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Blue Apron - About the company

Blue Apron is an acquired company based in New York City (United States), founded in 2012 by Matt Salzberg, Ilia Papas and Matthew Wadiak. It operates as a Provider of subscription-based meal kit delivery services. Blue Apron has raised $194M in funding from Fidelity Investments and Stripes, with last known valuation of $103M. The company has 75 active competitors, including 6 funded and 10 that have exited. Its top competitors include companies like HelloFresh, Marley Spoon and Home Chef.

Sectors and market segments that Blue Apron operate in

Blue Apron serves in the Food and Agriculture Tech market segments.The primary business model of Blue Apron is:

Company Details

Provider of subscription-based meal kit delivery services. It delivers meal kits with pre-measured ingredients and recipe cards in refrigerated boxes and offers them to the subscribed members on a weekly basis. The company claims to buy food in bulk and split it up into portioned meal kits for the subscribers. The company also offers wines to the customers on a subscription-based policy.
Social
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Registered Address
28 Liberty St., Floor 28 New York, NY 10005
Key Metrics
Founded Year
2012
Location
New York City, United States
Stage
Acquired
Total Funding
$194M in 8 rounds
Latest Funding Round
Last Known Valuation
$103M as on Sep 29, 2023
Ranked
Annual Revenue
$458M as on Dec 31, 2022
Employee Count
1,452 as on Mar 31, 2026
Investment & Acquisitions
Similar Companies
Exit Details
Acquired by Wonder (Sep 29, 2023)

Blue Apron's acquisition details

Blue Apron got acquired by Wonder on Sep 29, 2023 at an acquisition amount of $103M.
Click here to take a look at Blue Apron's acquisition in detail
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Blue Apron's funding and investors

Blue Apron has raised a total funding of $194M over 8 rounds. Its first funding round was on Sep 19, 2012. Its latest funding round was a Post IPO round on May 02, 2022 for $40M. 1 investor participated in its latest round. Blue Apron has 16 institutional investors and 6 angel investors.

Here is the list of recent funding rounds of Blue Apron:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
May 02, 2022
$40M
Post IPO
-
-
-
Feb 14, 2022
$5M
Post IPO
-
-
-
Nov 2021
Undisclosed
Post IPO
-
-
-
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Blue Apron's founders and board of directors

Founder? Claim Profile
The founders of Blue Apron are Matt Salzberg, Ilia Papas and Matthew Wadiak.
Here are the details of Blue Apron's key team members:

Blue Apron's employee count trend

Blue Apron has 1,452 employees as of Mar 26. Here is Blue Apron's employee count trend over the years:
Employee count trend for Blue Apron
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Blue Apron's Competitors and alternates

Top competitors of Blue Apron include HelloFresh, Marley Spoon and Home Chef. Here is the list of Top 10 competitors of Blue Apron, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for HelloFresh
HelloFresh
2011, Berlin (Germany), Public
Provider of meal recipe kits subscription service
$367M
85/100
2nd
Logo for Marley Spoon
Marley Spoon
2012, Berlin (Germany), Acquired
Provider of meal kits, prepared meals, and market essentials
$71.1M
77/100
3rd
Logo for Blue Apron
Blue Apron
2012, New York City (United States), Acquired
Provider of subscription-based meal kit delivery services
$194M
76/100
4th
Logo for Home Chef
Home Chef
2013, Chicago (United States), Acquired
Platform offering recipe meal kit delivery services
$55.8M
76/100
5th
Logo for Sun Basket
Sun Basket
2011, San Francisco (United States), Series E
Online subscription recipe box with pre measured ingredients
$125M
64/100
6th
Logo for Green Chef
Green Chef
2014, Boulder (United States), Acquired
Provider of organic meal kit based on subscription
$15.5M
59/100
7th
Logo for Purple Carrot
Purple Carrot
2014, Boston (United States), Acquired
Online platform to purchase plant-based meal kits
$8.8M
57/100
8th
Logo for Plated
Plated
2012, New York City (United States), Acquired
Online grocery delivery and pickup, offering fresh food and household essentials
$89.5M
54/100
9th
Logo for Gobble
Gobble
2010, Palo Alto (United States), Acquired
15-minute meal kits delivered: fresh, homemade dinners made easy
$27.1M
47/100
10th
Logo for EveryPlate
EveryPlate
2018, Texas City (United States), Unfunded
Subscription-based meal kit delivery service
-
-
46/100
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Looking for more details on Blue Apron's competitors? Click here to see the top ones

Blue Apron's Investments and acquisitions

Blue Apron has made 1 investment in Native and acquired BN Ranch.

Reports related to Blue Apron

Here is the latest report on Blue Apron's sector:

News related to Blue Apron

lockFilter this list
Media has covered Blue Apron for a total of 8 events in the last 1 year, 4 of them have been about company updates.
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