Gousto

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SCA Investments Limited
Gousto
IndustryMeal kit
Founded12 April 2012 Edit this on Wikidata
FounderTimo Boldt
James Carter
Headquarters
London, England
Area served
Most of mainland Great Britain
Number of employees
900
Websitewww.gousto.co.uk

Gousto, a trading name of SCA Investments Limited, is a British meal kit retailer, headquartered in Shepherd's Bush, London, founded by Timo Boldt and James Carter. Gousto supplies subscribers with recipe kit boxes which include ready-measured, fresh ingredients and easily followed recipes.

History

In August 2013, Gousto's co-founders appeared on the BBC's Dragons' Den.

In December 2015, Gousto raised £9m in funding from the Business Growth Fund, MMC Ventures, Unilever and the Angel Co-Fund, with a further £10m in November 2016.

In October 2016, Gousto's co-founder Timo Boldt was awarded IGD's 'Young Entrepreneur of the Year' award.

In January 2019, Gousto raised £18m in funding from Unilever Ventures, Hargreave Hale, MMC Ventures, the Angel CoFund, and fitness coach Joe Wicks.

In July 2019, Gousto raised £30m in funding from private equity firm Perwyn.

In February 2020, Gousto partnered with UK-based The Meatless Farm Company to build upon Gousto's objective of tapping into the growing audience of vegan and other consumers looking to reduce their meat consumption.

In April 2020, Gousto raised £33m in funding from Perwyn, BGF Ventures, and MMC Ventures, and Joe Wicks.

When Gousto raised funds in February 2023, it did so at a valuation of less than £250m, representing a decrease of about 80% from its valuation of £1.4bn in 2022.

Recognition

The company won Retail Business of the Year at the 2015 Startups awards, the Angel-VC Deal of the Year at the 2015 UK Business Angels Association Awards, the Young Entrepreneur of the Year award (CEO and founder, Timo Boldt) at the 2014 Great British Entrepreneur Awards, and the Everline Future50 at the 2014 Real Business Awards.

It has been voted best recipe kit service by The Independent, The Guardian, Metro and Time Out London.

See also

References

  1. ^ a b Hall, Archie (2019-09-30). "Gousto aims to more than double workforce". Financial Times. Retrieved 2020-06-26.
  2. ^ a b "Unilever again invests in meal-kit firm Gousto". www.just-food.com. 2019-01-07. Retrieved 2020-06-26.
  3. ^ "Where does Gousto deliver?". gousto.zendesk.com.
  4. ^ "Gousto, nationwide, visit www.gousto.co.uk". The Argus.
  5. ^ Hancock, Alice (2020-05-08). "Recipe box sales surge under lockdown". Financial Times. Retrieved 2020-06-02.
  6. ^ "BBC Two – Dragons' Den".
  7. ^ Gousto raises 9m from BGF and others
  8. ^ Barber, Lynsey (2016-11-03). "Recipe box startup Gousto gobbles up millions more in funding". Retrieved 2016-11-09.
  9. ^ O'Hear, Steve. "Gousto, the UK cook-at-home recipe kit service, serves up further £10M in funding". TechCrunch. Retrieved 2016-11-09.
  10. ^ "Recipe kit delivery startup Gousto has raised £10 million to help it take on HelloFresh". Business Insider. Retrieved 2016-11-09.
  11. ^ "IGD Awards 2016 – Winners". www.igd.com. Retrieved 2016-11-09.
  12. ^ "Gousto cooks up £18m funding and signs up 'The Body Coach' Joe Wicks". CityAM. 2019-01-06. Retrieved 2020-06-02.
  13. ^ "Body Coach star Wicks backs Gousto as online meal kit firm secures more funds". ITV News. 6 January 2019. Retrieved 2020-06-02.
  14. ^ "Recipe box company Gousto secures £30m funding". CityAM. 2019-07-15. Retrieved 2020-06-02.
  15. ^ "Meatless Farm partners with Gousto to expand plant-based foodservice footprint". .foodingredientsfirst.com/. Retrieved 2020-03-12.
  16. ^ "Gousto secures £33m investment as coronavirus boosts business". CityAM. 2020-04-16. Retrieved 2020-06-02.
  17. ^ "Gousto, a UK meal-kit service, raises another $41M as business booms under lockdown". TechCrunch. Retrieved 2020-06-02.
  18. ^ Radojev, Hugh (2020-04-17). "Gousto secures £33m investment as coronavirus boosts sales". Retail Week. Retrieved 2020-06-02.
  19. ^ "Food delivery firm Gousto plunged into governance storm after slashing valuation". Sky News. Retrieved 10 April 2023.
  20. ^ "Home – Startups 100 by Startups.co.uk: Start up a successful business". startups.co.uk. Retrieved 2016-02-15.
  21. ^ "The UKBAA & BVCA Award for Angel-VC Deal Of The Year: Gousto | UK Business Angels Association". www.ukbusinessangelsassociation.org.uk. Archived from the original on 2015-09-08. Retrieved 2015-09-07.
  22. ^ "2014 Winners – The Great British Entrepreneur Awards". Archived from the original on 2015-10-16. Retrieved 2015-09-07.
  23. ^ "Everline Future 50: Gousto – Real Business". realbusiness.co.uk. 25 February 2014. Retrieved 2016-02-15.
  24. ^ Kate Wills (20 August 2015). "Home-delivered gourmet meals cut out shopping and prep time – but are they worth the money?". The Independent. Retrieved 21 May 2018.
  25. ^ Insley, Jill (30 November 2012). "Hello Fresh and Gousto – which is better?". The Guardian. Retrieved 2015-09-07.
  26. ^ Isabelle Aron (11 February 2016). "The best recipe boxes in London: tried and tested". Time Out London. Retrieved 2016-02-15.

Further reading

External links

Wikious
Boobota
Sagapedia