Home Chef, a Chicago, IL-based meal kit delivery company, raised $40m in Series B funding.
L Catterton, a consumer-focused private equity firm, made the investment.
The company intends to use the funds to continue to grow in the $1.5 billion US meal kit industry.
Led by Pat Vihtelic, Founder and CEO, Home Chef is a meal kit delivery service with ingredients and recipes. It offers 10 dinners along with a breakfast, smoothie, and fruit basket that can be selected from a new menu every week. Step-by-step instructions allow customers to create home-cooked meals in approximately 30 minutes.
The company, which also has facilities near Los Angeles and Atlanta, has a team of more than 600 employees.