Meal delivery startup HelloFresh raises $50 million
HelloFresh is a dinner-kit delivery service that has raised $50 million in funding. HelloFresh ships out packages of fresh ingredients for specific recipes, which are ready for customers to turn into home-cooked meals.
This round of funding was led by Insight Venture Partners with participation from existing investor Phenomen VC. The company declined to disclose the valuation of the company.
HelloFresh is now shipping over one million meals per month. Through this new round of funding, HelloFresh is planning to expand to 37 states from 30 and cover an estimated 75% of the U.S. population.