$86.59 million raised so far by Munchery via private placement


muncheryHey if you didn’t know about it, maybe it is time to add XDATA as part of your market monitoring regimen, 14 days free trials are available here. You can find the story and many more on qbeats as well.

Munchery disclosed selling 95% of its $91.59 million non-brokered equity offering to twenty-two investors. The sale started on May 14th according to the document filed at the SEC. Two previous unregistered financing rounds raised an estimated $32.22 million.
Munchery markets and develops a prepared meal delivery platform for people seeking high-quality, healthy meals prepared by professional chefs with seasonal ingredients. Investors include Sherpa Ventures, actor-director Jon Favreau, Kogi BBQ truck chef Roy Choi, E.ventures and Menlo Ventures.
The company, headquartered in San Francisco CA, is led by Tri Tran (President). Munchery elected to keep its revenues undisclosed.
The executive team includes Conrad Chu.
The board of directors includes Pravin Vazirani, Shervin Pishevar and Thomas Gieselmann.

The company has raised an estimated total of $118.81 million via private unregistered security offerings.

Offering recap
Status: First close
Company: Munchery
Industry: Other Technology
Amount offered: $91.59 million
Amount placed: $86.59 million
SEC filing: Source
First sale: 05-14-2015
Data as of: 05-27-2015

For more information visit www.XDATA.co

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