Graze is an online snack retailer delivering natural foods, particularly fruits and vegetables, flapjacks, cakes and popcorn to residential homes or workplaces daily via post. The Company combines love for food with a pioneering use of technology and product innovation to create delicious snacks with healthy benefits.


Type
Private
HQ
London, GB
Founded
2009
Size (employees)
208 (est)
Website
graze.com
Graze was founded in 2009 and is headquartered in London, GB
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Key People/Management at Graze

Anthony Fletcher

Anthony Fletcher

CEO
Andy Gibbs

Andy Gibbs

CFO
Graham Bosher

Graham Bosher

Founder & Non-Exec Director

Graze Office Locations

Graze has offices in Richmond and London
London, GB (HQ)
4 Heron Square Richmond
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Graze Financials and Metrics

Summary Metrics

Founding Date

2009

Total Funding

$3.3 m

Latest funding size

$3.28 m

Time since last funding

9 years ago

Investors

Graze's latest funding round in July 2009 was reported to be $3.3 m. In total, Graze has raised $3.3 m
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Graze Financials

Graze's revenue was reported to be £50.37 m in FY, 2017
GBP

Revenue (FY, 2017)

50.4 m

Gross profit (FY, 2017)

22.3 m

Gross profit margin (FY, 2017), %

44.3%

Net income (FY, 2017)

1.7 m

EBIT (FY, 2017)

1 m

Cash (28-Feb-2017)

4.8 m
GBPFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Revenue

8.1 m20.9 m40.2 m50.9 m57.1 m50.4 m50.4 m

Revenue growth, %

27%12%(12%)

Cost of goods sold

6.6 m12.6 m23.3 m28.3 m29.4 m26.8 m28.1 m

Gross profit

1.5 m8.4 m16.9 m22.7 m27.6 m23.6 m22.3 m
GBPFY, 2008FY, 2009FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Cash

575 k1.3 m1.9 m5.3 m3.2 m7.1 m3.4 m4.9 m4.8 m

Accounts Receivable

13.2 k84.7 k65.3 k140.6 k197.6 k988 k608 k1.8 m4.7 m

Inventories

28.8 k130.8 k577.5 k767.6 k1.1 m1.3 m2.1 m2 m2.2 m

Current Assets

617 k1.5 m2.7 m6.8 m5.7 m10.4 m32.2 m38.5 m43.9 m
GBPFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Net Income

(1.4 m)3.4 m8.7 m10.3 m8.7 m6.5 m1.7 m

Cash From Operating Activities

(376 k)4.8 m

Cash From Financing Activities

1.9 m493.1 k

Net Change in Cash

671.1 k3.4 m
GBPY, 2017

Revenue/Employee

251.6 k

Financial Leverage

1.3 x
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Graze News and Updates

Graze backer: It's 'funny' we made the same profit as Marks & Spencer

A disruptive venture capital fund today said it was "funny" that it made the same profits as retail giant Marks & Spencer. Aim-quoted Draper Esprit, which has masterminded the growth of brands such as Graze, Revolut and Crowdcube, doubled annual profits to £65.3m. The firm's primary portfo…

A new venture capital firm is listing to focus on virtual reality

London's public market has welcomed a new venture capital fund to its ranks this morning, as Sure Ventures listed for £3.3m. Sure is set to focus on companies which develop augmented reality, virtual reality, fintech and internet of things (IoT) products. Managed by Shard Capital, which also r…

Cornerstone backer Calculus is raising £10m for its venture capital trust

Calculus Capital, the investment firm which backs shaving subscription business Cornerstone, has launched a £10m fundraising for its venture capital trust (VCT). The VCT, which launched in 2010, aims to deliver an annual dividend of 4.5 per cent – or 6.1 per cent for investors who receive the 30 …

Graze backer Draper Esprit boosts its portfolio value by 44 per cent

Listed venture capital firm Draper Esprit, which has backed businesses such as snack producer Graze and fashion marketplace Lyst, announced in interim results this morning that its portfolio value had rocketed. The numbers Draper Esprit's gross primary portfolio value – or the value of all its…
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