HUNGRY Closes $21MM Series C Round with “A-List” Backing

.Led by noteworthy VCs and celeb financiers, the brand-new financing will move HUNGRY’s geographical and service-based growth.Arlington, VA ( HUNGRY, among the fastest growing food tech start-ups in the U.S., today revealed the close of its $21 million Series C financing. The round unites a brand-new group of enthusiastic and varied advocates, consisting of acclaimed starlet, author, and manufacturer Issa Rae; “America’s Got Skill” host Terry Crews; NFL pass receiver DeAndre Hopkins; NBA super star Lonzo Ball, and heavyweight boxing champ Deontay Wilder.The brand-new group contributes to HUNGRY’s currently outstanding lineup of notable financiers, like Jay-Z’s Marcy Endeavor Partners; funnyman, star, and manufacturer Kevin Hart; internationally-acclaimed music star Usher; NFL five-time all-pro Ndamukong Suh; six-time all-pro linebacker Bobby Wagner; celeb chefs Tom Colicchio and Ming Tsai; and previous co-CEO of Whole Foods Market Walter Robb.Extra VC support for the round originated from an all-star group of financiers, consisting of Sands Capital Global Endeavor Fund, Motley Fool Ventures, Development VC Partners, Marcy Endeavor Partners, Stonewall Robb Investments, Studio Management, Support Ventures, Ames Watson LLC, The Distribute Fund, James Madison Innovations, GP Ventures, the Center for Ingenious Innovation, Personal Gain Access To Network, The Torch Fund, The Heritage Fund, Flight VC and Robert G. Hisaoka.HUNGRY will utilize the brand-new infusion of capital to accelerate its geographical and service-based growth.” Because the beginning of the pandemic, interest in HUNGRY has actually increased greatly,” stated Jeff Yard, CEO of HUNGRY. “This round of financing came together in record time with frustrating interest from brand-new and previous advocates, which will allow us to assist much more chefs and neighborhoods throughout the nation.”.Over the past 18 months, HUNGRY has actually grown under the pressure of an international pandemic, expanding its offerings to consist of Virtual Xperiences and last mile food shipment and logistics services, both of which currently have a nationwide footprint. These brand-new offerings assisted allow HUNGRY to double its year ending annualized income run rate in2020″ What began as an objective to interfere with the $60 billion workplace catering market has actually ended up being a versatile and multi-pronged service– changing the method chefs work,” stated HUNGRY co-founder and COO Eman Pahlavani. “Our pandemic reaction showed the power, dexterity and versatility of our tech platform, chef network, and amazing group.”.Because its creation, HUNGRY has actually contributed one meal for every single 2 meals offered to assist end appetite in the U.S. To date, the business has actually contributed over half a million meals through its own efforts and in collaboration with Feeding America’s across the country network of food banks.The start-up’s food options service presently runs in Boston, New York City City, Philadelphia, Washington, D.C., Atlanta, Austin and Dallas. The business prepares to broaden its onsite services to Los Angeles and the San Francisco Bay Location this September. HUNGRY’s Virtual Xperiences are offered across the country..About HUNGRY.HUNGRY was established in 2017 by serial business owners Eman Pahlavani, Shy Pahlevani and Jeff Turf as an innovative platform engaging the $60 billion organization and occasions catering market. The technology-enabled market offers curated experiences to groups and organizations throughout the United States by means of catering, chef pop-ups, treat packs, virtual cooking experiences, and food shipment services.Significant financiers in STARVING consist of Jay-Z’s Marcy Endeavor Partners, Kevin Hart, Usher, Todd Gurley, Bobby Wagner, Ndamukong Suh and celeb chefs Tom Colicchio and Ming Tsai. Through its collaborations, HUNGRY has actually contributed over half a million meals to individuals in requirement. The business likewise promotes ecological waste decrease through its Food Solutions programs.HUNGRY is headquartered in Washington, D.C. and has quickly growing operations in Philadelphia, Atlanta, Boston, New York City City, Austin, Dallas and Los Angeles. To find out more, go to Mary Eva Tredway. Butin Integrated Communications. [email protected]
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