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§ Public · Washington, DC, USA
Sweetgreen is a technology company.
Sweetgreen operates fast-casual restaurants, offering customizable salads and warm bowls crafted from seasonal, whole produce. Meals are prepared from scratch daily, prioritizing transparent sourcing and direct farmer relationships. This model provides accessible, healthy dining options, underscoring ingredient quality and culinary integrity.
Jonathan Neman, Nicolas Jammet, and Nathaniel Ru founded Sweetgreen in August 2007, post-college graduation. They observed a market void for convenient, nutritious food, noting a dichotomy between slow, fresh options and fast, unhealthy ones. Their insight was to establish a fast-casual experience delivering high-quality ingredients efficiently.
Sweetgreen serves consumers seeking wholesome, convenient meals with traceable ingredients. Its mission is to build healthier communities by connecting people to real food. The company aims to reshape the fast-food industry, inspiring customers and partners to contribute positively to the food system through fresh, scratch-made offerings and sustainable practices.
Sweetgreen has raised $528.8M across 10 funding rounds.
Key people at Sweetgreen.
Sweetgreen was founded in 2007 by Nicolas Jammet (Co-Founder & Chief Concept Officer) and Jonathan Neman (Co-Founder & CEO) and Nathaniel Ru (Co-Founder & Chief Brand Officer).
Sweetgreen has raised $528.8M in total across 10 funding rounds.
Sweetgreen was founded in 2007 by Nicolas Jammet (Co-Founder & Chief Concept Officer) and Jonathan Neman (Co-Founder & CEO) and Nathaniel Ru (Co-Founder & Chief Brand Officer).
Sweetgreen has raised $528.8M in total across 10 funding rounds.
Sweetgreen's investors include D1 Capital Partners, Lone Pine Capital, Fidelity Management & Research Company, GoAhead Ventures, Great Oaks Venture Capital, Predictive VC, Marco DeMeireles, Thirty Five Ventures, Torch Capital, Alex Rodriguez, Jennifer Lopez, Henry Ellenbogen.
Sweetgreen is a fast-casual restaurant chain specializing in salads and healthy bowls, not a pure technology company, though it heavily integrates tech for operations and customer experience. Founded in 2007, it builds a digital-first platform including a mobile app for ordering, pickup, delivery, and payments, alongside physical stores serving fresh, locally sourced ingredients. It targets health-conscious urban and suburban consumers seeking convenient, nutritious meals, solving the problem of limited access to tasty, sustainable fast food amid rising demand for real, unprocessed options.[1][2][3] With over 250 stores across 24 states and D.C. as of 2025, plus drive-thru "Sweetlane" locations, Sweetgreen demonstrates strong growth momentum through strategic expansion, public listing, and tech enhancements like data analytics for personalization.[1][2][6]
Sweetgreen was founded in November 2006 by Georgetown University students Nicolas Jammet, Nathaniel Ru, and Jonathan Neman, who bonded over frustration with unhealthy campus food options.[2][3] The trio wrote a business plan in their dorm room, aiming to create a place for delicious, affordable, healthy food that stood for sustainability and community.[3][4] They opened their first store in Washington, D.C., in August 2007, shortly after graduating, with initial $375,000 funding from family, Joe Bastianich, Seth Goldman, and others.[1][2] Early traction came from direct farmer connections at markets, seed funding in 2010, and major investments like $22 million from Revolution Growth in 2013, fueling expansion.[1][2] Pivotal moments include headquarters move to Los Angeles in 2016, going public, and 2025 drive-thru launches, growing from a dorm idea to a chain valued over $1.6 billion.[2][3][6]
Sweetgreen rides the farm-to-table and digital fast-casual wave, blending food tech with sustainability amid trends like health-focused eating, supply chain transparency, and app-based convenience post-pandemic.[1][5] Timing aligns with consumer shifts toward clean, traceable ingredients—willing to pay premiums for them—fueled by urbanization and wellness booms.[1][5] Market forces like e-commerce growth and corporate catering demand favor its hybrid model, influencing the ecosystem by elevating standards for tech in restaurants (e.g., analytics for personalization) and inspiring competitors in healthy dining.[2][5] As a public company with 6,000+ employees, it pioneers "seed-to-table" innovations, reshaping fast food toward regenerative agriculture and digital ecosystems.[2][6]
Sweetgreen's tech integration positions it to scale beyond salads into broader healthy food ecosystems, with expansions like more Sweetlanes and potential new formats driving revenue. Trends in AI-driven personalization, climate-resilient sourcing, and delivery dominance will shape its path, amplifying influence as a sustainability leader in fast casual. Expect accelerated growth in suburbs and new markets, evolving from dorm-room disruptor to a defining force in rewriting food systems—proving healthy, real food can thrive at fast-food speed.[1][2][6]
Sweetgreen has raised $528.8M across 10 funding rounds. Most recently, it raised $150.0M Other Equity in September 2019.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Dec 10, 2019 | Yumi | $8.0M Other Equity | — | James Freeman, Allbirds, Casper, Harry's, Soul Cycle, Uber, Neil Blumenthal |
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Sep 23, 2019 | $150M Venture Round | D1 Capital Partners, Lone Pine Capital | — | Announced |
| Nov 13, 2018 | $200M Series H | Fidelity Management & Research Company | — | Announced |
| Aug 1, 2016 | $40M Series G | — | GoAhead Ventures, Great Oaks Venture Capital, Predictive VC, Marco Demeireles, Thirty Five Ventures, Torch Capital, Alex Rodriguez, Jennifer Lopez | Announced |
| Jul 1, 2015 | $35M Venture Round | Henry Ellenbogen | Steve Case | Announced |
| Jun 1, 2015 | $35M Series F | — | Cota Capital, IVP, Pear VC, QED Investors, Revolution, SV Angel, Troy Carter | Announced |
| Nov 1, 2014 | $19M Series E | Steve Case | Revolution, Troy Carter, Daniel Boulud, Danny Meyer, Gary Hirshberg, Scott Belsky | Announced |
| Dec 3, 2013 | $22M Venture Round | Steve Case | — | Announced |
| Dec 1, 2013 | $22M Series D | Revolution Growth | Cota Capital, IVP, Pear VC, QED Investors, Revolution, Streamlined Ventures, SV Angel, Troy Carter | Announced |
| Apr 1, 2010 | $5M Series A | — | LDR Ventures, Stratus Ventures | Announced |
| Nov 1, 2009 | $840K Seed | — | BAM Ventures | Announced |
Key people at Sweetgreen.