# Chewy

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/chewy

- Industry: Internet
- Headquarters: Dania Beach, US
- Website: www.chewy.com
- Total disclosed funding: $15M
- Latest round: Series D (Jul 1, 2015)
- Investors on record: 5

## About

Chewy, Inc. is a prominent online retailer that offers a wide selection of pet food and supplies, enhancing the overall pet ownership experience through its convenient shopping platform and exceptional customer service.Founded in 2011 and headquartered in Dania Beach, US, Chewy, Inc. specializes in online retailing of pet products. The company was co-founded by Elizabeth Reyes, Gabriel Cubides, Keelan Singleton, Ryan Cohen, and Sreeja Reddy. The CEO is Mariana Kestenberg. Chewy has secured funding through multiple rounds, including a significant IPO in June 2019 and a Private Placement raising USD 500 mn in April 2021, totaling USD 500 mn in funding. Chewy engaged in 12 deals, with its most recent deal occurring on April 13, 2021.Chewy, Inc. primarily operates as an online retailer specializing in pet food and supplies, offering products such as dry and wet food, veterinary diets, pet treats, toys, grooming supplies, and health-related items like flea and tick treatments and prescription medications. The company emphasizes a seamless online shopping experience, complemented by 24/7 customer support and veterinary consultations, primarily serving consumers in the United States and Canada.In the fiscal year 2024, Chewy reported a revenue of USD 11,147.72 mn, with an EBITDA amounting to USD 86.07 mn. The company's revenue model is largely driven by direct-to-consumer sales and subscription services, particularly through its Autoship feature, aimed at providing convenience for pet owners.Chewy, Inc. plans to expand its product offerings with new innovations designed to enhance pet health and wellbeing, although specific launch dates have not been disclosed. Additionally, the company aims to broaden its footprint in international markets, targeting expansion into additional regions by the end of 2025. The recent funding of USD 500 mn will be utilized to support these initiatives and enhance its operational capabilities, ensuring increased accessibility for pet owners across its service areas.

## Funding rounds

- Series D, Jul 1, 2015 — Verlinvest
- Series C, Aug 7, 2014 — T Rowe Price, Greenspring Associates, Allen & Company
- Series B, Apr 1, 2014 — Greenspring Associates, Verlinvest
- Series A, Oct 24, 2013, $15M — Volition Capital

## Investors

- Volition Capital (https://capitalatlas.ai/funds/volition-capital) — Series A
- Greenspring Associates (https://capitalatlas.ai/funds/greenspring-associates) — Series B, Series C
- Verlinvest — Series B, Series D
- T Rowe Price (https://capitalatlas.ai/funds/t-rowe-price) — Series C
- Allen & Company — Series C