Checkout
Grocery Delivery Startup Hungryroot Boosts Value to $750 Million
- Company raises $40 million in its latest round of funding
- Online grocery shopping has gained popularity during pandemic
Source: Getty Images
This article is for subscribers only.
Hungryroot, a startup offering personalized grocery delivery, completed a funding round that brings its valuation to about $750 million, according to a person familiar with the matter, as interest in online food shopping remains elevated during the pandemic.
The company raised $40 million in Series C financing, Hungryroot said Friday, bringing its total fundraising to $75 million. The latest round was led by L Catterton, a private-equity firm that has invested in companies including Function of Beauty and Savage X Fenty.