HelloFresh Planning To IPO This Year

HelloFresh, a food delivery startup, is reportedly preparing for an IPO this year.  The offering may take place as early as October and could value the company at over $1.1bn.  Morgan Stanley and Goldman Sachs have been tapped to organize the listing.  HelloFresh, which was founded in 2011, has raised over $193m in funding.  Rocket Internet is a majority investor in the company, and other backers include Insight Venture Partners, Phenomen Ventures and Vorwerk Direct Selling Ventures.

HelloFresh is a member of the Triton Research IPO Watchlist, a continuously updating database of companies we expect to either IPO or be acquired.  The current IPO Watchlist is comprised of 108 companies organized by investment theme.