Spyce Food Co.
Latest round
- Series A
Last raised
- Aug 2018
Total raised
- $24M
Investors
- 6
About Spyce Food Co.
Founded in 2015 and based in Somerville, US, Spyce Food Co. operates as a culinary innovator, focusing on automated food preparation and delivery systems to provide fresh, healthy meals to consumers in an accessible way. The firm aimed at revolutionizing meal preparation through automation. The founders, Jakob Kort, Kale Rogers, and Michael Farid, have a history of entrepreneurial ventures. In August 2021, Spyce was acquired by Sweetgreen, Inc.00 mn in stock, signaling a shift in strategy to enhance customer and employee experiences through improved meal offerings.Spyce Food Co. offers a unique menu featuring a variety of healthy meals that are prepared using automated cooking technology. Their products include customizable bowls and salads, utilizing high-quality ingredients aimed at promoting a health-conscious lifestyle. Catering services are also available for corporate events, expanding their reach to businesses seeking nutritious meal options.Spyce Food Co. generates revenue mainly from direct sales at its automated food kiosks, complemented by catering services for businesses and events. The revenue model focuses on in-store purchases and online orders, with the signature dishes, like their unique bowls, driving consistent customer engagement., Spyce Food Co. The acquisition will also facilitate entry into new markets, particularly targeting urban areas where demand for healthy food options is growing.00 mn will be utilized to innovate new meals and improve existing offerings, aligning with the strategic vision of connecting more people with real food by enhancing operational capabilities and customer experiences.
Who invested in Spyce Food Co.
6 investors across 2 rounds
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Questions about Spyce Food Co.
Who invested in Spyce Food Co.?
Spyce Food Co. has 6 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Spyce Food Co. raised?
Spyce Food Co. has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did Spyce Food Co. last raise money?
Spyce Food Co.'s most recent round on record is a Series A, in Aug 2018.
What does Spyce Food Co. do?
Founded in 2015 and based in Somerville, US, Spyce Food Co.
Where is Spyce Food Co. headquartered?
Spyce Food Co. is headquartered in Somerville, US.
Which VCs invest in companies like Spyce Food Co.?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back food companies at Spyce Food Co.'s stage. Their profiles are linked below.
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