Relish Labs
Latest round
- Series B
Last raised
- Sep 2016
Total raised
- $50M
Investors
- 3
About Relish Labs
Founded in 2013, Relish Labs, LLC is known for its meal kit delivery service, Home Chef, headquartered in Chicago, US. The company was acquired by The Kroger Co. in a deal valued at up to USD 700 million, with USD 200 million paid upfront and additional amounts tied to development milestones. The most recent deal closed on May 23, 2018. The firm has completed a total of 7 deals.Home Chef operates as a meal delivery service providing customers with weekly deliveries of fresh, pre-portioned ingredients and chef-designed recipes. Its core offerings include traditional meal kits, Oven-Ready meals, and Fast & Fresh options, aimed at simplifying the cooking process for busy professionals, families, and individuals.Home Chef generates revenue through a subscription-based meal kit delivery model, allowing customers to select from meal plans like the Home Chef Plan and Family Plan. Each subscription involves a minimum weekly order value, with pricing reflecting a direct-to-consumer sales model. Revenue is driven by the sale of individual meal kits priced per serving, with promotional offers to attract new customers. to enhance product offerings and expand into new markets. With the funds from the acquisition deal, the company aims to develop new meal kit options and increase its presence in the meal delivery sector. The strategic development initiatives are expected to roll out in the upcoming quarters, aiming to capture a wider customer base across the United States.
Who invested in Relish Labs
3 investors across 3 rounds
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Questions about Relish Labs
Who invested in Relish Labs?
Relish Labs has 3 investors on record across 3 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Relish Labs raised?
Relish Labs has raised 3 venture rounds. Sign up free to see how much each round raised and the total.
When did Relish Labs last raise money?
Relish Labs's most recent round on record is a Series B, in Sep 2016.
What does Relish Labs do?
Founded in 2013, Relish Labs, LLC is known for its meal kit delivery service, Home Chef, headquartered in Chicago, US.
Where is Relish Labs headquartered?
Relish Labs is headquartered in Chicago, US.
Which VCs invest in companies like Relish Labs?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back consumer services companies at Relish Labs's stage. Their profiles are linked below.
VCs backing consumer services startups at Series B
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