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Meal-Kit Maker Blue Apron Said to Hold Preliminary Talks on IPO

  • Private funding valued home cooking startup at $2 billion
  • Existing investors include Bessemer Venture Partners, Fidelity
Blue-Apron-Meal-Kit
Photographer: Oriana Koren/The New York Times/Redux

Meal-kit delivery company Blue Apron Inc. has held preliminary talks with banks about options for raising capital, including a possible initial public offering, people with knowledge of the matter said.

The company has discussed with potential advisers the possibility of proceeding with an IPO in the next 12 months, said the people, who asked not to be identified because the information is private. The company hasn’t made any decision to go public and may opt for a different way to raise capital, the people said.