# Gobble

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

- Industry: Internet
- Headquarters: Palo Alto, US
- Website: www.gobble.com
- Total disclosed funding: $30M
- Latest round: Series B (Oct 5, 2017)
- Investors on record: 7

## About

Gobble, Inc. is a meal kit delivery service that caters to busy individuals seeking quick, home-cooked meals with minimal preparation time. The company focuses on convenience without compromising on quality.Founded in 2010 in Palo Alto, US by Mark Durston, Ooshma Garg, and Thomas Ricci, Gobble, Inc. provides chef-prepared meal kits. The company successfully raised USD 15.00 mn in its Series B funding round led by Khosla Ventures on December 7, 2022, bringing its total amount raised to USD 15.00 mn with a current valuation of USD 46.65 mn.Gobble primarily offers meal kits designed for busy individuals who desire the convenience of home-cooked meals without extensive preparation time. Their core product is a subscription-based service that delivers 15-minute meal kits directly to consumers' doorsteps. The meal kits are fully prepared by chefs, who handle tasks such as marinating, measuring, and simmering, allowing customers to complete the cooking process quickly. Gobble caters to a diverse clientele, including families and working professionals, with options such as classic, lean and clean, and vegetarian meals, among others.Gobble's revenue model is structured around a subscription service, where customers pay for weekly meal kits delivered to their homes. Clients typically subscribe to plans that offer a set number of meals per week, with pricing varying based on the number of portions and frequency of deliveries. A standard offer allows customers to receive six meals for a promotional price. The company generates revenue through direct-to-consumer transactions, allowing customers to select their meal preferences from a rotating weekly menu, including flagship offerings like the Chipotle-Spiced Chicken and Caribbean Shrimp Rondon. This subscription-based approach enables Gobble to maintain a consistent revenue stream while providing flexibility for customers who can skip or cancel their plans at any time.In December 2022, Gobble, Inc. was acquired by Intelligent Foods, enabling the company to expand its reach to more families. Future growth initiatives include the potential development of new meal kit options and entering new geographic markets to broaden customer access.

## Funding rounds

- Series B, Oct 5, 2017, $15M — Trinity Ventures, Khosla Ventures, Andreessen Horowitz, Initialized Capital
- Series A, Oct 29, 2015, $11M — Trinity Ventures, Andreessen Horowitz, Initialized Capital, Pegasus Tech Ventures
- Series A, Jul 1, 2015, $2.9M — Morado Ventures
- Seed, Dec 31, 2014, $1M — Y Combinator

## Investors

- Y Combinator (https://capitalatlas.ai/funds/y-combinator) — Seed
- Morado Ventures (https://capitalatlas.ai/funds/morado-ventures) — Series A
- Trinity Ventures (https://capitalatlas.ai/funds/trinity-ventures) — Series A, Series B
- Andreessen Horowitz (https://capitalatlas.ai/funds/andreessen-horowitz) — Series A, Series B
- Initialized Capital (https://capitalatlas.ai/funds/initialized-capital) — Series A, Series B
- Pegasus Tech Ventures (https://capitalatlas.ai/funds/pegasus-tech-ventures) — Series A
- Khosla Ventures (https://capitalatlas.ai/funds/khosla-ventures) — Series B