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Hungryroot was founded in 2015 by Benjamin McKean, Franklin Becker, and Gregory Struck. The company has not publicly endorsed plans to participate in an IPO, but in 2022, however, announced significant expansions to its leadership team that will help "take Hungryroot through our next phase of growth."
Hungryroot is an AI-powered grocery delivery service that offers a large selection of proprietary recipes. The company experienced rapid growth throughout 2021 and 2022, at one point being named the 10th fastest growing food and beverage company, according to Inc.com. Hungryroot has raised $75 million in venture capital funding from investors including L Catterton, Lightspeed Venture Partners, and Crosslink Capital. The company was valued at $750 million following a $40 million fundraising round in 2021.
These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.
Hungryroot is a privately held company and is not publicly traded on NYSE or NASDAQ in the U.S. To buy pre-IPO shares of a private company, you need to be an accredited investor. Learn more about how to invest in the private market or register today to get started.
If you own Hungryroot pre-IPO shares and are considering selling, you can find what your shares could be worth on Forge’s secondary marketplace.
Our Private Market Specialists are available to answer any questions you might have and can help connect you with a buyer from our network of 125,000 accredited investors and institutions. You can also learn more about how to sell your private shares before getting started.
Hungryroot is a private company and not publicly traded.
If you are interested in buying or selling private company shares, you can register with Forge today for free to explore your options. Registering gives you access to one of our Private Market Specialists who can guide you through the process of buying or selling. Learn more about how Forge might help you buy pre-IPO shares or sell pre-IPO shares.
| Date | Funding Round | Funding Raised | Price per Share | Last Known Valuation |
|---|---|---|---|---|
| 6/4/2021 | Series C | $40MM raised | $XXX.XX | $XXX.XX |
| 3/22/2018 | Series B | $22.82MM raised | $XXX.XX | $XXX.XX |
| 1/26/2017 | Series A-2 | $7.7MM raised | $XXX.XX | $XXX.XX |
| 3/1/2016 | Series A | $3.7MM raised | $XXX.XX | $XXX.XX |
| 5/12/2015 | Series A-1 and Seed | $2.53MM raised | $XXX.XX | $XXX.XX |
