Sweetgreen was founded in 2007 by Jonathan Neman, Nicolas Jammet, and Nathaniel Ru. In an interview with The Street from November 2019, CEO Jonathan Neman noted, regarding an IPO, that “it's something that we're considering, but nothing in the near future.” These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.

Sweetgreen owns and operates a chain of fast-casual restaurants using fresh ingredients and produce to provide real food that is convenient and accessible to everyone. The company has raised approximately $515 million in Venture Capital funding from investors including Revolution, Signatures Capital, Corstone Capital, T. Rowe Price, Warren Capital Group, Collaborative Fund, Red Sea Ventures, Sand Hill Ventures, Torch Capital, True Ventures, Breakaway Ventures, D1 Capital Partners, Lone Pine Capital, and Fidelity Investments. Per company press releases, Sweetgreen last raised $150 million in September 2019 at a post-money valuation of $1.6 billion.

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Learn More About Sweetgreen

To invest in Sweetgreen pre-IPO

Can you invest in Sweetgreen pre-IPO?

You may invest in Sweetgreen as it is a public company listed on the NYSE with ticker SG. But if you are an accredited investor interested in buying pre-IPO shares of a private company, you can learn more about how to invest in the private market or register today to get started.

Can you sell shares of Sweetgreen before it goes public?

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What is the pre-IPO value of my Sweetgreen shares?

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Is Sweetgreen a publicly traded company?

Sweetgreen became a public company following its IPO on 11/18/2021 and is now traded on the NYSE under the ticker SG.

To learn more about Sweetgreen potential IPO

Will Sweetgreen go IPO?

Sweetgreen became a public company following its IPO on 11/18/2021 and is now traded on the NYSE under the ticker SG.

What is Sweetgreen’s IPO price?

The IPO price of Sweetgreen is not currently available.

When was Sweetgreen founded?

Sweetgreen was founded in 2007.

What is Sweetgreen funding to date?

Sweetgreen has raised $672.21MM to date.

Sweetgreen Funding Rounds and Valuation

Funding History Chart
Funding Round Details
Funding Date Share Class Amount Raised Price per Share Post-Money Valuation Key Investors
01/21/2021 Series J $156MM $xx.xx $1.86B Undisclosed Investors
Price per Share
$xx.xx
Shares Outstanding
9,122,798
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
Undisclosed Investors
09/23/2019 Series I $150MM $xx.xx $1.58B D1 Capital Partners, Lone Pine Capital
Price per Share
$xx.xx
Shares Outstanding
8,771,925
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
D1 Capital Partners, Lone Pine Capital
11/13/2018 Series H $200MM $xx.xx $1.01B Fidelity, Inside Capital, Revolution, T. Rowe Price
Price per Share
$xx.xx
Shares Outstanding
15,337,423
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
Fidelity, Inside Capital, Revolution, T. Rowe Price
11/04/2016 Series G $69.9MM $xx.xx $587.83MM Almanac Investments, Alrai Capital, Breakaway Innovation Group, Cnf Investments, David Barber, Hanaco Venture Capital, Revolution, T. Rowe Price
Price per Share
$xx.xx
Shares Outstanding
7,766,650
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
Almanac Investments, Alrai Capital, Breakaway Innovation Group, Cnf Investments, David Barber, Hanaco Venture Capital, Revolution, T. Rowe Price
06/29/2015 Series F $36.8MM $xx.xx $404.57MM Corstone Capital, Revolution Growth, T. Rowe Price, Warren Capital Group
Price per Share
$xx.xx
Shares Outstanding
4,798,223
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
Corstone Capital, Revolution Growth, T. Rowe Price, Warren Capital Group
11/19/2014 Series E $19.25MM $xx.xx $189.44MM Collaborative Fund, Daniel Boulud, Danny Meyer, Gary Hirshberg, Red Sea Ventures, Revolution Growth, Scott Belsky
Price per Share
$xx.xx
Shares Outstanding
4,729,065
Liquidation Pref Order
6
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Collaborative Fund, Daniel Boulud, Danny Meyer, Gary Hirshberg, Red Sea Ventures, Revolution Growth, Scott Belsky
12/04/2013 Series D $22.45MM $xx.xx $108.08MM Bobby Yazdani, Donn Davis, Jared Hecht, Revolution Growth, Signatures Capital
Price per Share
$xx.xx
Shares Outstanding
8,345,723
Liquidation Pref Order
7
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
16.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Bobby Yazdani, Donn Davis, Jared Hecht, Revolution Growth, Signatures Capital
03/28/2013 Series C $7.79MM $xx.xx $61.25MM Undisclosed Investors
Price per Share
$xx.xx
Shares Outstanding
3,875,935
Liquidation Pref Order
8
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Undisclosed Investors
02/15/2012 Series B $5.48MM $xx.xx $36.06MM Undisclosed Investors
Price per Share
$xx.xx
Shares Outstanding
3,831,756
Liquidation Pref Order
8
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Undisclosed Investors
10/12/2010 Series A $4.54MM $xx.xx $17.85MM Kal Vepuri, Undisclosed Investors
Price per Share
$xx.xx
Shares Outstanding
5,340,351
Liquidation Pref Order
8
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Kal Vepuri, Undisclosed Investors
Updated on: Dec 21, 2024

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