Tool Create startup animated videos in minutes, not in hours! 

Nestle Acquires Meal Delivery Service Freshly for $950M

Freshly, the meal delivery service for freshly-prepared meals, has agreed to be acquired by global food conglomerate Nestle for $950M with an additional $550M in earnouts possible. “We are extremely excited to expand our relationship with Nestlé,” said Freshly CEO Michael Wystrach. Convenience and nutrition are driving forces in the future of food, and our becoming a part of the world’s largest food company confirms that. Convenience and nutrition are driving forces in the future of food, and our becoming a part of the world’s largest food company confirms that. – Michael WystrachFounded in 2012 by Carter Comstock and Wystrach, Freshly has raised a total of $107M in reported equity funding.

Startup Around is now on Telegram and Whatsapp. For the best startup stories & resources, subscribe us on Telegram & Whatsapp.
Get the best stories from Startup Around on Telegram