2014’s biggest investments: Hello Fresh £33.2m
Insight Venture Partners and Phenomenon plough huge sum into business with global operations
In one of the largest of its kind, food delivery subscription service Hello Fresh secured circa £33.2m ($50m) Series D funding from New York based Insight Venture Partners, with existing investor Phenomenon also participating. Founded in January 2012 by Patrick Drake and Ed Boyes, the company already have operations in the US, Australia and Germany, and aim to use the funding for further global expansion.
Read more about the deal here.