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.”
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