Food Tech Company HUNGRY Raises $21 Million

By Noah Long ● Oct 9, 2021
  • HUNGRY recently announced the close of its $21 million Series C funding. These are the details.

HUNGRY — one of the fastest-growing food tech startups in the U.S. — recently announced the close of its $21 million Series C funding. This round brings together a new team of passionate and diverse supporters, including award-winning actress, writer, and producer Issa Rae; “America’s Got Talent” host Terry Crews; NFL wide receiver DeAndre Hopkins; NBA superstar Lonzo Ball, and heavyweight boxing champion Deontay Wilder.

The new group adds to HUNGRY’s roster of noteworthy investors, like Jay-Z’s Marcy Venture Partners; stand-up comedian, actor, and producer Kevin Hart; internationally-acclaimed music luminary Usher; NFL five-time all-pro Ndamukong Suh; six-time all-pro linebacker Bobby Wagner; celebrity chefs Tom Colicchio and Ming Tsai; and former co-CEO of Whole Foods Market Walter Robb.

The additional VC backing for the round came from an all-star group of investors, including Sands Capital Global Venture Fund, Motley Fool Ventures, Evolution VC Partners, Marcy Venture Partners, Stonewall Robb Investments, Studio Management, Bread and Butter Ventures, Ames Watson LLC, The Syndicate Fund, James Madison Innovations, GP Ventures, the Center for Innovative Technology, Private Access Network, The Torch Fund, The Heritage Fund, Flight VC and Robert G. Hisaoka.

HUNGRY plans to use the new funding round to accelerate its geographic and service-based expansion. And since launching, HUNGRY has donated one meal for every two meals sold to help end hunger in the U.S. And to date, the company has donated more than half a million meals through its own efforts and in partnership with Feeding America’s nationwide network of food banks.

The startup’s food solutions business currently operates in Boston, New York City, Philadelphia, Washington, D.C., Atlanta, Austin and Dallas. And the company plans to expand its onsite services to Los Angeles and the San Francisco Bay Area this September. HUNGRY’s Virtual Xperiences are available nationwide.    

KEY QUOTES:

“Since the outset of the pandemic, interest in HUNGRY has increased exponentially. This round of funding came together in record time with overwhelming interest from new and past supporters, which will enable us to help even more chefs and communities across the country.”

— Jeff Grass, CEO of HUNGRY

“What started as a mission to disrupt the $60 billion office catering industry has become an adaptable and multi-pronged business—revolutionizing the way chefs work. Our pandemic response demonstrated the power, agility and flexibility of our tech platform, chef network, and incredible team.”

— HUNGRY co-founder and COO Eman Pahlavani