Financials

Estimates*

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Revenues, earnings & profits over time
USD2020202120222023202420252026
Revenues221m340m470m584m680m789m940m
% growth(20 %)54 %38 %24 %16 %16 %19 %
EBITDA(112m)(112m)(125m)(44.6m)18.5m37.0m63.1m
% EBITDA margin(51 %)(33 %)(27 %)(8 %)3 %5 %7 %
Profit(141m)(153m)(190m)(113m)(81.8m)(56.3m)(46.5m)
% profit margin(64 %)(45 %)(41 %)(19 %)(12 %)(7 %)(5 %)
EV / revenue-8.7x1.3x1.7x5.0x4.4x3.8x
EV / EBITDA--26.3x-4.9x-22.7x184.2x94.0x55.8x
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DateInvestorsAmountRound
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N/A

-
N/A

N/A

Seed

$840k

Seed

$2.2m

Early VC

$3.2m

Early VC

$6.9m

Early VC

$22.0m

Late VC

$18.5m

Series E

$35.0m

Series F
N/A

N/A

Series G

N/A

Series G
*

$200m

Valuation: $1.0b

Series H

$150m

Valuation: $1.6b

SERIES I
*
N/A

$364m

Valuation: $3.4b

15.4x EV/LTM Revenues

-30.4x EV/LTM EBITDA

IPO
Total FundingAUD678m

Recent News about Sweetgreen

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More about Sweetgreeninfo icon
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Sweetgreen operates in the fast-casual dining sector, specializing in healthy, seasonal salads and grain bowls made from scratch using whole produce. The company primarily serves health-conscious consumers looking for nutritious meal options. Sweetgreen's business model revolves around both physical restaurant locations and a robust digital platform, including a freshly designed app that facilitates delivery and pickup orders. Revenue is generated through direct sales of food items, both in-store and online, and the company leverages technology to enhance customer experience and streamline operations. The market Sweetgreen operates in is competitive, with a focus on innovation and sustainability. Notably, the company has attracted high-profile investors, including Naomi Osaka, and continues to expand its footprint while maintaining a commitment to community health and wellness.

Keywords: fast-casual, healthy eating, seasonal salads, grain bowls, whole produce, digital platform, delivery, pickup, sustainability, innovation.

Tech stack

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

Investments by Sweetgreen

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Spyce Food
ACQUISITION by Sweetgreen Aug 2021