/Companies

Sweetgreen

NYSE: SGUnicorn · $2.6B

Washington, US · Founded 2009 · Delaware corporation · 16 known investors

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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.

Also known as sweetgreen

Founders & leadership

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

NRNathaniel Ru
Nathaniel RuCo-Founder
JNJonathan Neman
Jonathan NemanCo-Founder + CEOExecutive officer and director of Sweetgreen, which offers salads and plant-forward meals along with workplace services such as office catering, batch delivery, and subsidized meal credits for teams.
MR
Mitch RebackCFO2015–2025Mitch Reback is an executive officer at Sweetgreen, which provides salads and plant-forward meals with workplace catering and team meal programs. He previously held CFO positions at large multinational consumer product companies and smaller private equity-backed firms, developing expertise in business model design and marketing-driven growth strategy.
KK
Karen KelleyPresident

Board

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

Investors · 16

LDR VenturesreportedLos Angeles

How we know: a partner's Signal profile · Not right? Tell us

T. Rowe PricereportedBaltimore

How we know: the S-1 prospectus · Not right? Tell us

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.

Valuation · disclosed

Disclosed events
$2.6Bvaluation at IPONov 2021 · $28.00/share · 424B4
filing ↗

Source: SEC prospectus filings, and round valuations the company or its investors disclosed — follow each entry's link for the claim.

Company profile

researched Aug 2026

Sweetgreen operates a restaurant concept built around salads and plant-forward bowls assembled from vegetables, grains, proteins and house dressings. Its menu includes items such as the Kale Caesar, Guacamole Greens, Harvest Bowl, Chicken Pesto Parm and the vegetarian Shroomami, alongside sides such as roasted sweet potatoes and locally made rosemary focaccia supplied by regional bakery partners, plus beverages including a hibiscus clover tea. Some items, such as a buffalo chicken bowl, are offered online only, and the menu highlights attributes such as antibiotic-free chicken, organic shredded kale and allergen disclosures.

Alongside its in-store and online ordering, Sweetgreen markets a set of workplace offerings under "sweetgreen for work," comprising event and milestone catering, an "Outpost" daily batch delivery service to offices, and a credits program that lets employers subsidize meals for remote staff. The company also runs consumer-facing content, including kitchen tutorials distributed through TikTok, and solicits customer input on where to open new locations while recruiting for its teams.

Business model

Sweetgreen sells prepared meals directly to consumers through its restaurants and online ordering channels, and to employers through catering, office batch delivery (Outpost) and a subsidized meal-credits program.

Revenue from food sales to consumers and from workplace catering, batch delivery and employer-funded meal credit programs.

▸Full profile — go-to-market, geography

Go-to-market

Direct ordering via its own website and store locations, workplace channels (catering, Outpost office delivery, employer meal credits), and social content such as TikTok recipe tutorials; the site also collects customer suggestions for new store locations.

Individual consumers ordering salads and bowls in person or online, and employers arranging food for in-office teams, events and remote employees.

Geography

Operates physical locations with regional bakery partners supplying focaccia; the site invites customers to suggest where the company should open next.

Compiled by commissioned research from 1 cited public sources — announcements, filings, and press listed under research sources below.

Founder mafia

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

Related companies · 10

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OpenTableOpenTable is an online restaurant-reservation service and restaurant table-management software provider, owned by Booking Holdings.
DoorDashDoorDash operates a restaurant delivery platform that connects customers with dining establishments across hundreds of cities in North America through a logistics network.
EaterEater is a digital media brand covering food and dining culture through a national website, iOS app, local city sites, YouTube channel, podcasts, and newsletters. The brand provides restaurant recommendations, dining guides, and food journalism across multiple platforms and formats.
Postmates<UNKNOWN>
AtlyAtly 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.
ToastToast provides a restaurant management platform combining point-of-sale hardware (Flex POS, Toast Go 3 handheld) with software tools for online ordering, payroll, and other operations. It serves restaurants and restaurateurs across the food service industry.
CavaCAVA Group operates a chain of fast-casual Mediterranean restaurants serving customizable bowls and pitas, with 439 locations across 28 states and Washington, D.C., and manufactures and sells Mediterranean dips, spreads, and dressings in retail grocery channels.
WanderlogWanderlog 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.

Companies working in the same space as Sweetgreen.

Acquisitions · 1

Early investors' stakes continue via these deals
Spyce

Sweetgreen is a restaurant and food service company that provides fresh, plant-forward meals for workplace consumption through catering, office delivery, and meal subsidy programs.

Legal entities · 1

corporate structure
SweetgreenDelaware

▸Research sources · 1

primary sources listed

1 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does Sweetgreen do?
Sweetgreen is a restaurant brand serving salads and plant-forward bowls, with catering and workplace meal programs.
Who founded Sweetgreen?
Sweetgreen was founded by Nathaniel Ru, Jonathan Neman in 2009.
Who are Sweetgreen's investors?
Sweetgreen's investors include 37 Angels, blue 9 capital, Capital B Private Holdings, Collaborative Fund, Evolution VC Partners, Highsage Ventures, Maveron, PROOF and 8 more.
How much funding has Sweetgreen raised?
Sweetgreen has disclosed $91M raised across 4 rounds.
Where is Sweetgreen headquartered?
Sweetgreen is headquartered in Washington, US.