Home Chef Secures $10 Million in Series A Funding

Meal Kit Delivery Service Accelerates Company Expansion with Growing Capital

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May 03, 2016, 12:03 ET

CHICAGO, May 3, 2016 /PRNewswire/ -- Home Chef, a Chicago-based meal kit delivery service, announced it has secured $10 million in Series A capital, an investment led by Shining Capital and Guild Capital. This new financing enables Home Chef to continue expansion of its consumer services and open a distribution facility on the West Coast. Furthermore, the quickly growing company expects to raise additional capital in the near future.

Home Chef is now delivering over 540,000 meals per month, and the team currently staffs more than 400 employees.

"In the meal kit delivery service space, there are a growing number of players focusing on providing consumers with fresh ingredients and unique recipes, but Home Chef is creating a service that brings variety, flexibility and simplicity to home-cooking in a way that no one else has," said Pat Vihtelic, Founder and CEO of Home Chef. "We have a long way to go before our service and others begin running into each other. The market for food in the U.S. is massive, and as more people become aware of the convenience of cooking with meal kits, we are able to continue to grow and bring fresh ingredients and delicious recipes to people's kitchens."

In March 2016, Home Chef announced its expansion to the West Coast and additional East Coast locations that extended the service's reach to over 90 percent of all Americans. The Home Chef culinary team rolls out a new menu of 13 meals every week and delivers pre-portioned fresh ingredients and simple step-by-step instructions right to your doorstep.

Pricing and Availability:
Home Chef delivers gourmet meals for only $9.95 per serving, unless otherwise specified. With an order of $40 or more, shipping is free.

Home Chef's service is available to over 90 percent of the U.S. population.

About Home Chef
Headquartered in Chicago, Home Chef is a meal kit delivery service providing fresh ingredients and easy-to-follow recipes to households across the U.S. Home Chef offers thirteen meals that can be selected from a new menu every week, with step-by-step instructions for quality dishes made right at home. For more information on Home Chef, visit https://www.homechef.com/ or follow on Twitter, Instagram and Facebook.

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Media Contact
Catherine Haas
FortyThree, Inc.
831-401-3175
[email protected]

SOURCE Home Chef