HelloFresh

HelloFresh is a food subscription company that sends pre-portioned ingredients to users’ doorstep each week. It enables anyone to cook quick and healthy meals designed by nutritionists and chefs. The Company's recipes are created by world-class chefs who ensure that the meals are delicious and easy to prepare within 30 minutes.
Company Growth (employees)
Type
Private
HQ
Berlin, DE
Founded
2011
Size (employees)
1,400 (est)
HelloFresh was founded in 2011 and is headquartered in Berlin, DE

Key People/Management at HelloFresh

Dominik Richter

Dominik Richter

Founder & CEO
Christian Gaertner

Christian Gaertner

CFO
Nuno Simaria

Nuno Simaria

CTO
Maximilian Backhaus

Maximilian Backhaus

CMO
Thomas Griesel

Thomas Griesel

Founder & CEO International

HelloFresh Office Locations

HelloFresh has offices in Berlin, Munich, Hamburg, Richmond and in 15 other locations
Berlin, DE (HQ)
37A Saarbrücker Str.
Show all (19)

HelloFresh Financials and Metrics

Summary Metrics

Founding Date

2011

Total Funding

$364 m

Latest funding size

$88 m

Time since last funding

10 months

Investors

HelloFresh's latest funding round in December 2016 was reported to be $88 m. In total, HelloFresh has raised $364 m. HelloFresh's latest valuation is reported to be $2.1 b.

HelloFresh Financials

HelloFresh's revenue was reported to be €597 m in FY, 2016
EUR

Revenue (FY, 2016)

597 m

Revenue growth (FY, 2015 - FY, 2016), %

96%

Gross profit (FY, 2016)

339.6 m

Gross profit margin (FY, 2016), %

57%

Net income (FY, 2016)

(93.9 m)

EBIT (FY, 2016)

(90.5 m)

Market valuation

2.1 b
EURFY, 2014FY, 2015FY, 2016

Revenue

69.6 m305 m597 m

Revenue growth, %

338%96%

Cost of goods sold

31.1 m146.1 m257.3 m

Gross profit

38.5 m158.9 m339.6 m
EURQ3, 2016

Revenue

438.3 m

Cost of goods sold

189.6 m

Gross profit

248.7 m

Gross profit Margin, %

57%
EURFY, 2014FY, 2015FY, 2016

Cash

19.8 m109.2 m

Accounts Receivable

2.7 m11.5 m

Inventories

1.4 m5.6 m

Current Assets

26.9 m137.5 m
EURQ3, 2016

Cash

99.4 m

Accounts Receivable

10.7 m

Inventories

8.6 m

Current Assets

128.4 m
EURFY, 2014FY, 2015FY, 2016

Net Income

(15.4 m)(116.8 m)

Depreciation and Amortization

180 k642 k

Accounts Receivable

(4.7 m)(15.5 m)

Inventories

(1.2 m)(4.2 m)
EURQ3, 2016

Net Income

(77.2 m)

Depreciation and Amortization

2.8 m

Accounts Receivable

800 k

Inventories

(2.9 m)
EURY, 2016

Revenue/Employee

656.3 k

Financial Leverage

7.4 x
Show all financial metrics

HelloFresh Operating Metrics

HelloFresh's Customers was reported to be 850 k in Apr, 2017
Q3, 2014Y, 2014May, 2015Q3, 2015Q4, 2015Q1, 2016Q2, 2016Apr, 2017

Meals Delivered

3.2 m13 m17 m22.7 m

Customers

115 k172 k530 k787 k850 k

Recipes in Database

15 k

Meals Delivered per Month

4 m7.2 m9 m
Show all operating metrics

HelloFresh Revenue Breakdown

Traffic Overview of HelloFresh

HelloFresh Online and Social Media Presence

HelloFresh Company Life and Culture

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