Tech Company Financing Transactions

Sprig Funding Round

Social Capital and Greylock Partners invested in a $45 million Series B capital raise for Sprig. The funding round was announced on 4/15/2015.

Transaction Overview

Company Name
Announced On
4/15/2015
Transaction Type
Venture Equity
Amount
$45,000,000
Round
Series B
Investors

Social Capital (Lead Investor) (Ted Maidenberg)

Greylock Partners (Simon Rothman)

Proceeds Purpose
The company also announced it will be expanding its service from San Francisco to cities across the country, beginning first with the rest of the San Francisco Bay Area and Chicago with more cities by end of 2015. This round paves the way for national availability of Sprig, which enables customers to order healthy, organic and ready-to-eat meals from their smartphone.

Company Information

Company Status
Out of Business
Industry
Internet & IoT
Mailing Address
645 Harrison St. 200
San Francisco, CA 94107
USA
Email Address
Overview
Our locally-sourced seasonal meals are crafted with care by former Google executive chef Nate Keller. We offer a daily rotating menu featuring quality ingredients that you can feel great about.
Profile
Sprig LinkedIn Company Profile
Social Media
Sprig Company Twitter Account
Company News
Sprig News
Facebook
Sprig on Facebook
YouTube
Sprig on YouTube

Management Team

Title
Name
Email & Social
Co-Founder
Gagan Biyani
  Gagan Biyani LinkedIn Profile  Gagan Biyani Twitter Account  Gagan Biyani News  Gagan Biyani on Facebook


 

 

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Prev: 4/15/2015: GreenLancer venture capital transaction
Next: 4/15/2015: Benchling venture capital transaction

 

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About Database of VC Transactions

We do our best to report on every notable VC transaction. VC investment data records reported here are sourced from company press releases and news coverage. The data is sourced from VentureDeal.com, an affiliated venture.

 


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