Wednesday, June 10, 2015

With New $135 Million Series D, Blue Apron Takes The Lead In Funding For Meal-Kit Startups

The company is using the influx of cash to exert greater control of its supply chain.

Blue Apron, one of the biggest players in the rapidly growing boxed-meal industry, today announced that it landed $135 million in Series D funding from Fidelity Management and Research Company, valuing the company at $2 billion. This influx of cash offers new insight into how the company plans to grow and strengthen its supply chain operations.

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