Everytable Raises $16M in Series B Round to Accelerate Transformation of U.S. Food System

PRIVATENov 17, 2020

Amount Raised

$16 Million

Round Type

Series B

Los AngelesFood And BeverageHospitalityFood Processing

Description

Everytable, a mission-driven food company that fights for food justice by making fresh, delicious food accessible and affordable for all, announced today the closing of a $16 million Series B funding round. The round was led by Creadev, an investment company with a long tradition of partnering with entrepreneurs to build world-changing companies.

Who else raised in Food And Beverage and Hospitality around the same time

Companies in the same sectors as Everytable that raised within 45 days of this round, from Fundz verified event records.

Living Food Asia Corp raised $975K (Seed) on December 28, 2020.
Proper Good raised $750K (Seed) on December 28, 2020.
Tattooed Chef, Inc. raised $900K (Seed) on December 22, 2020.
Zevia raised $200M on December 21, 2020.
WM Technology, Inc. raised $325M on December 18, 2020.
GROWLIFE, INC. raised $59K (Seed) on December 18, 2020.

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Company Information

Company

Everytable

Location

E Pacific Coast Hwy

Los Angeles, California, United States

About

Everytable is a Los Angeles-based social enterprise that is defining the future of food. Our mission is to make fresh, nutritious meals affordable for everyone. Meals are made fresh from scratch each day at our central kitchen and sold through small footprint, Everytable company-operated stores. In 2019 we launched two new distribution channels to reach even more people across Los Angeles: a meal subscription service where customers can have Everytable delivered to their door or ready for pick-up on a weekly basis; and the Everytable SmartFridge, a tech-enabled vending machine we're placing at offices buildings, college campuses, medical buildings, etc. and keep it fully stocked with Everytable meals; employees just swipe a credit card and pick the meals of their choice! We are well-funded, with a results-oriented management team that is determined to build a lasting business that solves a major social problem.

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What this usually means

Timeline to next round

Series B companies typically work for 15-20 months before raising new capital

Growth expectations

Series B companies are expected to scale rapidly and expand market reach

Everytable raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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