Funding round
Gousto Series A
Gousto, which works in meal kit subscription services in London, raised $8.3M in a Series A round announced on 17 Sep 2014, led by Unilever Ventures. 2 firms took part, 1 of them already investors. It is Gousto's first venture round on record.
$8.3M
Amount raised
Not disclosed
Post-money valuation
2
Investors
1 lead
Valuation
What this round says about the price
Gousto did not disclose a valuation in this round. It is Gousto's first venture round on record, 2 years after it was founded in 2012. It is 1.7% of the $481M Gousto has raised in the venture rounds on record. Gousto raised again 15 months later: a Series B round of $9.0M in Dec 2015. Its next priced round, a Growth in Feb 2023, valued it at $1.70B.
Gousto's funding rounds
Gousto has 6 venture rounds on record and 1 other deal. This one is highlighted.
- Series A this round 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 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
Unilever Ventures led the round with 1 other firm. MMC had backed Gousto before.
Lead investor
- Unilever Ventures new investor
Also in the round
- backs 78 venture-backed companies existing investor
Joined the board: Jan Harley (Unilever Ventures).
Use of proceeds
What the money is for
According to the announcement, the money goes to product development.
- Product development
Comparable rounds
How it compares
The closest in time: Series A rounds in any sector within 6 months:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Medical Supply Manufacturers | 19 Sep 2014 | $25M | not disclosed | not named |
| Payment Processing & Point of Sale | 3 Sep 2014 | $17M | not disclosed | H&Q Asia Pacific |
| Gyms, Fitness & Health Centers | 17 Sep 2014 | $12M | not disclosed | not named |
| Medical Supply Manufacturers | 2 Sep 2014 | $11M | not disclosed | Innovation Network Corporation of Japan |
| Tech Companies | 8 Sep 2014 | $8.5M | not disclosed | dfj |
| Tech Companies | 10 Sep 2014 | $8.0M | not disclosed | Earlybird |
| Digital & Marketing Agencies | 8 Sep 2014 | $7.0M | not disclosed | Polaris Partners |
| Tech Companies | 22 Sep 2014 | $6.0M | not disclosed | SoftBank Capital |
Sources
Where this comes from
Reported by 3 sources.
Questions
Frequently asked
How much did Gousto raise in its Series A round?
Gousto raised $8.3M in its Series A round, announced in Sep 2014.
Who led Gousto's Series A round?
Unilever Ventures led it, with MMC.
What was Gousto's valuation at the Series A round?
It was not disclosed.
Did Gousto raise again after this round?
Yes: a Series B round in Dec 2015 of $9.0M.