Purple Carrot Obtains $5,000,000 New Financing Round

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=13106611-2e6d-4cb4-a62f-808f3e24ff8f
Date
5/11/2016
Company Name
Purple Carrot
Mailing Address
460 Hillside Ave Needham, MA 02494 USA
Company Description
Purple Carrot, founded in 2014, is the first plant-based meal kit delivery service that makes it possible for people to simply and conveniently create delicious, plant-based meals at home.
Website
http://www.thepurplecarrot.com
Transaction Type
Debt
Transaction Amount
$5,000,000
Transaction Round
Undisclosed
Proceeds Purposes
With the new financing, the company will be able to increase consumer awareness for the brand and continue to lead the discussion regarding the value of a plant-based diet for health and environmental reasons.
M&A Terms
Venture Investor
WindSail Capital Group