HelloFresh, a Berlin, Germany and New York City-based recipe kit delivery service, raised $50m in Series D funding round.
The round was led by New York-based Insight Venture Partners with participation from existing investor Phenomen VC.
The company intends to use funds to continue to expand globally.
Founded in November 2011 by Dominik Richter, CEO, HelloFresh allows subscribers to choose a box containing three to five recipes on their website, and all the ingredients (portioned out into exact quantities) are delivered once per week directly to their houses.
The company, which now ships over one million meals per month, has additional offices in London, Amsterdam and Sydney and employs 120 people.
FinSMEs
19/06/2014