Financials

Estimates*

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Revenues, earnings & profits over time
EUR202020212022
Revenues57.7m80.4m70.6m
% growth-39 %(12 %)
EBITDA(<1m)(1.7m)(6.6m)
% EBITDA margin(1 %)(2 %)(9 %)
Profit(1.2m)40.5m(7.7m)
% profit margin(2 %)50 %(11 %)
R&D budget-<1m-
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DateInvestorsAmountRound
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N/A

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£285k

Seed

£1.0m

Seed
*

£2.0m

Seed
*

£6.0m

Early VC

N/A

Acquisition
Total FundingAUD18.9m

Recent News about Mindful Chef

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More about Mindful Chefinfo icon
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Mindful Chef is a UK-based company that specializes in delivering fresh, healthy recipe boxes directly to consumers' doors. Founded in 2015 by three friends, the company aims to make healthy eating accessible and convenient for everyone. Operating in the meal kit delivery market, Mindful Chef offers a subscription-based service where customers can choose from 20 different recipes each week. The business model focuses on providing high-quality, nutritionally balanced meals using ingredients sourced from ethical suppliers. Mindful Chef generates revenue through its subscription plans, which are fully flexible, allowing customers to skip or pause their deliveries at any time. The company also stands out for its commitment to social responsibility, being a certified B Corp and pioneering a 'one for one' model where a meal is donated to children in need for every meal sold. This initiative has resulted in over 7 million meals donated to children in Malawi. Mindful Chef's target market includes health-conscious individuals and families looking for convenient, nutritious meal solutions. The company has received high customer satisfaction ratings, with 94% of customers reporting that it has made healthy eating easier for them. Additionally, 66% of their customers have switched from other recipe box services, highlighting the brand's strong market position.

Keywords: recipe box, healthy eating, fresh ingredients, ethical sourcing, flexible subscription, B Corp, meal kit delivery, UK market, social responsibility, high customer satisfaction.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.