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

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What is Cava's IPO price?

Cava's IPO price is $45.47 as of 1/18/24.
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What is Cava's funding to date?

Cava has raised $828.48MM to date.
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When was Cava founded?

Cava was founded in 2010.

Who are Cava's major investors?

Mousse Partners
Declaration Partners
Riverbend Capital
Equilibra Partners Management
Lighthouse Investment Partners
Act 3 Holdings

Cava Funding Rounds and Last Known Valuation

Date Funding Round Funding Raised Price per Share Last Known Valuation
4/27/2021 Series F $212MM raised $XXX.XX $XXX.XX
11/21/2018 Series E $465.11MM raised $XXX.XX $XXX.XX
4/27/2018 Series D $33.71MM raised $XXX.XX $XXX.XX
3/27/2017 Series C $35.25MM raised $XXX.XX $XXX.XX
9/17/2015 Series B $44.25MM raised $XXX.XX $XXX.XX
4/1/2015 Series A $38.16MM raised $XXX.XX $XXX.XX
Based on primary financings
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Updated on: May 22, 2024


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