sweetgreen has just landed a major deal that continues to push the company forward! From being a dorm room start-up to becoming the Starbucks of salad sweetgreen has quickly grown across the country. Take a look at the new company valuation!
Founded in 2007, sweetgreen has become a destination for simple, seasonal, healthy food. They believe the choices we make about what we eat, where it comes from and how it is prepared has a direct and powerful impact on the health of individuals, communities, and the environment.
The recent investment was created by venture firms Lone Pine Capital and D1 Capital partners, along with existing investors, JP Morgan. Sweetgreen has announced that this capital will allow it to make strategic investments in technology, data, supply chain and social impact. Last year alone, sweetgreen had an average unit volume of $1.8 million and the U.S. system!