Funding round
Gousto Growth
Reported as "Growth Equity"
Gousto, which works in meal kit subscription services in London, raised $230M in a Growth round announced on 24 Feb 2022, led by SoftBank and SoftBank Vision Fund. 5 firms took part, 1 of them already investors. It is Gousto's fifth venture round on record; the one before was a Growth in Jan 2022.
$230M
Amount raised
Not disclosed
Post-money valuation
5
Investors
2 leads
Valuation
What this round says about the price
Gousto did not disclose a valuation in this round. It came 1 month after Gousto's Growth. It is 48% of the $481M Gousto has raised in the venture rounds on record. Gousto raised again 12 months later: a Growth round of $61M in Feb 2023, at $1.70B post-money.
Gousto's funding rounds
Gousto has 6 venture rounds on record and 1 other deal. This one is highlighted.
- Series A 17 Sep 2014, led by Unilever Ventures $8.3M
- Series B 10 Dec 2015 $9.0M
- Series E 11 Jan 2019 $23M
- Growth 7 Jan 2022, led by SoftBank $150M
- Growth this round 24 Feb 2022, led by SoftBank and SoftBank Vision Fund $230M
- Growth 6 Feb 2023 $61M$1.70B post-money
- Debt not a venture round 5 Mar 2023, led by Angel CoFund $22M
Investors
Who put money in
SoftBank and SoftBank Vision Fund led the round with 3 other firms. SoftBank had backed Gousto before.
Lead investors
- SoftBank existing investor
- SoftBank Vision Fund backs 234 venture-backed companies
Also in the round
- Fidelity International new investor
- Grosvenor Food & AgTech new investor
- Railpen new investor
Comparable rounds
How it compares
8 Growth rounds in Groceries within a year either side disclosed an amount; the median was $136M, and this round was 1.7 times the median. The closest in time, other companies' Growth rounds in Groceries:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Groceries | 29 Mar 2022 | $55M | not disclosed | HV Capital |
| Gopuff Groceries | 23 Dec 2021 | $1.50B | $4.00B | Guggenheim Partners |
| Groceries | 2 Dec 2021 | $260M | $1.20B | not named |
| Kurly Groceries | 19 Dec 2021 | $210M | $3.30B | Anchor Equity Partners |
| Groceries | 9 Nov 2021 | $2.8M | not disclosed | Maven Capital Partners |
| Groceries | 30 Jun 2021 | $120M | not disclosed | not named |
| Groceries | 6 Dec 2022 | $151M | $353M | Verdane |
| Groceries | 3 Feb 2021 | $100M | not disclosed | Glade Brook and GV |
Sources
Where this comes from
Reported by 3 sources.
Questions
Frequently asked
How much did Gousto raise in its Growth round?
Gousto raised $230M in its Growth round, announced in Feb 2022.
Who led Gousto's Growth round?
SoftBank and SoftBank Vision Fund led it, with Fidelity International, Grosvenor Food & AgTech and Railpen.
What was Gousto's valuation at the Growth round?
It was not disclosed.
How does it compare with other Growth rounds in Groceries?
8 Growth rounds in Groceries within a year either side disclosed an amount; the median was $136M, and this round was 1.7 times the median.
Did Gousto raise again after this round?
Yes: a Growth round in Feb 2023 of $61M at $1.70B post-money.