HelloFresh Raises €75M in Funding

hellofreshHelloFresh, a Berlin, Germany-based food delivery service, raised €75m in funding. 

The round valued the company at €2.6 billion post money.

HelloFresh intends to use the funds for further expansion and consolidation of leadership position.

Founded in November 2011, HelloFresh is a global fresh meal delivery service present in 7 in the UK, Germany, Austria, the Netherlands, Belgium, Australia and the USA. The company currently delivers over 4 million meals per month to 280,000 subscribers globally (as of April 2015). With net revenues of €70m in 2014, the company has further corporate offices in New York, London, Amsterdam and Sydney.

Current investors include Insight Venture Partners, Phenomen Ventures, Rocket Internet (Rocket, ISIN DE000A12UKK6, RKET) and Vorwerk Direct Selling Ventures

FinSMEs

18/09/2015

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