Fundraising Fox

Sweetgreen

NYSE: SG

Washington, US · Founded 2009 · Delaware corporation · 6 known investors

sweetgreen.com

Sweetgreen offers salads and plant-forward meals with workplace-focused services including office catering, batch delivery, and a subsidized meal credits program for teams. It serves companies looking to provide food options for their employees, whether in-office or remote.

ConsumerFoodTech

Founders & leadership

Sweetgreen was founded in 2009 by Nathaniel Ru and Jonathan Neman.

NRNathaniel Ru
Nathaniel RuinCo-Founder
JNJonathan Neman
Jonathan Nemanin𝕏Co-Founder + CEOAngel
MR
Mitch RebackExecutive
KK
Karen KelleyExecutive
JF
Jeff FriedNamed on SEC filing

Board

NJNicolas Jammet
Nicolas JammetinCo-Founder & Chief Concept OfficerVenture Partner at Red Sea Ventures
SCSteve Case
Steve Casein𝕏Board Member2013–2022Chairman & CEO of Revolution; co-founder of AOL
MH
Mike HislopBoard director
GH
Gary HirshbergBoard director
SB
Scott BelskyBoard director

Investors · 6

Reported raises · per SEC filings

Form D private placements

$91M disclosed across 4 rounds · 2012–2016

$40MraisedNov 2016 · 50 investors · Restaurants
Rule 506(b)
Officers, directors & promoters on the filing
  • Gary HirshbergDirector
  • Scott BelskyDirector
  • Mitch RebackExecutive Officer
  • Mike HislopDirector
  • Steve CaseDirector
  • Karen KelleyExecutive Officer
  • Nicolas JammetExecutive Officer, Director, Promoter
  • Nathaniel RuExecutive Officer, Director, Promoter
  • Jonathan NemanExecutive Officer, Director, Promoter
Offering amount
$40M
Amount sold
$40M
Minimum investment
$1
Proceeds to insiders
$1.5M
First sale
Aug 2016
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$35MraisedJul 2015 · 22 investors · Restaurants
Rule 506(b)
Officers, directors & promoters on the filing
  • Mike HislopDirector
  • Gary HirshbergDirector
  • Mitch RebackExecutive Officer
  • Scott BelskyDirector
  • Karen KelleyExecutive Officer
  • Nicolas JammetExecutive Officer, Director, Promoter
  • Nathaniel RuExecutive Officer, Director, Promoter
  • Jonathan NemanExecutive Officer, Director, Promoter
  • Steve CaseDirector
Offering amount
$35M
Amount sold
$35M
Minimum investment
$1
First sale
Jun 2015
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$12.7MraisedNov 2014 · 1 investors · Restaurants
Rule 506(b)
Officers, directors & promoters on the filing
  • Steve CaseDirector
  • Mike HislopDirector
  • Karen KelleyExecutive Officer
  • Alice ElliotDirector
  • Jonathan NemanExecutive Officer, Director, Promoter
  • Nathaniel RuExecutive Officer, Director, Promoter
  • Nicolas JammetExecutive Officer, Director, Promoter
  • Gary HirshbergDirector
Offering amount
$18.5M
Amount sold
$12.7M
Minimum investment
$1
Proceeds to insiders
$1M
First sale
Nov 2014
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$3.2MraisedFeb 2012 · 18 investors · Restaurants
Rule 506(b)
Officers, directors & promoters on the filing
  • Nicolas JammetExecutive Officer, Director, Promoter
  • Nathaniel RuExecutive Officer, Director, Promoter
  • Jonathan NemanExecutive Officer, Director, Promoter
  • Gary HIrshbergDirector
  • Jeff FriedDirector
Offering amount
$6M
Amount sold
$3.2M
First sale
Feb 2012
Incorporated
Corporation, Delaware, 2009
Federal exemptions
06
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Founder mafia

3 people who came through Sweetgreen went on to found or lead other companies.

Competitors · 10

by search overlap
Uber Eats6008 shared keywordsEasiest way for consumers and businesses to order food from favorite local eateries
Grubhub5615 shared keywordsChicago-based online food ordering and delivery platform, formerly NYSE-listed, now owned by Marc Lore's Wonder Group.
DoorDash4166 shared keywordsDoorDash operates a restaurant delivery platform that connects customers with dining establishments across hundreds of cities in North America through a logistics network.
Eater3688 shared keywordsEater is a food and dining media publication producing restaurant guides, maps, videos, and articles covering where to eat across cities in the US and beyond. It covers dining out, groceries and retail, and local food scenes for readers and diners.
Postmates2766 shared keywords<UNKNOWN>
Atly2760 shared keywordsAtly is a location discovery app that helps people find restaurants, bars, and places to visit through personalized recommendations and user-generated tips. The consumer platform has been described as combining social community content with map-based navigation.
Toast2212 shared keywordsToast provides a point-of-sale platform built for restaurants and food service businesses, handling high-volume operations, revenue tracking, and retail sales. The platform includes AI-driven analytics (Toast IQ) that connect data and workflows to help operators make decisions and manage margins.
Cava1837 shared keywordsMediterranean-rooted food brand bringing health and heart to dining.
Wanderlog1692 shared keywordsWanderlog is a travel planning app that allows users to create detailed itineraries, explore shared guides from other travelers, and manage bookings—integrating attractions on maps, reservations, budgeting, and route optimization in a single platform.
the infatuation1427 shared keywordsThe Infatuation is a restaurant and hospitality content platform that publishes guides, reviews, and recommendations for dining and nightlife destinations across major US and international cities.

Companies competing with Sweetgreen for the same Google search keywords, organic and paid, via search-intersection analysis.

In the news

Frequently asked questions

What does Sweetgreen do?
Sweetgreen offers salads and plant-forward meals with workplace-focused services including office catering, batch delivery, and a subsidized meal credits program for teams. It serves companies looking to provide food options for their employees, whether in-office or remote.
Who founded Sweetgreen?
Sweetgreen was founded by Nathaniel Ru, Jonathan Neman in 2009.
Who are Sweetgreen's investors?
Sweetgreen's investors include Collaborative Fund, Evolution VC Partners, Red Sea Ventures, Revolution, S2G Investments, True Ventures.
How much funding has Sweetgreen raised?
Sweetgreen has disclosed $91M raised across 4 rounds.
Where is Sweetgreen headquartered?
Sweetgreen is headquartered in Washington, US.