Gousto secures £33m Series F funding from Perwyn, BGF, MMC Ventures and Joe Wicks
The investment round was led by Perwyn, BGF, MMC Ventures and Joe Wicks to support technology expansion and fulfilment capacity.
Gousto provides a recipe box delivery service in the UK, offering weekly rotating menus powered by automated technology and data insights. The company holds B Corp certification and focuses on reducing food waste.
Recipe box provider Gousto has raised £33m in a Series F funding round led by Perwyn, BGF, MMC Ventures and Joe Wicks. The latest injection of capital brings the company total funds raised to over £130m over the past eight years.
The business plans to direct the new capital towards scaling its technology capabilities, including the expansion of its London-based tech team, accelerating product innovation like next-day delivery, and increasing fulfilment capacity. The company has seen significant scaling with over 4m meals delivered monthly to UK households.
The round follows surging demand for online grocery delivery amid coronavirus restrictions. Alongside commercial operations, the firm has engaged with DEFRA on pandemic response efforts and supported foodbank networks.
From the founder
"We continue to be laser-focused on our vision to become the UK’s most-loved way to eat dinner. This additional investment is not only a validation of our track record, but it is also an endorsement of our strategic vision of the future which is rooted in investing in innovative technology to transform the way we search for, shop for, and cook our food."
Timo Boldt
Founder & CEO at Gousto
Investor perspective
"We continue to be impressed by Gousto and its dedication to its customers,"
Andrew Wynn
Founder and Managing Partner, Perwyn
Use of funds
- 01Grow the team
- 02Continue product development
- 03Build out infrastructure
