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New Deal


Announced

Completed

L Catterton led a $40m Series C round in Hungryroot.

Financials

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Transaction Value£28m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Friendly

Private

United States

machine learning

Acquisition

Private Equity

Domestic

Software

Single Bidder

Venture Capital

Minority

Completed

Synopsis

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L Catterton, the largest global consumer-focused private equity firm, led a $40m Series C round in Hungryroot, the first and only AI-powered personalized grocery service. "Hungryroot is pioneering an entirely new way to grocery shop. We leverage proprietary technology to predict and deliver the groceries and recipes that best suit each individual customer's needs and goals," Ben McKean, Hungryroot Founder and CEO.

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