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New Deal


Announced

Completed

Insight Partners led a $15m Series A round in Fridge No More.

Financials

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Transaction Value£11m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Domestic

E-commerce

Private Equity

Friendly

grocery delivery service

Completed

Venture Capital

Private

Acquisition

Minority

Single Bidder

United States

Synopsis

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Insight Partners, a New York based leading venture capital and private equity firm, led a $15m Series A round in Fridge No More, an instant grocery delivery service in the US. "We have been extremely successful with our current network of cloud stores and, now with support from Insight and other investors, we are well positioned to become the leader in the instant grocery delivery market in the US," Pavel Danilov and Anton Gladkoborodov, Fridge No More Founders.

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