Good Eggs

Good Eggs

Online grocery delivery service with diverse products

About Good Eggs

Simplify's Rating
Why Good Eggs is rated
B
Rated B on Competitive Edge
Rated B on Growth Potential
Rated B on Differentiation

Industries

Food & Agriculture

Consumer Goods

Company Size

201-500

Company Stage

Growth Equity (Venture Capital)

Total Funding

$201.5M

Headquarters

Oakland, California

Founded

2011

Overview

Good Eggs provides an online grocery delivery service that focuses on convenience, quality, and variety for consumers. Customers can shop for a wide selection of products, including fresh produce, meats, baked goods, and beverages, while also catering to specific dietary needs like gluten-free, paleo, and plant-based options. The shopping experience is facilitated through the company's website, where users can choose items based on their preferences for preparation time and serving size. Once selections are made, Good Eggs delivers the groceries directly to the customer's home on a scheduled delivery day. Unlike many competitors, Good Eggs also offers curated meal kits and seasonal items, such as holiday gifts and decor, which enhances their product offerings. The company's goal is to make grocery shopping easier and more enjoyable for customers by providing high-quality food options and a seamless delivery experience.

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Simplify's Take

What believers are saying

  • Growing demand for plant-based and alternative proteins benefits Good Eggs' diverse product offerings.
  • The rise of personalized nutrition creates opportunities for tailored meal kits and grocery options.
  • Increased consumer interest in sustainability aligns with Good Eggs' eco-friendly packaging initiatives.

What critics are saying

  • Increased competition from Instacart and Amazon Fresh challenges Good Eggs' market position.
  • The acquisition by GrubMarket may lead to strategic shifts alienating existing customers.
  • Financial struggles and valuation decline may hinder investment in technology and infrastructure.

What makes Good Eggs unique

  • Good Eggs offers a unique combination of fresh produce, meal kits, and beverages.
  • The company focuses on local and organic produce, supporting sustainable farming practices.
  • Good Eggs provides exclusive culinary experiences, like the Momofuku at Home collection.

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Funding

Total Funding

$201.5M

Above

Industry Average

Funded Over

5 Rounds

Notable Investors:
Growth Equity VC funding comparison data is currently unavailable. We're working to provide this information soon!
Growth Equity VC Funding Comparison
Coming Soon

Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

Paid Sick Leave

Paid Vacation

401(k) Retirement Plan

Company News

TechCrunch
Aug 6th, 2024
GrubMarket has acquired Good Eggs

TechCrunch has learned and confirmed that GrubMarket, the startup that has quietly built a B2B empire in produce and grocery logistics and is now valued at $3.5 billion, has acquired Good Eggs, a once-feted fresh food delivery startup that has fallen on hard times recently.

TechCrunch
Aug 6th, 2024
EXCLUSIVE: GrubMarket has acquired Good Eggs

Sources with knowledge of the deal said it was an all-stock transaction that valued Good Eggs slightly above its previous valuation of $22 million.

Perishable News
Jun 27th, 2024
MyForest Foods Plants Roots on the West Coast with Good Eggs Retail Partnership

GREEN ISLAND, NY - MyForest Foods Co. announced that MyBacon strips, the company's award-winning product, will be available to consumers on the West Coast for the first time ever through a strategic retail partnership with Good Eggs, an online grocery that connects the quality of the farmer's market with the convenience of home delivery.

AlleyWatch
Mar 27th, 2023
The Weekly Notable Startup Funding Report: 3/27/23 – AlleyWatch

Founded by Honghao Deng and Jiani Zeng in 2019, Butlr has now raised a total of $33.0M in total equity funding and is backed by Qualcomm Ventures.

Bizjournals
Mar 24th, 2023
Good Eggs sees massive decline in valuation as it raises new funds

What's happening at Oakland-based grocery delivery company Good Eggs?

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