Venture Capital News: Everytable Receives $16M Series B
2020-11-18
LOS ANGELES, CA, Everytable has closed a $16 million Series B funding round.
Everytable, a mission-driven food company that fights for food justice by making fresh, delicious food accessible and affordable for all, announced today the closing of a $16 million Series B funding round. The round was led by Creadev, an investment company with a long tradition of partnering with entrepreneurs to build world-changing companies.
Joining Creadev in the round is Kaiser Permanente Ventures, the venture capital arm of Kaiser Permanente, making its first investment in a fresh-prepared food company to support community health. Kaiser Permanente has a longstanding commitment to improving access to healthy, affordable food to address food insecurity in its communities. In the wake of the health and economic crisis fueled by the COVID-19 pandemic, the organization has redoubled its efforts to address food insecurity. Other investors in the round include Candide Group, Gratitude Railroad Ventures, Desert Bloom Food Ventures, and Kimball Musk.
Everytable will use the investment to accelerate growth throughout Southern California through new grab-and-go stores, institutional food service partnerships, and the expansion of its subscription delivery service. The company is laying the foundation for expansion into its first market beyond Los Angeles and across the country.
Founded in 2016, Everytable is a mission-driven food company that fights for food justice and equality by providing healthy and nutritious food that is both accessible and affordable for everyone. Today, Everytable is a multi-channel, fresh-prepared food business blending grab-and-go storefronts, subscriptions and SmartFridges supplied by a central kitchen with meals priced according to the neighborhood. To date, Everytable has sold more than 4 million meals. For more information, please visit www.everytable.com.
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