home Chef simply announced that it’s raised a new $ 40 million spherical of funding.
This sequence B comes on prime of the $ 10 million spherical that residence Chef raised previous this year. It was led through L Catterton companions, the personal equity agency formed with the aid of the latest merger of Catterton with the PE arm of luxurious conglomerate LVMH.
Founder and CEO Pat Vihtelic has argued that dwelling Chef differs from different services and products handing over meal kits because of its flexibility, allowing consumers to choose from a weekly menu of 10 completely different dinners, and since it’s less desirous about “unique” menu gadgets and more in dwelling-cooking staples.
the standard pricing for home Chef meal kits is $ 9.95 per serving, and the corporate promises its foods nationwide.
the home Chef approach seems to be working, for the reason that firm says it’s now delivering 1.5 million ingredients each month, with a group of greater than 600 employees. It additionally opened a brand new distribution facility in Atlanta to counterpoint existing services in l. a. and Chicago.