Cava was founded in 2016 by Ike Grigoropoulos, Dmitri Moshovitis, Ted Xenohristos, and Brett Schulman. In February 2023, the company confidentially filed for an IPO. Cava plans to debut on the New York Stock Exchange using the ticker CAV.

Cava is a Mediterranean-style fast food chain. As of April 2023, the company had more than 260 locations across the United States. In 2018, Cava acquired Zoe's Kitchen for $300 million. The company has raised more than $640 million in venture capital funding from investors including T. Rowe Price, Equilibra Partners Management, Lighthouse Investment Partners, and Declaration Partners. Cava was valued at $1.39 billion in April 2021.

These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.

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Learn More About Cava

To invest in Cava pre-IPO

Can you invest in Cava pre-IPO?

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Is Cava a publicly traded company?

Cava became a public company following its IPO on 06/15/2023 and is now traded on the NYSE under the ticker CAVA.

To learn more about Cava potential IPO

Will Cava go IPO?

Cava became a public company following its IPO on 06/15/2023 and is now traded on the NYSE under the ticker CAVA.

What is Cava’s IPO price?

The IPO price of Cava is not currently available.

When was Cava founded?

Cava was founded in 2010.

What is Cava funding to date?

Cava has raised $1.64B to date.

Who are Cava’s major investors?

Declaration Partners
Revolution
Equilibra Partners Management
Lighthouse Investment Partners
Swan & Legend Ventures Partners
Mousse Partners
Riverbend Capital
Undisclosed Investors
Act 3 Holdings
The Invus Group
Revolution Growth
Swan & Legend Venture Partners
Invus
T. Rowe Price Group

Cava Funding Rounds and Valuation

Funding History Chart
Funding Round Details
Funding Date Share Class Amount Raised Price per Share Post-Money Valuation Key Investors
04/27/2021 Series F $212MM $xx.xx $1.39B Declaration Partners, Equilibra Partners Management, Lighthouse Investment Partners, T. Rowe Price Group
Price per Share
$xx.xx
Shares Outstanding
16,901,409
Liquidation Pref Order
5
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Declaration Partners, Equilibra Partners Management, Lighthouse Investment Partners, T. Rowe Price Group
11/21/2018 Series E $465.11MM $xx.xx $733.57MM Undisclosed Investors
Price per Share
$xx.xx
Shares Outstanding
61,576,716
Liquidation Pref Order
4
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Undisclosed Investors
04/27/2018 Series D $33.71MM $xx.xx $243.98MM Revolution, Swan & Legend Venture Partners, The Invus Group
Price per Share
$xx.xx
Shares Outstanding
4,463,088
Liquidation Pref Order
3
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Revolution, Swan & Legend Venture Partners, The Invus Group
03/27/2017 Series C $35.25MM $xx.xx $186.93MM Revolution Growth, Swan & Legend Venture Partners, The Invus Group
Price per Share
$xx.xx
Shares Outstanding
5,205,333
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Revolution Growth, Swan & Legend Venture Partners, The Invus Group
09/17/2015 Series B $44.25MM $xx.xx $126.92MM Invus, Revolution Growth, Swan & Legend Ventures Partners
Price per Share
$xx.xx
Shares Outstanding
7,713,585
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Invus, Revolution Growth, Swan & Legend Ventures Partners
04/01/2015 Series A $38.16MM $xx.xx $58.71MM Swan & Legend Venture Partners
Price per Share
$xx.xx
Shares Outstanding
13,304,238
Liquidation Pref Order
6
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Swan & Legend Venture Partners
Updated on: Dec 17, 2024

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