Funding round
Gousto Growth
Reported as "Growth Equity"
Gousto, which works in meal kit subscription services in London, raised $61M in a Growth round announced on 6 Feb 2023, at a $1.70B post-money valuation. 1 firm took part. It is Gousto's sixth venture round on record; the one before was a Growth in Feb 2022.
$61M
Amount raised
50,000,000 GBP converted
$1.70B
Post-money valuation
1
Investors
no lead named
3.6%
Stake sold
new money over the post-money
Valuation
What this round says about the price
This round priced Gousto at $1.70B after the new money. The $61M bought investors about 3.6% of the company. It came 12 months after Gousto's Growth. It is 13% of the $481M Gousto has raised in the venture rounds on record. No later venture round is on record for Gousto.
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 24 Feb 2022, led by SoftBank and SoftBank Vision Fund $230M
- Growth this round 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
1 firm took part; no lead investor was named.
Investors
- SoftBank new investor
Use of proceeds
What the money is for
According to the announcement, the money goes to scaling operations and working capital.
- Scaling operations
- Working capital
Comparable rounds
How it compares
5 Growth rounds in Groceries within a year either side disclosed an amount; the median was $55M, and this round was close to the median. The closest in time, other companies' Growth rounds in Groceries:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Groceries | 6 Dec 2022 | $151M | $353M | Verdane |
| Groceries | 16 Nov 2023 | $38M | not disclosed | not named |
| Picnic Groceries | 9 Jan 2024 | $389M | not disclosed | Edeka |
| Groceries | 29 Mar 2022 | $55M | not disclosed | HV Capital |
| Groceries | 1 Feb 2024 | $28M | not disclosed | not named |
Sources
Where this comes from
Reported by 3 sources.
Questions
Frequently asked
How much did Gousto raise in its Growth round?
Gousto raised $61M in its Growth round, announced in Feb 2023.
Which investors took part in Gousto's Growth round?
SoftBank.
What was Gousto's valuation at the Growth round?
$1.70B post-money.
How does it compare with other Growth rounds in Groceries?
5 Growth rounds in Groceries within a year either side disclosed an amount; the median was $55M, and this round was close to the median.