Food tech firm HUNGRY raises $ 21 million
- HUNGRY recently announced the closing of its $ 21 million Series C financing. These are the details.
HUNGRY – one of the fastest growing food tech startups in the United States – recently announced the closing of its $ 21 million Series C funding. This tour brings together a new team of passionate and diverse supporters, including award-winning actress, screenwriter 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 joins HUNGRY’s list of notable investors, including Jay-Z’s Marcy Venture Partners; comedian, actor and producer Kevin Hart; internationally renowned music figure Usher; Ndamukong Suh, five-time NFL pro; six-time professional linebacker Bobby Wagner; celebrity chefs Tom Colicchio and Ming Tsai; and former Whole Foods Market co-CEO Walter Robb.
Additional venture capital support for the cycle came from a group of renowned 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 round of funding to accelerate its geographic and service-based expansion. And since its launch, HUNGRY has donated one meal for every two meals sold to help end hunger in the United States. To date, the company has donated more than half a million meals through its own efforts and in partnership with Feeding America’s national network of food banks.
The startup’s food solutions business currently operates in Boston, New York, Philadelphia, Washington, DC, Atlanta, Austin and Dallas. And the company plans to expand its on-site services to Los Angeles and the San Francisco Bay Area in September. HUNGRY Virtual Xperiences are available nationwide.
âSince the start of the pandemic, interest in HUNGRY has grown exponentially. This fundraising round went off in record time with considerable interest from new and past supporters, which will allow us to help even more Chiefs and communities across the country. “
– Jeff Grass, CEO of HUNGRY
âWhat started as a mission to disrupt the $ 60 billion office catering industry has grown into an adaptable, multi-pronged business, revolutionizing the way chefs work. Our response to the pandemic has demonstrated the power, agility and flexibility of our technology platform, our network of chefs and our incredible team. “
– Co-founder and COO of HUNGRY Eman Pahlavani