Cava Stock

cava.comConsumer & Lifestyle / Restaurants & CoffeeFounded: 2010Funding to Date: $828.48MM

Cava is the operator of a Mediterranean restaurant chain. The company provides modern, authentic, and vibrant Mediterranean food through their fast-casual restaurants and digital platform. Cava modeled its build-your-own Mediterranean meals after the formula made popular by Chipotle Mexican Grill. It also sells its dips and spreads at grocery stores. Ike Grigoropoulos, Chef Dmitri Moshovitis, Ted Xenohristos, and Brett Schulman founded Cava with the mission to serve delicious food that helps more people eat well and live well.

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Cava investors also invested in these private companies

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


Management Team

Dan Jones
Chief Operating Officer
Jonathan Clark
Chief Financial Officer
Mara Xenohristos
Director, Events and Reservations
Dimitri Moshovitis
Brett Schulman
Co-Founder, Chief Executive Officer, President & Board Member
Dave McKlveen
Director, People & Culture
Theodore Xenohristos
Co-Founder & Board Member
Lambros Grigoropoulos
Co-Founder & Board Member

Board Members

Karen Kochevar
Marshall Cannon
Theodore Xenohristos
David Strasser
SWaN & Legend Venture Partners
Patrick Conroy
Todd Klein
SWaN & Legend Venture Partners
Brett Schulman
Lambros Grigoropoulos
Ronald Shaich
Zoe's Kitchen

News Highlights

Former Panera CEO Ron Shaich's firm Cava surges after IPO
Panera Bread’s founder is once again making waves in the restaurant space.
The Cava IPO had a secret ingredient
On Thursday, shares of fast-casual restaurant chain Cava exploded 99% on their first day of trading on the New York Stock Exchange. The stock gave up some of its gains Friday, but it's clear investors can envision Cava as the next great restaurant investment in the mold of burrito king Chipotle.
Mediterranean restaurant chain Cava stock soars as much as 117% in market debut
The company’s stock closed at $43.78 per share, up from its opening trade of $42 per share. Its closing price gives it a market value of $4.88 billion and makes it the top-performing IPO this year for companies valued above $500 million.
Updated on: May 21, 2024


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.