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Announced

Completed

Almanac Insights and Monogram Capital Partners led $42m Series B funding round in Foxtrot Market

Financials

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Transaction Value£29m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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United States

wine

Acquisition

Private Equity

Friendly

Cross Border

Venture Capital

food

Minority

Completed

Food Products

Private

Synopsis

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Almanac Insights, an investment in a limited number of food system technology companies firm, and Monogram Capital Partners, a firm which focuses exclusively on investing in high-growth consumer and omnichannel brands with approximately $400m of capital under management, led a $42m Series B funding round in Foxtrot Market, a one-stop-shop, offering a curated collection of daily essentials in-store and delivered in under an hour. "With this new round of funding and an incredibly strong executive team now fully in place, we see 2021 as a year of tremendous growth for Foxtrot," Mike LaVitola, Foxrot CEO and Co-founder.

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