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Sweetgreen Chows On $18.5M Funding

2014-11-19
WASHINGTON, DC, Sweetgreen announced an additional financing round of $18.5M led by Steve Case's Revolution Growth.
BLOG EXCERPT: Today sweetgreen is seven years, three months and 18 days old. We have 27 restaurants in four cities. We have over 1000 team members. We have a west coast expansion underway.

We have momentum.

We are proud to announce an additional financing round of $18.5M led by Steve Case's Revolution Growth. This is the second round of funding we have raised from Revolution, a firm that invests in companies and entrepreneurs that they believe can change the world. Their support and mentorship will provide the fuel for meaningful long-term investments in our brand - and, together, we will create value by investing in our values.

As sweetgreen grows from a regional to national lifestyle brand, we will continue to differentiate ourselves with unmatched dedication to innovation and social responsibility. We will continue to spread the sweetlife, bringing passion and purpose to everything we do.

This capital raise is an opportunity to devote increased attention and resources to four core areas of our business: our sustainable supply chain, our philanthropic organization sweetgreen in schools, technological innovations focused on elevating the customer experience, and our team and company culture.

Founded in 2007, sweetgreen is a destination for delicious food thatÂ's both healthy for you and aligned with your values. We source local and organic ingredients from farmers we know and partners we trust, supporting our communities and creating meaningful relationships with those around us. We exist to create experiences where passion and purpose come together.
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