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Zume was founded in 2015 by Alex Garden and Julia Collins. The company has not publicly endorsed a plan to pursue an IPO. These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.
Zume was originally founded as a pizza company, but later transitioned to focusing on kitchen automation technology and sustainable food packaging. Zume has raised nearly $450 million in Venture Capital funding from investors including Grishin Robotics, MicroVentures, FJ Labs, Kleiner Perkins, SGH Capital, SoftBank, AME Cloud Ventures, Maveron, and SignalFire. While once valued at $4 billion, employee layoffs and technological challenges make it doubtful that this figure is still accurate.
| Date | Funding Round | Funding Raised | Price per Share | IPO Valuation |
|---|---|---|---|---|
| 10/17/2018 | Series C | $375MM raised | $XXX.XX | $XXX.XX |
| 10/9/2017 | Series B | $48MM raised | $XXX.XX | $XXX.XX |
| 12/7/2016 | Series A, A-1 and A-2 | $22.69MM raised | $XXX.XX | $XXX.XX |
