Following the heals of Delivery Hero’s recent $110M funding announcement, two additional online food delivery companies have announced the close of respective funding deals. Blue Apron, a New York-based meal delivery service, recently sealed a $135M Series D funding deal led by Fidelity Management and Research Company.
In less than a year, international meal kit player HelloFresh has reduced its land-fill bound waste by 65% with the help of Boston-based startup Spoiler Alert, a B2B tech platform that helps food businesses, farms and nonprofits better manage unsold food inventory,
Blue Apron and Chipotle are getting new CEOs after a tumultuous year for both companies, plus more in our weekly news brief.
Blue Apron is the first meal kit company to IPO, with global competitors HelloFresh and SunBasket watching the outcome closely ahead of launching their own expected IPOs.