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Meal-Kit Subscription Service Gousto Picks Up £110M Funding At £1.25Bn Valuation

Jan 07, 2022•over 3 years ago

Amount Raised

£110 Million

London

Description

Gousto, a London-based meal-kit subscription service, has secured $150m (£110m) funding at a valuation of $1.7bn (£1.25bn).

Company Information

Company

Gousto

Location

London, Ontario, Canada

About

To date, the company has raised $361.5m (£267m) in funding in over 14 rounds, according to Crunchbase. The recipe-box startup will use the capital to fund another automated and AI-driven fulfilment centre near Birmingham, offering 40% more capacity. Timo Boldt and James Carter founded Gousto in 2011 when they didn’t have much time to go to various grocery shops. Gousto said its revenue more than doubled to £189m during the previous 12 months.

Funding Insights

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