a wide range of dietary preferences. Customers can take a quiz on the website to receive personalized meal recommendations based on their eating habits and goals.
The business model of Hungryroot is subscription-based, with prices starting at $65 per delivery. Customers can skip a week or cancel anytime, providing flexibility. The company generates revenue through these subscriptions, with customers paying for the convenience of having groceries and meal kits delivered to their doorstep.
Hungryroot operates in the rapidly growing online food delivery market, which has seen significant expansion due to changing consumer behaviors and the impact of the COVID-19 pandemic. The company differentiates itself through its focus on healthy, easy-to-prepare meals and its combination of meal kit and grocery delivery services.
Keywords: Online Food Delivery, Meal Kit Service, Subscription-Based, Health-Conscious Consumers, Personalized Meal Recommendations, Grocery Delivery, Convenience, Dietary Preferences, Flexible Subscription, Rapidly Growing Market.