Home Chef Secures $40 Million in Series B Funding
Congratulations to our client, Home Chef—a Chicago-based meal kit delivery service—on securing $40 million in Series B capital (TechCrunch)! This funding, provided by L Catterton, will allow Home Chef to sustain its rapid growth in the $1.5 billion US meal kit industry.
Home Chef has grown its shipment volume by over 150x since the beginning of last year, and is now delivering more than 1.5 million meals per month to over 97 percent of the country. The company's diverse menu of familiar, easy-to-prepare recipes has catapulted Home Chef's success.
Home Chef enables customers of all cooking abilities to prepare meals for only $9.95 per serving, unless otherwise specified. Customers can fully customize their weekly delivery, selecting any combination of dinner options plus add-on items such as breakfasts, smoothies and fruit baskets.