sweetgreen

Sweetgreen is a fast casual restaurant chain that serves simple, seasonal, and healthy salads, and grain bowls.

sweetgreen is building a new type of food company and a sustainable supply chain to challenge how we think about real food, explore innovative new retail formats, and elevate the consumer experience.

sweetgreen was founded in Washington DC in 2007 by Nicolas Jammet, Nathaniel Ru, and Jonathan Neman. The company is headquartered in Los Angeles, California, and has stores in over 140 locations across 13 states.

 

sweetgreen is building a brand that connects to local neighborhoods and leaves communities better off than they found them. The company makes their food from scratch every day, using whole produce delivered that morning.

 

Sweetgreen strongly believes in harnessing the power of technology to enhance the customer experience, and leverages their app to create an omnichannel experience to meet their customers where they are.

 

sweetgreen is backed by Fidelity, Lone Pine Capital, D1 Capital Partners, Goldman Sachs & Co, J.P. Morgan, T. Rowe Price, Revolution Growth, and others. The company raised $150M in Series I round on Sep 23, 2019. This brings sweetgreen's total funding to $478.6M to date. The Series I round valued the company at $1.6B post-money. sweetgreen went public on Nov 18, 2021, the company raised $364M from the listing at IPO valuation of $3.05B. 

 

 

  • Year founded: 2007
  • Funding Info: $478.6M over 7 Rounds (Latest Funding Type: Series I)
  • Yearly Revenue: $300M (2019)
  • Employee Size: 1,001-5,000
  • Business Valuation: Valued $3.05B at IPO as of Nov 18, 2021
  • City/Town: Los Angeles
  • State: California
  • Country: United States
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