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Hungryroot

Hungryroot

Online meal kit and grocery delivery service

About

Hungryroot provides a service that merges meal kits with grocery delivery, making it easier for busy individuals and families to prepare meals without the hassle of planning or shopping. Customers can choose from a variety of meal options that cater to different dietary needs, such as dairy-free, gluten-free, and plant-based meals. By taking a quiz on the website, users receive personalized meal recommendations tailored to their preferences and health goals. The subscription model allows customers to receive deliveries starting at $65, with the flexibility to skip weeks or cancel at any time. Unlike many competitors, Hungryroot stands out by focusing on healthy, easy-to-prepare meals and offering a combination of meal kits and grocery items, catering specifically to health-conscious consumers in a rapidly growing online food delivery market.

Company Stage

Series C

Employees

51-200

Industries

Food & Agriculture, Consumer Goods

Total Funding

$75.4M

Headquarters

N/A

Founded

2015


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Simplify's Take

What believers are saying

  • Hungryroot's recent $40M Series C funding will enable significant growth, including team expansion and technological advancements.
  • Partnerships with brands like Actual Veggies and Mighty Yum enhance their product offerings and market reach.
  • The appointment of experienced executives from GrubHub and KAYAK signals strong leadership and strategic direction.

What critics are saying

  • The class action lawsuit regarding automatic subscription renewals could damage Hungryroot's reputation and financial standing.
  • Intense competition from established players like HelloFresh may limit market share growth.

What makes Hungryroot unique

  • Hungryroot uniquely combines meal kits with grocery delivery, offering unparalleled convenience compared to traditional meal kit services.
  • Their focus on health-conscious, dietary-specific options like dairy-free, gluten-free, and plant-based meals sets them apart in the crowded online food delivery market.
  • The use of AI to provide personalized meal recommendations based on customer quizzes enhances user experience and satisfaction.

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Growth & Insights
Headcount

6 month growth

9%

1 year growth

-3%

2 year growth

33%

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