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.

Register for Details

For more details on financing and valuation for Cava, register or login.

Please provide a valid email address.

By registering, you agree to Forge’s Terms of Use. Already registered? Log in

Learn more about Cava

Forge green plus iconForge green minus icon

What is Cava's IPO price?

Cava's IPO price is $45.47 as of 1/18/24.
Forge green plus iconForge green minus icon

What is Cava's funding to date?

Cava has raised $828.48MM to date.
Forge green plus iconForge green minus icon

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
Powered by Forge Data
Updated on: May 22, 2024

PLEASE READ THESE IMPORTANT LEGAL NOTICES & DISCLOSURES

Public news articles listed on this page have been curated by Forge based on several factors including, but not limited to, product updates, changes in organization structure, funding rounds, third-party valuations, and key personnel changes. Changes to this list of articles can be made at any time without notice and should not be relied upon for investment purposes. Forge does not verify the accuracy of the information contained in public news articles.