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September 17, 2015

HELLOFRESH RAISES EUR 75 MILLION AT A VALUATION OF EUR 2.6 BILLION

erlin, Germany -  HelloFresh, the leading global fresh meals at home provider, today announced a new investment of EUR 75 million from UK investment manager Baillie Gifford. The Baillie Gifford investment values HelloFresh at EUR 2.6 billion post-money. 

Dominik Richter, co-founder and CEO of HelloFresh, said: “We believe there is continued significant growth potential for our business and we are pleased by this clear endorsement of our strategy and business model. Baillie Gifford is a noted and high-quality long-term investor with extensive expertise in e-commerce. We welcome them to HelloFresh.”  James Anderson, Partner at Baillie Gifford & Co: “We are very excited to be investing in HelloFresh, a fast-growing company which is creating a new category within the global food market. We look forward to working with the HelloFresh team and faithfully supporting the company in the long term.”

Download full press release in English